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 operates across multiple logistics markets—less-than-truckload freight, expedited shipping, fleet maintenance, and consumer moving—generating news from each business segment. This page consolidates announcements affecting the company's market position, operational performance, and strategic initiatives.
Earnings reports provide detailed segment breakdowns showing which divisions perform well and which face headwinds. Unlike single-service carriers, ArcBest's diversified model means performance varies across business units based on industrial production, retail activity, and consumer behavior. Quarterly announcements reveal tonnage trends, pricing dynamics, and operating ratios that indicate efficiency improvements or margin compression.
The transportation industry undergoes constant regulatory changes affecting hours-of-service rules, emission standards, and safety requirements. News coverage tracks how these regulations impact fleet composition decisions, driver availability, and compliance costs. Updates on fuel prices and hedging strategies show how the company manages volatile diesel expenses that directly affect profitability.
Technology investments increasingly differentiate logistics companies as customers demand real-time tracking, automated documentation, and integrated supply chain visibility. Development announcements related to proprietary platforms, customer-facing tools, and operational software reveal competitive positioning in an industry where technology adoption separates market leaders from laggards.
Contract awards, terminal expansions, and service launches indicate geographic expansion and capability additions. For a company operating distinct brands targeting different market segments, strategic decisions about capital allocation between LTL networks, expedited services, and asset-light logistics signal management priorities and growth strategies.
Leadership appointments and organizational changes affect operational direction, particularly when executives bring experience from specific industry segments. Board composition, succession planning, and management restructuring announcements provide context about strategic focus and institutional knowledge retention.
ArcBest (Nasdaq: ARCB) has declared a quarterly cash dividend of $0.08 per share for its Common Stock. Holders of record will receive this payment on February 25, 2022, with the record date set for February 11, 2022. This decision reflects the company’s commitment to returning value to its shareholders. ArcBest is a leading integrated logistics company, operational since 1923, employing over 14,000 individuals across more than 250 service locations worldwide.
ArcBest® (Nasdaq: ARCB) has announced a two-day hiring event for ABF Freight® in Kent, Washington on January 27-28, 2022. The company seeks full- and part-time Class A CDL city drivers, offering signing bonuses of $10,000 for full-time positions and $5,000 for its Driver Development Program. Interested candidates can attend the event from 7 a.m. to 7 p.m. at 7226 South 262 St., Kent, WA, with no appointment necessary. ABF Freight provides competitive wages, comprehensive health benefits, and a supportive work environment.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for its less-than-truckload carrier, ABF Freight, on January 24-25, 2022, in Portland, Oregon. The company seeks full- and part-time Class A CDL city drivers, road drivers, and forklift operators. Signing bonuses are available: $10,000 for full-time drivers and $5,000 for the Driver Development Program. The event will be held from 7 a.m. to 7 p.m. at 3333 NW 35th Ave, Portland. Candidates can apply on-site, with potential job offers made that day. ABF is one of the nation's largest less-than-truckload carriers, employing over 10,000 people.
Phantom Auto has secured a strategic investment of $42M from ArcBest (NASDAQ: ARCB) and NFI, alongside other investors. This funding aims to address the critical labor shortages in the logistics sector, enabling the deployment of thousands of remote-operated forklifts. The company is rapidly expanding its workforce and technology capabilities to meet increasing demand. Phantom's collaboration with ArcBest leverages technology to enhance logistics operations, attracting a diverse talent pool while enhancing productivity and safety in the supply chain.
ArcBest (Nasdaq: ARCB) has announced a strategic investment of $25 million in Phantom Auto, a provider of remote operation software, positioning itself as the lead investor in Phantom Auto's Series B offering. This move aligns with ArcBest's commitment to technological innovation, as the company invests approximately 4% of its annual revenue in such initiatives. Chief Innovation Officer Michael Newcity will join Phantom's Board of Directors, enhancing collaboration. This investment supports ArcBest’s growth and aims to address challenges within the supply chain industry, reinforcing its innovative culture.
ArcBest (Nasdaq: ARCB) is hosting a hiring event on January 18-19, 2022, in Whitestown, Indiana, aiming to recruit full- and part-time Class A CDL drivers and forklift operators. Candidates can earn signing bonuses up to $7,500 for full-time positions. The event runs from 7 a.m. to 7 p.m. and does not require prior appointments. Interested individuals will receive application assistance, direct interviews, and possible job offers on-site. ABF Freight emphasizes a people-centered culture, offering competitive benefits, including health insurance and a pension plan.
ArcBest, under the ticker ARCB, announces a two-day hiring event for ABF Freight in Belmont, North Carolina on January 18-19, 2022. The company seeks full- and part-time Class A CDL city drivers and part-time forklift operators, offering signing bonuses of $5,000 for full-time drivers, $1,000 for part-time drivers, and $500 for forklift operators. The event runs from 7 a.m. to 7 p.m. at 325 Peach Orchard Rd. Candidates can expect on-the-spot interviews and job offers. ABF Freight is among the top less-than-truckload carriers in the U.S., employing over 10,000 people.
ArcBest (Nasdaq: ARCB) is set to announce its fourth quarter 2021 financial results on February 1, 2022, before market opening. A conference call will occur at 9:30 a.m. EST for discussion of the results. Interested listeners can join the call by dialing (800) 954-0652. A recorded playback will be available until March 15, 2022. The call and its replay can also be accessed via ArcBest's website.
ArcBest (Nasdaq: ARCB) announces a hiring event for its ABF Freight service on January 13 in Houston, Texas. The event will run from 7 a.m. to 7 p.m. at 5880 Kelley St., where potential candidates can apply for full-time and part-time Class A CDL city driver positions. ABF Freight is offering a $2,500 signing bonus for full-time hires. The company emphasizes the importance of recruiting top talent to continue delivering excellent service, boasting over 10,000 employees nationwide.
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