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

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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.

ArcBest Corporation (NASDAQ:ARCB ) Q3 2024 Earnings Conference Call November 1, 2024 9:30 AM ET Company Participants Amy Mendenhall - Vice President, Treasury and Investor Relations Judy R. McReynolds - Chairman and Chief Executive Officer Seth Runser - President Matt Beasley - Chief Financial Officer Christopher Adkins - Vice President, Yield Strategy and Management Matt Godfrey - President of ABF Freight Steven Leonard - Chief Commercial Officer and President, Asset-Light Logistics Conference Call Participants Jason Seidl - TD Cowen Ravi Shanker - Morgan Stanley Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Ken Hoexter - Bank of America Tom Wadewitz - UBS Brian Ossenbeck - J.P.Morgan Chris Wetherbee - Wells Fargo Scott Group - Wolfe Research Bruce Chan - Stifel Ben Moore - Citi Stephanie Moore - Jefferies Operator Good morning, and welcome to the ArcBest Third Quarter 2024 Earnings Conference Call.

ArcBest Corporation (ARCB) Q3 2024 Earnings Call Transcript

The headline numbers for ArcBest (ARCB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About ArcBest (ARCB) Q3 Earnings

ArcBest (ARCB) came out with quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $2.31 per share a year ago.

ArcBest (ARCB) Q3 Earnings and Revenues Miss Estimates

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported third quarter 2024 revenue of $1.06 billion, compared to $1.13 billion in third quarter 2023. Net income was $100.3 million, or $4.23 per diluted share, including a $69.1 million after-tax benefit from the reduction in the fair value of contingent consideration related to a 2021 acquisition, compared to $34.9 million, or $1.42 per diluted share in the prior year. On a non-GAAP basis, t.

ArcBest Announces Third Quarter 2024 Results

FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on November 13, 2024, payable on November 27, 2024. ABOUT ARCBEST ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 15,000 employees across 250 campuses and service centers, the.

ArcBest Declares a $0.12/Share Quarterly Dividend

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) Q3 Earnings Expected to Decline

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FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its third quarter 2024 financial results before the market opens on Friday, November 1, 2024. A conference call with company executives will be held that day at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 2815802. Following the call, a recorded playback will be available through the end of the day on November 1.

ArcBest Announces Its Third Quarter 2024 Earnings Conference Call

FORT SMITH, Ark.--(BUSINESS WIRE)--Michael Newcity, chief innovation officer and president of ArcBest Technologies, will retire in December 2024. Dennis Anderson will succeed Newcity.

ArcBest Announces Retirement and Succession of Chief Innovation Officer and President of ArcBest Technologies

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ArcBest Corporation ARCB reported worse-than-expected second-quarter adjusted EPS results on Friday.

These Analysts Revise Their Forecasts On ArcBest Following Q2 Results

ArcBest Corporation (NASDAQ:ARCB ) Q2 2024 Earnings Conference Call August 2, 2024 9:30 AM ET Company Participants Amy Mendenhall - Vice President, Treasury and Investor Relations Judy McReynolds - Chairman, President & CEO Seth Runser - President-ABF Freight Matt Beasley - CFO Christopher Adkins - Vice President, Yield Strategy and management Conference Call Participants Jason Seidl - TD Cowen Daniel Imbro - Stephens Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Merrill Lynch Matthew Milask - Stifel Thomas Wadewitz - UBS Christian Wetherbee - Wells Fargo Brian Ossenbeck - JPMorgan Stephanie Moore - Jefferies Jeffrey Kauffman - Vertical Research Partners Ravi Shanker - Morgan Stanley Operator Thank you for standing by. My name is Danica and I will be your conference operator today.

ArcBest Corporation (ARCB) Q2 2024 Earnings Call Transcript

The headline numbers for ArcBest (ARCB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ArcBest (ARCB) Reports Q2 Earnings: What Key Metrics Have to Say

ArcBest (ARCB) came out with quarterly earnings of $1.98 per share, missing the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.54 per share a year ago.

ArcBest (ARCB) Q2 Earnings Miss Estimates

ArcBest Corp. ARCB reported Friday second-quarter profit that missed expectations, as the transportation company saw lower revenue per shipment amid a soft rate environment. The stock was still untraded in the premarket. Net income rose to $46.9 million, or $1.96 a share, from $40.4 million, or $1.64 a share, in the same period a year ago. Excluding nonrecurring items, adjusted earnings per share of $1.98 missed the FactSet consensus of $2.07. Revenue fell 2.3% to $1.08 billion, as per-day asset-based revenue declined 2.1% and per-day asset-light revenue was down 4.2%. “Asset-Light revenues were impacted by lower revenue...

ArcBest misses profit expectations, as soft rate environment weighed on revenue

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported second quarter 2024 revenue from continuing operations of $1.08 billion, compared to $1.10 billion in the second quarter of 2023. Second quarter 2024 operating income from continuing operations was $48.8 million, compared to $42.1 million in the prior year period, and net income from continuing operations was $46.9 million, or $1.96 per diluted share, compared to $39.6 million, or $1.6.

ArcBest Announces Second Quarter 2024 Results

ArcBest (ARCB) Earnings Expected to Grow: Should You Buy?

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced today that Seth Runser will become president of ArcBest and Matt Godfrey will become president of ABF Freight, effective August 1.

ABF Freight President Seth Runser Appointed President of ArcBest

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its second quarter 2024 financial results before the market opens on Friday, August 2, 2024. A conference call with company executives will be held that day at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 4743250. Following the call, a recorded playback will be available through the end of the day on August 15,.

ArcBest Announces Its Second Quarter 2024 Earnings Conference Call

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