Logistics Double-Digit Growth
Logistics division continued a double-digit growth trajectory with lower operating costs year-over-year, despite some anticipated change in mix.
Dedicated Revenue Growth
Dedicated revenue grew sequentially and year-over-year, driven by recent business awards and startups. Dedicated revenue per truck per week grew 1.3%, marking 29 of the last 31 quarters of growth.
Operational Excellence and Safety Improvements
DOT preventable accidents per million miles declined by a low-double-digit percent from Q3 of last year. The cost savings plan is progressing as planned, with 80% of the $45 million target achieved for 2025.
Technology Transformation Success
Complete rebuild of the technology stack into a modern, scalable, secure, cloud-based platform, resulting in a 40% reduction in largest expense in a back-office department over two years.