Old Dominion and Saia, two big trucking companies, recently shared news about their business. It's like a report card for how well they're doing. They move goods for other businesses, not just small packages like the post office.
- Old Dominion's business slowed down in February. They moved less stuff than last year.
- Saia, on the other hand, is doing better and moving more stuff.
- March is usually a busy month for trucking companies, so they're hoping for better things ahead.
| Thing | Number |
|---|---|
| Old Dominion's February revenue decrease | 5% |
| Old Dominion's February tonnage decrease | 7.1% |
| Old Dominion's expected March tonnage increase (usually) | 4.9% |
The news also mentioned something called the PMI, which is like a survey of how companies feel about the economy. A low PMI means businesses aren't feeling optimistic.
