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ArcBest Corp - ARCB STOCK NEWS

Welcome to our dedicated news page for ArcBest (Ticker: ARCB), a resource for investors and traders seeking the latest updates and insights on ArcBest.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ArcBest's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ArcBest's position in the market.

Rhea-AI Summary
ArcBest (ARCB) to release Q1 2024 financial results on April 30, 2024, followed by a conference call for discussion. Interested parties can join the call or listen to the playback.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
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Rhea-AI Summary
ArcBest collaborates with NVIDIA to enhance AI capabilities for material-handling technology, aiming to revolutionize the supply chain industry. The partnership introduces the NVIDIA Isaac Perceptor platform to ArcBest's Vaux Smart Autonomy autonomous forklifts, enabling improved safety, efficiency, and flexibility in operations. This strategic move underscores ArcBest's commitment to innovation and customer-centric solutions in a rapidly evolving supply chain landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
none
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Rhea-AI Summary
ArcBest (ARCB) introduces Vaux Smart Autonomy, a groundbreaking technology that revolutionizes material handling processes in warehouses, distribution centers, and manufacturing facilities. The autonomous system combines AMR forklifts and reach trucks with intelligent software and remote teleoperation capabilities, allowing for flexible and efficient material handling. ArcBest's ongoing investments in technology and innovation drive profitable growth and customer success, positioning the company as a leader in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.52%
Tags
none
Rhea-AI Summary
ArcBest (ARCB) reported strong financial results for the fourth quarter and full year 2023, with net income of $48.8 million and $142.2 million respectively. The company also returned $103 million to shareholders in 2023 through share repurchases and quarterly cash dividends, and increased their share repurchase program authorization to $125 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.21%
Tags
-
Rhea-AI Summary
ArcBest (ARCB) has declared a quarterly cash dividend of $0.12 per share to holders of record of its Common Stock, payable on March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.09%
Tags
dividends
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Rhea-AI Summary
ArcBest (ARCB) to announce Q4 2023 financial results on February 6, 2024. Conference call and webcast details provided for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
Tags
Rhea-AI Summary
ArcBest (Nasdaq: ARCB) has been named to the 2024 FreightTech 25, ranking No. 20 among innovative companies in the transportation industry's tech landscape. The company's commitment to innovation and disruptive technology in the logistics sector is reflected in its investments in technology, including Generative AI and advanced freight handling technology, to enhance customer experiences and drive industry forward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
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none
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Rhea-AI Summary
ArcBest reports Q3 2023 revenue of $1.1 billion, down from $1.3 billion in Q3 2022. Operating income and net income also decreased compared to the prior-year period. The results were impacted by noncash lease impairment charges. However, the company saw increased revenue from new shipments added due to market disruption associated with a competitor's bankruptcy. ArcBest's Asset-Based business experienced a decline in revenue but saw growth in core shipments. The company's Asset-Light segment also saw a decrease in revenue and operating income. ArcBest has repurchased $85.5 million of common stock and paid $8.7 million in dividends to shareholders year-to-date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.22%
Tags
-
Rhea-AI Summary
ArcBest® (Nasdaq: ARCB) declares quarterly cash dividend of $0.12 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
Tags
dividends
Rhea-AI Summary
ArcBest will announce its Q3 2023 financial results on Oct 27. Conference call at 9:00 a.m. EDT. Webcast available on arcb.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
ArcBest Corp

Nasdaq:ARCB

ARCB Rankings

ARCB Stock Data

3.51B
23.18M
1.21%
101.88%
6.03%
General Freight Trucking, Local
Transportation and Warehousing
Link
US
Fort Smith

About ARCB

arcbest corporation solves complex logistics and transportation challenges. our companies and brands – abf freight, abf logistics, panther premium logistics, fleetnet america, u-pack and arcbest technologies – apply the skill and the will with every shipment and supply chain solution, household move or vehicle repair. arcbest finds a way.