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Intercity Miles
Measures the total miles covered between cities, indicating the company's reach and efficiency in long-haul transportation.Intercity Miles have trended down from a 2022 peak, indicating weaker network utilization and lower density that amplifies unit costs—likely driving the YoY volume decline and the 80bp operating‑ratio deterioration despite solid yield gains. Management’s disciplined pricing and best‑in‑class service can support revenue per cwt and help win share, but until intercity miles recover, fixed‑cost deleverage and excess industry capacity will constrain margin improvement in the near term.
Date | Intercity Miles |
|---|---|
Jun 30, 2026 | 151.98M |
Mar 31, 2026 | 144.72M |
Dec 31, 2025 | 144.06M |
Sep 30, 2025 | 155.37M |
Jun 30, 2025 | 159.58M |
Mar 31, 2025 | 157.26M |
Dec 31, 2024 | 162.12M |
Sep 30, 2024 | 168.99M |
Jun 30, 2024 | 172.36M |
Mar 31, 2024 | 169.77M |