Find the latest supply chain and logistics news regarding ArcBest. ArcBest Corporation is an American holding company for truckload and less-than-truckload freight, freight brokerage, household good moving, and transportation management companies. Historically, the company also owned furniture, banking, and other diverse subsidiaries. Visit their website: www.arcb.com
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
The ABF subsidiary ArcBest began hiring days last year to help aid in recruitment; FreightWaves was invited to one.
More signs of slowing in the less-than-truckload industry appeared Thursday when ArcBest provided a third-quarter update.
ArcBest reported better-than-expected results again during the second quarter.
Battling for loads in the declining spot market is exhausting for drivers who lack relationships and connectedness to customers.
A couple of less-than-truckload carriers reported positive demand trends for the first two months of the second quarter.
“As a $4 billion industry leader, we have a great responsibility to pursue activities and initiatives that improve the sustainability of our operations, provide an inclusive workplace for all and give back to the communities where we operate.”
Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.
ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.
FreightWaves’ Mary O’Connell and ArcBest’s Steven Leonard sit down to cover all things LTL and how to avoid unnecessary charges
ArcBest reported Friday that the favorable revenue trends logged in the fourth quarter have continued through the first two months of the first quarter.
ArcBest raised long-term expectations Tuesday in conjunction with its fourth-quarter results, which were better than expected. The company now eyes doubling its size by 2025.
ArcBest on Tuesday reported fourth-quarter results, which once again outpaced analysts’ expectations.
Leading Phantom Auto’s series B funding round nets seat on board
ArcBest announced a $25 million investment in a software company that provides remote operation of forklifts and trucks.
ArcBest reported record quarterly results on Tuesday, and management sees the possibility of incremental improvement moving forward.
ArcBest posted record quarterly results for the third time this year on Tuesday. Each of its segments reported double-digit top-line growth.
ArcBest announced Monday that it has closed on the previously announced acquisition of Chicago-based truckload brokerage MoLo Solutions.
ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.
ArcBest announced after the close Wednesday it has entered into an agreement to acquire Chicago-based truckload broker MoLo.
ArcBest said Wednesday an August tonnage decline in its asset-based segment was done intentionally so that it could better service its core less-than-truckload customers.
The company’s earnings per share tripled the prior-year results due to strong demand, favorable comparisons with 2020’s second quarter.
Danny Loe makes a return appearance on Point of Sale with Andrew Cox to talk about the current freight market.
ArcBest points to the current “robust demand” environment as supportive of raising equipment spending in 2022.
Logistics provider ArcBest Corp. posted first-quarter results well ahead of analysts’ expectations Tuesday.
Logistics provider ArcBest Corp. reported that the positive trends in its asset-based segment during January were derailed by poor weather in February. Overall, less-than-truckload fundamentals “remain generally positive,” according to one analyst.
Dooner and The Dude learn how ArcBest has adapted during the pandemic to help deliver supplies in this session of FreightWaves’ Health & Pharma Supply Chain Summit.
Logistics provider ArcBest sees positive tonnage trends continue in the first quarter. The less-than-truckload carrier is attempting to break the historical margin decline seen from the fourth quarter to the first.
Logistics provider ArcBest reported better-than-expected results for the fourth quarter Tuesday. Less-than-truckload tonnage increased by double-digit percentages as weight per shipment jumped 10%.
