ArcBest
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Driver issues
Legal challenges to HOS revisions likely, regulations expert predicts
Safety, labor advocates register early opposition to rule changes.
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Company earnings
ArcBest posts flat-to-down results in main units; LTL slowdown, loose truckload capacity weigh
ArcBest posted flat to down second quarter results as a weak LTL macro environment and too much truckload capacity hit its two main units.
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Less than Truckload
Less-than-truckload carriers are left out of the weak volume conversation
A great deal of focus has been placed on the seasonal weakness in TL volumes, but LTL volume weakness is equaling concerning.
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Trucking
In raising the outlook on three stocks, Cowen declares: freight market isn’t dead
The three stocks get an upgrade not just on Cowen's optimistic view of the market, but by how much their prices have been hit.
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News
ArcBest first quarter results come in below analysts estimates
Weak demand on the asset light side weighs down results.
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Logistics
ArcBest CEO named Women in Trucking’s Distinguished Woman in Logistics
Women In Trucking Association (WIT) named Judy R. McReynolds, chairman, president and chief executive officer of ArcBest, the winner of the fifth annual Women In…
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Less than Truckload
ArcBest’s CEO targets non-LTL services for half its revenue, up from 31 percent
Shippers are buying far more than LTL these days, McReynolds says.
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Company earnings
ArcBest’s LTL metrics are solid for the quarter; $3 billion revenue for the year
The company laid out its strategy in an SEC filing in the third quarter, and the fact that it is succeeding was evident in the…
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Canada
Today’s Pickup: Port of Los Angeles delay ‘worse than it was earlier this year,’ shipper says
Even the Port’s director agrees something needs to be done; East Coast port notches new record; ATA crows about California victory.
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Company earnings
ArcBest stock jumps 15% on beat and positive guidance
ArcBest posted excellent operating results for the third quarter, but executives failed to clarify the company’s pension liabilities, which were the subject of a controversial…
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