Increase in EBITDA and Free Cash Flow
Consolidated EBITDA reported at $69 million, up from $63 million a year ago. The last 12 months consolidated EBITDA was $313 million. Positive free cash flow generated, increasing liquidity by $11 million to $393 million.
Improvement in Expedited Freight Segment
Corrective pricing strategies led to an improvement in the Expedited Freight segment with an EBITDA margin of 10.4%, up almost 400 basis points from last quarter.
Growth in Intermodal Segment
Intermodal segment revenue increased by 11% to $62 million due to a 7.4% increase in revenue per shipment and a 2.9% increase in the number of shipments.
Sales and Revenue Transparency
Detailed revenue breakdown by service and region was provided, enhancing transparency into business operations. Approximately 70% of business was from ground transportation in North America.