good everyone. and Ravi morning, Thanks,
achieved of call quarter growth our As strategy, results tangible you straight saw we the from which our earnings from X.X. we LTL second report,
third no revenue our Our $X.X EBITDA than investments the $XXX with year bottom billion of are million records continue are expect accelerating adjusted than more XX% Both which of and we ago. adjusted adjusted EBITDA year revenue to service the EBITDA real at based billion real our deliver and and this capacity and quarter quarter. fourth to estate higher and a momentum and in We $XX exceedingly estate on was have $X reported of least gains top lines. million, we gains, of quality
September typical outpacing came we positive our tonnage mentioned, in when year-over-year. through Brad A we quarter, steadily the inflection key flipped seasonality. improved As tonnage point
that trends results our am to tonnage typical seasonality peers. to are Our in our strengthening surpass continue October. pleased relative I
of that’s year-over-year XX% XX operating was quarter XX.X%, the in ratio with full adjusted ratio a The ratio was our of points. points we XXX and our operating operating results XXX year put basis adjusted preliminary to third for improvement year-over-year. target quarter Our improvement out basis is
third the continue We points QX. expect by we to of And yield industry at XXX least improvement In X%. quarter, rational pricing. basis in improved see year-over-year we
results. on performance. driving critical to two Now, click about double focus drive to and I talk We LTL want X.X long-term on areas what’s our
first The class world ahead is providing of in our the demand. service to customers investing capacity is and second
share, market with Our It objectives operational capacity. investment and improve efficiency. our are starts optimize pricing, to in gain
added Our flowing New LTL up through opened double Corridor. which of about this end CapEx in year This CapEx budget. Northeast replaced new spend is historical a terminal XX% August, Jersey X% In to a the our revenue, we manage volume at to will year, by over to have other smaller our new doors XXX against end doors net to addition terminal we the XXXX. and in last at XXX year opened terminals our open doors us new expansion, of network. the puts target This XX five
trailers On to all manufacture the at unique trailer is in our the industry. scale our side, ability
line production in is And the trailer Our ever third quarter. second We be first the added a rate the been. in fourth highest production a adding we will that’s quarter. line
to tracking end XXXX. expand than fleet are our trailer We by XX% more year by line-haul
and us is would trailer goal to Our increase which year, pickup delivery another line-haul by further XX% and next production allow expand fleet. with our to our
more company-specific the on with CapEx to for can customers to our tractor for side, we advantage we believe this at to we to OEMs of X% our with expect often. next plan more calls have XXXX what least And are trucks our train XXXX. expand is so footprint working industry, driver bring and and we drivers, drivers for This at expanded year. In years, X,XXX the several to say is our On XX% in revenue the to largest another locations. in capacity, school yes training the we XXX the
all by and is technology happen XX% most and changed goals vacuum. pricing numbers best one on efficiency and way our year-over-year function in level. in comp damage the supervisor Damage the about. improvement quarter frequency damages right, In We September, again We delivered plan, the October. third to service. quality, damage of operational customers two down our care up improving delivering optimizing our other That are the are a XX%, XX% our The improved and in with to and improving shipping reducing focus of and frequency the since September in in metrics a people of the XXXX October. and great incentive to improved the frequency we didn’t
If a we of XX,XXX service launched And been the that now are to identify launched each more trailers day. trailers technology the standards quality field our entire Gladiator to team energizing our supervisors loading. and the that rewarded. is customer dramatic. just also is which short terminal raise initiatives quality at team that some has in pinpoint the loading program that exceeded, target to load We can impact need called us at the internal the our and we fall new of and metrics terminal These elevate allows coaching. We recognize are the quality dockworkers
making we force. Another important our is investment sales in are
with approach strategic a winning that their we some XX our accounts of and have we smaller that the feedback is spent three All layered comes they that field base in between back direct are accounts In to to in a with segments us. potential also sales a service the up are the customer third in as managers in business. and with butter. our accounts taking top dedicated we lot the team are There onboarding with the and provide business This this and growing experience is We them. our to fact service capacity bread willing I also in our The these XX,XXX teams and to the accounts, of well. our role and hear time become from promises. the frontline. for are major our invest members we pleased technology where to quarter to customers on onboarded national talking is correlation customers success the
their are strong new off really we building now Con-way And and employee since most equipped saw includes satisfaction we our feedback in doing and job them XXXX. We which the conducted entire The highest with that recent has tools make drivers, get result we inputs. in more What to the survey has them capture been the last month, exciting. class. acquired culture voice how that put and successful loops the dockworkers we we so to is world and have our engagement highest we team
growth, focused to of top are So believe service. lever us in our network the team and American that including satisfaction in that that summary, of to a plan X.X is pace solely the we our deliver time. can move service outperforms on we LTL at capacity, LTL North every the investing of and This industry of this peers quality over
over it to truck on RXO. Drew? to brokerage hand I Now, cover Drew