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.

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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 LTL carrier offering hiring bonuses for multiple positions FORT SMITH, Ark. , Nov. 22, 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 Dayton on November 29 and 30, seeking full-time road drivers and dock workers, part-time dock workers and participants for the company's Road Driver Development Program.

ABF Freight to Host Dayton-Area Hiring Event

ArcBest posted mixed third quarter results, with cost pressures canceling out some of the benefits of better revenue. Freight demand is slowing and ArcBest is likely to see softer volumes and pricing in 2023, leading to weaker revenue and operating leverage.

Even Considering A Worse-Than-Consensus Downturn, ArcBest Seems Too Cheap

ArcBest LTL carrier offering hiring bonuses for full-time city drivers  FORT SMITH, Ark. , Nov. 7, 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 Avenel on November 15 and 16, seeking full-time city drivers.

ABF Freight to Host Avenel-Area Hiring Event

ArcBest Corporation (NASDAQ:ARCB ) Q3 2022 Earnings Conference Call November 1, 2022 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-Asset-light Logistics & Chief Yield Officer Dennis Anderson – Chief Customer Officer Conference Call Participants Chris Wetherbee – Citigroup Jordan Alliger – Goldman Sachs Jack Atkins – Stephens Incorporated Jason Seidl – Cowen Ken Hoexter – BofA Todd Fowler – KeyBanc Capital Markets Scott Group – Wolfe Research Ari Rosa – Credit Suisse Jeff Kauffman – Vertical Research Partners Operator Greetings and welcome to the ArcBest Third Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

ArcBest Corporation (ARCB) Q3 2022 Earnings Call Transcript

ArcBest (ARCB) delivered earnings and revenue surprises of 1.33% and 0.32%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

ArcBest (ARCB) Q3 Earnings and Revenues Surpass Estimates

Delivers Double-Digit Percentage Revenue Growth In Each Operating Segment; On Track To Deliver Record Annual Revenues in 2022 Third quarter 2022 revenue of $1.4 billion increased 33.0 percent over third quarter 2021. Net income improved to $88.8 million, or $3.50 per diluted share.

ArcBest Announces Solid Third Quarter 2022 Results

Improved freight market conditions should aid ArcBest's (ARCB) Q322 performance.

What's in the Offing for ArcBest (ARCB) in Q3 Earnings?

ArcBest LTL carrier offering hiring bonuses for multiple positions FORT SMITH, Ark. , Oct. 25, 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 Chicago on November 1 and 2, seeking candidates for full-time road and city drivers, shop technicians, part-time dock workers, full-time clerks, and participants for the company's Road Driver Development Program.

ABF Freight to Host Chicago-Area Hiring Event

Supply chain leader is organization's first full-scale hiring program partner in the logistics industry FORT SMITH, Ark. , Oct. 20, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced a new partnership with Integrate Autism Employment Advisors — a non-profit organization that collaborates with companies to identify, recruit and retain professionals on the autism spectrum — to foster a neuroinclusive workforce and continue attracting the best talent with unique skill sets.

ArcBest Partners with Integrate to Advance Neurodiversity in its Workforce

ArcBest LTL carrier offering hiring bonuses for multiple positions FORT SMITH, Ark. , Oct. 18, 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 Salt Lake City on October 25 and 26, seeking candidates for full-time road drivers, city drivers, dock to driver trainees and dock workers, and part-time dock workers.

ABF Freight to Host Salt Lake City-Area Hiring Event

ArcBest (ARCB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why ArcBest (ARCB) Could Beat Earnings Estimates Again

ArcBest LTL carrier offering hiring bonuses for full-time road and city drivers, full-time dock to driver trainees and full-time dock workers FORT SMITH, Ark. , Oct. 5, 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 Denver on October 12 and 13, seeking candidates for full-time road and city drivers, full-time dock to driver trainees and full-time dock workers.

ABF Freight to Host Denver-Area Hiring Event

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.

News for ArcBest Stock (ARCB)