ArcBest, he said, took in $529 per shipment in the first quarter, versus $339 at Yellow.
Mr. Jindel said Yellow was a laggard “largely because of mismanagement.”Yellow did not respond on Monday to a request to speak about its management record.
One company hoping to pick up business from Yellow is Saia, a less-than-truckload company near Atlanta.
The company’s stock has more than doubled this year, and is up 25 percent just since the end of June.
The trucking industry plays a critical role in the U.S. economy, transporting nearly three-fourths of all freight tonnage in the United States, according to the American Trucking Associations, a trade group.
Persons:
Satish Jindel, Jindel, “, ” Frederick Holzgrefe
Organizations:
Yellow’s, SJ Consulting, American Trucking Associations
Locations:
Atlanta, U.S, United States