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Performance was driven by U.S. forwarding operations and international airfreight strength, particularly in disaster relief efforts following Western Pacific typhoons.
The Navegate platform is acting as a growth catalyst, enabling enterprise customers to manage complex supply chains, including one client managing over 1,400 vendors.
Domestic market dynamics are improving as capacity exits the North America truckload and intermodal sectors through carrier attrition and tighter driver availability.
Management observed constructive cyclical indicators, including rising spot rates and tender rejections, which began to manifest late in the fourth fiscal quarter.

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10 days ago

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