ArcBest Posts Net Income of $24.4 Million in 2Q; Net Revenue Dips
ArcBest reported second-quarter income of $24.4 million, or 92 cents per share, compared with $1.2 million, or 5 cents a share, in the same period last year, when the company took an after-tax charge for pension costs.
ArcBest Reports Historic Second-Quarter Revenue
ArcBest Corp. reported second-quarter 2018 revenue of $793.4 million compared with second-quarter 2017 revenue of $720.4 million.
ArcBest Reports Improved First-Quarter Earnings
For-hire carrier ArcBest Corp. reported May 10 first-quarter net income of $9.9 million, or 37 cents per share, compared with a net loss of $7.4 million, or 29 cents, in the same period of 2017.
May 10, 2018LTLs ArcBest, Saia Echo Old Dominion’s Strong Second-Quarter Results
ArcBest Corp. and Saia Inc. followed Old Dominion Freight Line Inc. in producing impressive second-quarter results among less-than-truckload fleets.
ArcBest to Augment NFMC Classification System With Dimensional-Based Pricing
ArcBest, the Arkansas-based less-than-truckload carrier, said it is joining the latest freight shipping trend by adding space-based minimum charges as an option for freight shipments beginning Aug. 1.