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 2024

ArcBest shows resilience with customer growth despite revenue challenges

ArcBest's Q1 performance showcased resilience and growth in customer base, despite revenue decreases. The company's focus on technology, cross-selling, and employee development remains strong. However, challenges in revenue and concerns about pricing and cost management were raised. ArcBest is eyeing growth opportunities through strategic decisions and effective resource management.

ARCB reports Q2 revenue and income declines, emphasizes labor agreement

ARCB's Q2 2023 performance saw declines in revenue and operating income, with a focus on addressing cost control actions and labor agreement impact. The company emphasized its strengths in employee relationships, technology investments, and serving existing customers well. However, challenges related to capacity, labor constraints, and dynamic pricing were acknowledged, while opportunities in potential investments and M&A were discussed.

ArcBest reports strong Q3 performance, eyes growth in small business segments

ArcBest's Q3 performance reflects a strong focus on customer relationships and market disruption, with improvements in revenue and profitability. However, challenges in the Asset-Light business and labor issues pose concerns. The company is strategically positioned to capitalize on opportunities in freight redistribution and small to medium-sized business segments.

ArcBest reports strong 2023 performance but faces challenges ahead

ArcBest's performance in 2023 was marked by strong revenue, cost-cutting measures, and shareholder returns, but challenges exist in the form of declining shipments and operating losses in the Asset-Light segment. The company's strengths lie in its employee relationships, awards, and strategic investments, while opportunities include targeting growth and leveraging network capabilities.

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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. , Oct. 4, 2022 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB) will announce its third quarter 2022 financial results prior to the opening market on Tuesday, November 1, 2022.

ArcBest Announces Its Third Quarter 2022 Earnings Conference Call

CARLISLE, Pa. — LTL carrier ABF demonstrated at a hiring event last week how it is speeding up the application process to get drivers in seats as quickly as possible.

Come on in: What it's like at an ABF/ArcBest hiring event

ArcBest LTL carrier offering hiring bonuses for multiple positions FORT SMITH, Ark. , Sept. 23, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a two-day hiring event in Carlisle on September 30 and October 1, seeking candidates for full- and part-time road drivers, full-time city drivers, full- and part-time dock workers, and participants in the company's Driver Development Program.

ABF Freight to Host Carlisle-Area Hiring Event

ArcBest LTL carrier offering hiring bonuses for full-time city drivers FORT SMITH, Ark. , Sept. 14, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a two-day hiring event in Phoenix on September 21 and 22, seeking full-time city drivers.

ABF Freight to Host Phoenix-Area Hiring Event

Saia

More signs of deceleration in the less-than-truckload space were evident Thursday when ArcBest provided a third-quarter update and one analyst cut expectations for Saia following its lackluster report on Wednesday. Revenue for the industry continues to move higher year over year (y/y) as pricing remains firm.

ArcBest update shows signs of moderation; Saia EPS estimates cut

ArcBest LTL carrier offering hiring bonuses for multiple positions  FORT SMITH, Ark. , Sept. 8, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a hiring event in the Portland area on September 15 and 16, seeking candidates for full-time city and road drivers, full-time forklift operators, and full-time forklift operators who will participate in the company's Driver Development Program.

ABF Freight to Host Portland-area Hiring Event

Old Dominion Freight Line

Yellow

A couple of less-than-truckload carriers reported moderating trends Wednesday. Third-quarter updates from both Old Dominion Freight Line and Saia Inc. showed that the robust year-over-year (y/y) growth rates recorded over the last few quarters are continuing to slow.

LTL stocks sag on weaker-than-expected Q3 updates

ArcBest LTL carrier recognized by the Environmental Protection Agency (EPA) for leading the industry in sustainable transportation solutions FORT SMITH, Ark. , Sept. 7, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, has been named a 2022 SmartWay High Performer in the multimodal carriers category.

ABF Freight Recognized as a SmartWay High Performer for the Fifth Consecutive Year

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is ArcBest (ARCB) a Great Value Stock Right Now?

ArcBest LTL carrier offering hiring bonuses for full-time city drivers, forklift operators  FORT SMITH, Ark. , Sept. 6, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a hiring event in the Seattle area on September 12 and 13, seeking candidates for full-time city drivers, full-time forklift operators who will participate in the company's Driver Development Program, and part-time city drivers.

ABF Freight to Host Seattle-area Hiring Event

ArcBest (ARCB) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

ArcBest (ARCB) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

ArcBest LTL carrier offering hiring bonuses for full-time city drivers  FORT SMITH, Ark. , Sept. 2, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a hiring event in the San Fernando area on September 8, seeking candidates for full-time city drivers.

ABF Freight to Host San Fernando-area Hiring Event

ArcBest LTL carrier offering hiring bonuses for full-time city drivers  FORT SMITH, Ark. , Aug. 31, 2022 /PRNewswire/ -- ArcBest® (NASDAQ: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a hiring event in the Long Beach area on September 7, seeking candidates for full-time city drivers.

ABF Freight to Host Long Beach-area Hiring Event

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Broker-favorite stocks like ArcBest (ARCB), Clearwater Paper (CLW), CVR Energy (CVI), Ashford Hospitality (AHT) and Hibbett (HIBB) are worth adding to your portfolio.

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ArcBest is undervalued despite seeing explosive growth and being well-positioned for more. The company's asset-light model will likely remain in high demand even if shipment volumes fall on the asset-based side.

ArcBest: Poised To Exploit Disrupted Supply Chains For More Growth

Zacks.com users have recently been watching ArcBest (ARCB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Trending Stock ArcBest Corporation (ARCB) a Buy Now?

ArcBest (ARCB) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Growth Investors Shouldn't Overlook ArcBest (ARCB)

ArcBest (ARCB) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

ArcBest (ARCB) Shows Fast-paced Momentum But Is Still a Bargain Stock

ArcBest (ARCB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can ArcBest (ARCB) Run Higher on Rising Earnings Estimates?

Should Value Investors Buy ArcBest (ARCB) Stock?

ArcBest LTL carrier offering hiring bonuses for full-time city drivers, forklift operators  FORT SMITH, Ark. , Aug. 17, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a two-day hiring event in the Minneapolis area on August 23 and 24, seeking candidates for full-time city drivers, participants in the company's driver development program, and full- and part-time forklift operators.

ABF Freight to Host Minneapolis-area Hiring Event

ArcBest LTL carrier offering hiring bonuses for full-time road and city drivers  FORT SMITH, Ark. , Aug. 17, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a two-day hiring event in the Indianapolis area on August 23 and 24, seeking candidates for full-time road and city drivers.

ABF Freight to Host Indianapolis-area Hiring Event

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Top-ranked dividend stocks like TotalEnergies (TTE), ArcBest (ARCB), Dollar General (DG), McKesson (MCK) and Archer-Daniels-Midland (ADM) are worth adding to your portfolio.

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The mean of analysts' price targets for ArcBest (ARCB) points to a 35.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in ArcBest (ARCB)? Wall Street Analysts Think 35%

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For significant returns, investors should keep broker-favored stocks like C.H. Robinson Worldwide (CHRW), Covenant Logistics (CVLG), ArcBest (ARCB), American Airlines (AAL) and Bunge Limited (BG) on their radar.

News for ArcBest Stock (ARCB)