ArcBest’s Q1 update shows impact of dynamic pricing model
ArcBest’s first-quarter update bucks the less-than-truckload industry trend as tonnage increases and yields moderate.
ArcBest’s first-quarter update bucks the less-than-truckload industry trend as tonnage increases and yields moderate.
ArcBest said Wednesday it has launched freight movement technology, allowing the contents of an entire trailer to be unloaded at once.
ArcBest said Tuesday it has further simplified its business model by selling emergency roadside and maintenance services provider FleetNet America.
Los jefes de los Teamsters prometen “luchar como locos” contra los acuerdos de ABF y TForce
The Teamsters union promises a fight heading into contract renewals with less-than-truckload carriers.
Un analista afirma que la participación del 4% de TFI en ArcBest es el preludio de una oferta de adquisición
TFI’s chief downplayed any talk that goes beyond operational synergies, but analyst Jason Seidl said TFI wants to marry ArcBest.
ArcBest’s fourth-quarter was worse than expected as the carrier manages through the downside of the less-than-truckload cycle.
ArcBest announced CFO David Cobb will retire in October 2023.
Less-than-truckload tonnage declined at an accelerated pace through November.
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.
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.