ArcBest

ArcBest Corp. is a logistics company which provides end-to-end supply chain services with a focus on innovation. It operates through the following business segments: Asset-Based, ArcBest and FleetNet. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The ArcBest segment refers to the operations of the company's expedite, truckload, and truckload-dedicated businesses as well as its premium logistics services, and international freight transportation with air, ocean, and ground service offerings. The FleetNet segment covers the operations of FleetNet America, Inc., and certain other subsidiaries that provide roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers. The company offers a full array of logistics solutions to optimize customers supply chains, while continuing to offer asset-based less-than-truckload (LTL) services through the ABF Freight network and ground expedite services under the Panther Premium Logistics brand. Its service offerings also include truckload, dedicated, managed transportation, intermodal, international air and ocean, time critical, warehousing and distribution, and household goods moving services. ArcBest was founded in 1923 and is headquartered in Fort Smith, AR.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ArcBest achieves record revenue, navigates challenges with strategic investments

ArcBest's Q4 2022 performance reflects strong revenue growth, operational resilience, and strategic investments positioning the company for future success.
While facing challenges such as decelerating customer demand and cost management, ArcBest's strengths in pricing power, innovation, and logistics optimization offer avenues for sustained growth.
Opportunities lie in technology advancements, supply chain optimization, and strategic growth initiatives, signaling a positive outlook for ArcBest's future growth and profitability.

ArcBest shows resilience in Q1 amidst revenue decline and challenges

ArcBest navigated challenges by expanding solutions, investing in technology and talent, and maintaining a healthy cash balance. The company's strategic focus on efficiency, customer service, and growth opportunities positions it well for the future.

ArcBest reports mixed Q2 results, eyes M&A for growth

ArcBest's Q2 2023 performance reflected a mixed financial picture with revenue and operating income decreasing, but core LTL-rated business pricing increasing sequentially.
The company's strengths lie in employee relationships, industry awards, and the ability to scale up capacity, while challenges include managing cost increases and market disruptions.
Opportunities for ArcBest include potential M&A activities, improving operating ratios, and leveraging technology and employee engagement for future growth.

ArcBest reports strong Q3 performance, eyes growth amid market challenges

ArcBest's Q3 performance reflects a strong focus on cost efficiency, customer relationships, and strategic investments in technology and labor availability.
While facing challenges in the Asset-Light business and pricing environment, the company is actively pursuing opportunities in freight redistribution and market recovery.
Strategic strengths in customer-centricity, operational efficiency, and growth targeting position ArcBest for sustainable improvement in operating ratio and long-term success.
By balancing cost management, revenue optimization, and growth strategies, ArcBest aims to navigate market disruptions and drive profitability in a dynamic logistics landscape.

ArcBest reports robust revenue and operational improvements amidst market challenges

ArcBest's financial performance remained strong despite market challenges, with a focus on cost-cutting and revenue growth.
The company showcased strengths in labor agreements, innovative technology, and industry recognition.
Challenges include market growth drivers, network consistency, and optimizing cost structures.
Opportunities lie in leveraging integrated logistics, diversifying carriers, and enhancing customer experience through efficient operations.

ArcBest reports solid Q1 earnings, eyes growth amidst challenges

ArcBest delivered strong first-quarter results with solid revenue and operational income, despite challenges like severe weather and impairment charges. The company's strategic investments and focus on operational excellence position it well for future growth and efficiency.
While facing labor cost increases and challenges in the asset-light segment, ArcBest remains committed to productivity improvements and balancing price and volume for sustainable growth. Opportunities for growth are seen in core shipments and operational efficiency efforts.

ArcBest reports robust Q2 earnings, eyes efficiency gains for growth

ArcBest's Q2 2024 earnings call showcased a strong financial performance, driven by efficiency gains and strategic pricing initiatives.
Despite challenges in the freight cycle, the company remains focused on growth, innovation, and service excellence to drive value for stakeholders.
Analysts' inquiries and long-term guidance underscore ArcBest's commitment to transparency, efficiency, and sustainable growth in a competitive market.

ArcBest reports Q3 challenges but showcases service excellence and innovation

ArcBest navigated challenges in revenue and operating income but demonstrated strengths in service excellence and innovation.
Efforts to optimize workforce, expand facilities, and invest in technology position the company for future growth.
Strategic leadership changes and a commitment to efficiency and innovation underscore ArcBest's resilience and adaptability.

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ArcBest Corp. is a logistics company which provides end-to-end supply chain services with a focus on innovation. It operates through the Asset-Based and Asset-Light business segments. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The Asset-Light segment consists of logistics services using third-party vendors to provide transportation services. The company was founded in 1923 and is headquartered in Fort Smith, AR.

FORT SMITH, Ark. , April 3, 2023 /PRNewswire/ -- ArcBest ®  (Nasdaq: ARCB) will announce its first quarter 2023 financial results prior to the opening market on Friday, April 28, 2023.

ArcBest Announces Its First Quarter 2023 Earnings Conference Call

ArcBest Corporation has done well, for the most part, from a fundamental perspective over the past several months. The company has seen some weakness on its bottom line, but shares still look cheap enough to warrant upside.

ArcBest Corporation: The Ride Has Room To Run From Here

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In a surprise move, transportation firm ArcBest Corp. announced on Wednesday a reorganization that included the abrupt departures of the founder and CEO of MoLo Solutions Inc., a 6-year-old truckload brokerage business that ArcBest acquired in November 2021 for an upfront $235 million cash payment and an earn-out figure that could have pushed the total to $450 million had MoLo met specific performance criteria between 2023 and 2025. Fort Smith, Arkansas-based ArcBest (NASDAQ: ARCB) announced that Matt Vogrich, who founded Chicago-based MoLo in 2017, and Andrew Silver, who joined MoLo the following year and was CEO, were no longer with the company, effective immediately.

ArcBest fires top 2 truckload brokerage execs in surprise move

Transportation and logistics provider ArcBest provided a mixed bag of an update to the first quarter Monday ahead of the market open. Tonnage in the company's asset-based unit, which includes less-than-truckload services, was up 1.6% year over year (y/y) in January and 2% higher in February.

ArcBest's Q1 update shows impact of dynamic pricing model

Trucking company ArcBest Corp. is expanding its logistics services with new technology allowing warehouse workers to load and unload truck trailers rapidly, addressing one of the biggest pain points for logistics operators.

ArcBest Rolls Out Technology to Speed Up Freight Loading

ArcBest announced Wednesday the launch of warehouse freight movement technology that allows all of the freight on a trailer to be loaded or unloaded at once. The Vaux Freight Movement System incorporates software and hardware, a 26-foot-long mobile platform and a coupler that can connect to most forklifts, to move freight on and off a trailer.

ArcBest touts system for loading, unloading trailer in one motion

Vaux™ freight movement technology transforms intralogistics processes, creating efficiencies that move supply chains forward. FORT SMITH, Ark.

ArcBest Launches Revolutionary Freight Movement Technology

Transportation and logistics provider ArcBest announced the sale of FleetNet America after the market closed Tuesday. The unit, which provides emergency roadside and preventive maintenance services, was sold to Cox Automotive for $100 million.

ArcBest trims product offering with $100M sale of FleetNet

Cox Automotive, a division of Cox Enterprises, Inc.™, acquires FleetNet America® for $100 million ArcBest's board has increased the company's share repurchase program authorization to $125 million FORT SMITH, Ark. , Feb. 28, 2023 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, has reached an agreement, following a process that began in early 2022, to sell FleetNet America®, a provider of fleet maintenance and repair services, to Cox Automotive Mobility Solutions, Inc., a division of Cox Enterprises, Inc. "FleetNet has been a valuable part of ArcBest, giving us insight and expertise in equipment maintenance and repair.

ArcBest® Announces Sale of FleetNet America® and Increased Share Repurchase Program

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Why ArcBest Stock Is Soaring Today

ArcBest Corporation (NASDAQ:ARCB ) Q4 2022 Earnings Conference Call February 3, 2023 9:30 AM ET Company Participants David Humphrey - Vice President, Investor Relations Judy McReynolds - Chairman, President, and Chief Executive Officer David Cobb - Chief Financial Officer Danny Loe - President of Asset-light Logistics, and Chief Yield Officer Dennis Anderson - Chief Customer Officer Conference Call Participants Chris Wetherbee - Citigroup Ravi Shanker - Morgan Stanley Jason Seidl - Cowen Jordan Alliger - Goldman Sachs Jack Atkins - Stephens Incorporated Todd Fowler - KeyBanc Capital Markets Ken Hoexter - Bank of America Ari Rosa - Credit Suisse Jeff Kauffman - Vertical Research Partners Bruce Chan - Stifel Nicolaus Operator Greetings, and welcome to the ArcBest Fourth Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

ArcBest Corporation (ARCB) Q4 2022 Earnings Call Transcript

Transportation and logistics provider ArcBest said it leaned on transactional freight to offset declining less-than-truckload demand, which intensified as the fourth quarter progressed. ArcBest (NASDAQ: ARCB) reported fourth-quarter adjusted earnings per share of $2.45 Friday before the market opened.

ArcBest's Q4 light of analysts' expectations

ArcBest (ARCB) delivered earnings and revenue surprises of -7.20% and 1.09%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ArcBest (ARCB) Misses Q4 Earnings and Revenue Estimates

Advancing Strategic Initiatives to Better Serve Customers, Drive Efficiencies and Enhance Value Celebrates 100 Years of Delivering Cutting-Edge Supply Chain and Logistics Solutions to Customers Worldwide Delivered fourth quarter 2022 net income of $37.3 million, or $1.48 per diluted share, with non-GAAP fourth quarter 2022 net income of $61.6 million, or $2.45 per diluted share. Generated full year 2022 net income of $298.2 million, or $11.69 per diluted share.

ArcBest Announces Fourth Quarter 2022 and Record-Setting Full Year 2022 Results

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FORT SMITH, Ark. , Feb. 2, 2023 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, today announced that a new member has been added to the ArcBest Board of Directors.

New ArcBest Board Member Added

ArcBest (ARCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: ArcBest (ARCB) Q4 Earnings Expected to Decline

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ArcBest Corporation stays durable with its stable revenues and margins. Its fundamental stability remains one of its strongholds.

ArcBest: Delivering Fundamental Stability Despite Potential Market Slowdown

Streamlined design, navigation and easy-to-digest content offer an improved user experience. FORT SMITH, Ark.

ArcBest Launches Newly Redesigned Website

FORT SMITH, Ark. , Jan. 4, 2023 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB) will announce its fourth quarter 2022 financial results prior to the opening market on Friday, February 3, 2023.

ArcBest Announces Its Fourth Quarter 2022 Earnings Conference Call

ArcBest said Monday CFO David Cobb will retire in October 2023. The company has initiated a search for his replacement.

ArcBest CFO to retire; company to begin search for replacement

FORT SMITH, Ark. , Dec. 12, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that David Cobb, chief financial officer, will retire in October 2023 after a 17-year career with the company.

ArcBest Chief Financial Officer David Cobb to Retire in October 2023

Less-than-truckload demand continues to moderate off all-time highs at a faster-than-expected pace. Old Dominion Freight Line's (NASDAQ: ODFL) November update showed tonnage was down 8.6% year over year (y/y) during the month, following a 6.5% decline in October.

News for ArcBest Stock (ARCB)