Welcome to our dedicated page for Arcbest news (Ticker: ARCB), a resource for investors and traders seeking the latest updates and insights on Arcbest stock.
ArcBest Corporation reports news about an integrated logistics business that connects shippers with transportation and supply chain services across ground, air and ocean freight. Its updates commonly discuss Asset-Based operations led by ABF Freight less-than-truckload services, and Asset-Light services such as expedite, intermodal, managed transportation, warehousing and distribution, and international freight.
Recurring ArcBest announcements cover quarterly and annual results, shipment and tonnage trends, pricing and revenue-per-shipment measures, Asset-Light profitability, capital allocation through dividends and share repurchases, board composition, sustainability reporting and ABF Freight operating recognition.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for full-time road and city drivers at ABF Freight in the Indianapolis area on August 23 and 24, 2022. The company is offering $10,000 signing bonuses available on the first day of employment. The event will take place from 7 a.m. to 7 p.m. at 3522 Perry Blvd., Whitestown, IN. Candidates can expect assistance with applications, on-the-spot interviews, and potential job offers. ABF Freight, a leading less-than-truckload carrier with over 10,000 employees, provides competitive wages and comprehensive benefits.
ArcBest (Nasdaq: ARCB) announces a hiring event for its less-than-truckload carrier, ABF Freight, on August 17, 2022, in Brockton. The company is offering $10,000 signing bonuses for full-time city drivers, available from the first day of employment. Interested candidates can attend the event from 7 a.m. to 7 p.m. at 150 Manley St., West Bridgewater, MA, without an appointment. The event will include job application assistance, interviews, and potential on-the-spot job offers. ABF Freight emphasizes its commitment to employee growth and benefits.
ArcBest (Nasdaq: ARCB) reported record second-quarter 2022 results, achieving revenue of $1.4 billion, a 46.8% increase year-over-year. Net income surged to $102.5 million, or $4.00 per diluted share. The growth is attributed to strategic acquisitions, including MoLo Solutions, and strong demand across all operating segments. Operating income also rose to $137.3 million from $74.3 million in Q2 2021. The company emphasized its focus on technology and innovation to sustain growth and support its logistics leadership position.
ArcBest (Nasdaq: ARCB) announced a quarterly cash dividend of $0.12 per share, payable on August 24, 2022. Shareholders on record as of August 10, 2022 will be eligible for this dividend. The decision reflects the company's commitment to returning value to its shareholders amidst its robust logistics operations.
ArcBest has announced a hiring event for full-time city drivers at its ABF Freight carrier on July 26-27, 2022, in Brooklyn, NY. The company is offering a $15,000 signing bonus available from the first day of employment. The event runs from 7 a.m. to 7 p.m. at 414 Maspeth Ave, with no appointment needed. Candidates will receive assistance with applications, interviews, and potential job offers. ABF Freight is a leading less-than-truckload carrier in North America, employing over 10,000 people with extensive benefits.
ArcBest (Nasdaq: ARCB) is advancing its Environmental, Social, and Corporate Governance (ESG) priorities, as highlighted in its recent press release. The company has purchased all-electric trucks for testing in California and joined the U.S. DOT's initiative against human trafficking. ArcBest received its second EcoVadis Bronze medal for sustainability and was recognized as a 2022 Inbound Logistics Green Supply Chain Partner. These initiatives emphasize ArcBest's commitment to sustainability and innovative practices aimed at enhancing its service capabilities and overall market position.
ArcBest (Nasdaq: ARCB) announced a hiring event on July 19-20, 2022, in Dayton, Ohio, seeking full-time road drivers, driver development program participants, and forklift operators. Signing bonuses include $10,000 for full-time drivers, $5,000 for program participants, and $250 for part-time operators. The event will run from 7 a.m. to 7 p.m. at ABF Freight's service center, with no appointment necessary. Candidates can expect support with applications, interviews, and potential job offers. ABF Freight employs over 10,000 people and provides extensive benefits for employees.
ArcBest (Nasdaq: ARCB) will report its second quarter 2022 financial results on July 29, 2022, prior to market opening. A conference call with executives is scheduled for the same day at 9:30 a.m. EDT to discuss the results. Interested parties can join the call by dialing (800) 891-8357. A recording will be available until September 15, 2022, via (800) 633-8284. The call will also be webcast live on ArcBest's website, with replay options available until the same date.
ArcBest® (Nasdaq: ARCB) announced a two-day hiring event on July 6-7 in Sauk Village, Illinois, seeking full-time road and city drivers, forklift operators, shop technicians, and supervisors. The company offers signing bonuses up to $15,000 for road drivers and $10,000 for city drivers, available on the first day of employment. Candidates can receive assistance with applications, immediate interviews, and potential job offers. ABF Freight employs over 10,000 people and provides competitive benefits, including 100% company-paid health insurance and a pension plan.
ArcBest (Nasdaq: ARCB) announced a hiring event for full-time city drivers and driver development program participants on June 21 and 22 in Avenel, NJ. This event offers a $15,000 signing bonus for city drivers and a $5,000 bonus for development participants. Candidates can apply, interview, and potentially receive job offers on-site. ABF Freight operates across North America, employing over 10,000 people. It provides Teamster Union wages, comprehensive health insurance, and other benefits. For details, visit joinabf.com/hiring-event.