ArcBest Corporation is a logistics and transportation company that specializes in providing integrated supply chain solutions
It offers a comprehensive range of services including freight transportation, logistics management, and supply chain consulting. With a robust network of transportation options, ArcBest caters to various industries by optimizing shipping efficiency and reducing costs. The company emphasizes technology and innovation to enhance its operational capabilities, ensuring timely and reliable delivery of goods across North America. Through its diverse services, ArcBest aims to meet the complex needs of its customers in an ever-evolving market landscape.
Freight Delivery Company ArcBest (NASDAQARCB) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 8.1% year on year to $1.00 billion. Its non-GAAP profit of $1.33 per share was 26.6% above analysts’ consensus estimates.
ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2024 revenue of $1.0 billion, compared to $1.1 billion in fourth quarter 2023. Net income was $29.0 million, or $1.24 per diluted share, compared to $48.8 million, or $2.01 per diluted share in the prior year. On a non-GAAP basis, fourth quarter 2024 net income was $31.2 million, or $1.33 per diluted share, compared to $60.0 million, or $2.47 per diluted share in the prior year.
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 February 11, 2025, payable on February 25, 2025.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with ArcBest (NASDAQARCB).
ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced leadership and organizational updates to advance the Company’s strategic priorities and drive sustainable, long-term growth. The updates are effective February 1, 2025.
ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2024 financial results before the market opens on Friday, January 31, 2025. A conference call with company executives will be held that day at 9:30 a.m. EST (8:30 a.m. CST) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 7688695.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with Hertz (NASDAQHTZ).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with Knight-Swift Transportation (NYSEKNX).
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Old Dominion Freight Line (NASDAQODFL) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Universal Logistics (NASDAQULH) and the best and worst performers in the ground transportation industry.
ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that it has been named to Fast Company’s annual Next Big Things in Tech list. Now in its fourth year, the influential list honors emerging technology spanning a variety of industries for their profound impact on consumers, businesses and society in general.
Freight Delivery Company ArcBest (NASDAQARCB) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 5.8% year on year to $1.06 billion. Its non-GAAP profit of $1.64 per share was 11.4% below analysts’ consensus estimates.
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, third quarter 2024 net income was $38.8 million, or $1.64 per diluted share, compared to $56.7 million, or $2.31 per diluted share in the prior year.
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.
ArcBest® (Nasdaq: ARCB), an integrated logistics company, today announced that its household goods moving service U-Pack® has partnered with Affirm to offer financing options for long-distance moves. This collaboration allows customers who apply and qualify to book a move now and pay on a payment plan later. U-Pack joins Affirm’s network of 292,000 retail partners.
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.
