Transportation stocks have been under duress of late. The Dow Jones Transportation Index is up 5% in the past six months, lagging the S&P 500's 18% gain.
ArcBest Corporation (NASDAQ:ARCB ) Q1 2024 Earnings Conference Call April 30, 2024 9:30 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CFO Seth Runser - President-ABF Freight Conference Call Participants Ravi Shanker - Morgan Stanley Jason Seidl - TD Cowen Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Merrill Lynch Da...
ArcBest failed to match analyst expectations for the quarter. The company is seeing some pricing improvements, but investors might have to wait for demand to return.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported first quarter 2024 revenue from continuing operations of $1.0 billion, compared to $1.1 billion in the first quarter of 2023. First quarter 2024 operating income from continuing operations was $22.4 million, compared to $21.2 million in the prior year period, and net loss from continui...
FORT SMITH, Ark.--(BUSINESS WIRE)--LTL carrier ABF Freight has won the 2023 ATA Excellence in Security award, demonstrating the company's position as an industry leader.
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 May 10, 2024, payable on May 24, 2024. ABOUT ARCBEST ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving...
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