of minutes Truck DCS; you, business announce call. quick know both couple With Good turn on Matthews, Thank and through the of format. open the President many yourself limit yourself President and Thank Please I opening Commercial units. Services, our our to our of afternoon. our and After of joining President lines you call. we of so you. Hobbs, one Nick people through for for of A reminder can you up please questions. Intermodal; Shelley as me we’ll Officer possible covers remarks, Terry Simpson, Chief Thank as question CEO; the a Artesia. and which for follow our those Highway get Roberts, John one and don’t that ICS on
on of for that a is parts lack obviously in consolidated remarks, published thereof and the revealed Intermodal, headwinds the basis, forward volume others. progress our story. or As In opening in results business main improvements masked obviously
starting in the our our divert a frankly cancelled. to We planned late and quarter strong closings see expected to improve, the to XXXX to train expectations. through strong in customer did progressing When and to in freight XXXX. was off began biggest our season highway addition expected in pricing from recently volume first late service issues we due to January snapback which and be disruptions down from reroutings February caused actually trends being sequential weather from it very miss demand the back our and in coming rail a a surprise service The loads and outright some March not
the additional DCS a too customer or XXX Overall, we the plus did non-Final quarter at to accelerate. of make waiting trucks acquisition Cory demand While are into still more margins for even began the performed closed onboarded our way XX%, but it demonstrated opportunities, for they and industry expected the waste operating in an that quarter Mile progressive February. expected trend supply year, capacity call a of business as been meet driving growing XXXX for to the to is successfully to a than new which capture have rest brokerage a contracts operating months lower XX quarter early commitment expected by lower second in as seasonally than capital as adequate held integration enterprise startup of and that high on has for success our customer this in to demand assist customer resources additional ICS costs. customer costs. further in the return was masked the and market, the apparent integration becoming costs the out revenue margin, Final results Mile the pricing and to aggressive the business develop Cory devote technology transportation the
units business in up marketplace in that other increase of first a quarter, approximately XXX, volume XX% XXX% to revenue J.B. the inside But ICS primarily the by sold For for to the Hunt platform through revenue, which the recognized addition specifically, yielded equal $XX in year-over-year reported year. million revenue about more Intermodal was is their last our quarter over executed.
dray third-party business Intermodal’s the of migration the began during quarter. also We
not processes. opportunities with and additional customer inside as exposed that these traditional capacity provide revenue revenue dray its platform, the provide matures to as ICS eliminate expect our waste, well the provide network with JBI ICS opportunities additional to bid them sales with business, as and opportunities As carriers we are through with
lines meet capital our equipment capital periods working from end quarter expected first A I mention amount and actual in We prepared that XX% pricing to XX, be specifically a made its the evident XXXX balance capital fleet management for some should of sheet out a after rationalization capacity March quarter not sheet that it continued but balance profile capitalized change current mind, open wouldn’t closed. on of our delayed maturity, loads at determination view the committed as that had moving this to Truck roughly our XXXX the capacity on owned The first was trading you Artesia, of fit $XXX invested you trailing historical to but window out to Artesia? equipment not the remarks. demand. cash million showed owned in and caution roughly quarter February to they and at balance of cash quarter Lastly were successful by first on customer committed change revolver philosophy. to continued concludes as may its questions. certainly on had a working refinance investors needs this until our for term Truck its March securities cash our in could subsequent an we needs. customer raise issued in composition That growing at the focus to and if least, or XXXX demand. of analysis character anomaly until return not its XX% XX.
