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 (Nasdaq: ARCB) is a multibillion-dollar, integrated logistics company, and the ARCB news feed on Stock Titan focuses on the company’s ongoing financial and strategic developments. ArcBest regularly issues press releases announcing quarterly results, earnings conference calls, investor events and capital allocation decisions, providing investors with detailed insight into its Asset-Based and Asset-Light operations.
News about ArcBest frequently covers its quarterly earnings for the Asset-Based segment, which includes national, inter-regional and regional less-than-truckload services, and the Asset-Light segment, which encompasses ground expedite, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean and ground. These releases often highlight shipment and tonnage trends, revenue per shipment, operating ratios and non-GAAP performance measures.
Investors following ARCB news will also see updates on ArcBest’s strategic direction, such as investor day presentations that outline long-term financial targets, growth pillars and technology initiatives. The company’s announcements describe its use of AI-powered pricing tools, digital platforms like ArcBest View™, and material handling technology such as Vaux™, as well as network and fleet optimization projects.
Additional news items include board and leadership changes, share repurchase authorizations, quarterly cash dividends and amendments to credit facilities, all of which are disclosed through press releases and corresponding Form 8-K filings. For anyone tracking ArcBest stock, this news page aggregates these updates so readers can review the company’s latest disclosures, operating commentary and strategic communications in one place.
ArcBest (Nasdaq: ARCB) announced a hiring event hosted by its less-than-truckload carrier, ABF Freight, on September 22-23, 2021 in Avenel, New Jersey. The company seeks candidates for various driving and dock positions, offering signing bonuses of $15,000 for new city and road drivers. Candidates can expect assistance with applications, interviews, and potential job offers on-site. The event runs from 7 a.m. to 7 p.m. at 21 Englehard Ave. ABF Freight, part of ArcBest, has been in operation since 1923 and employs over 10,000 individuals nationwide.
ArcBest (Nasdaq: ARCB) announced its less-than-truckload carrier, ABF Freight, will hold a hiring event in Atlanta, Georgia, on September 8-9, 2021. The company seeks candidates for various positions, including city drivers, dockworkers, and shop technicians. ABF Freight offers signing bonuses of up to $7,500 for Class A CDL drivers and $5,000 for shop technicians. The event runs from 7 a.m. to 7 p.m. at 1165 Wilburn Rd, Conley, GA, with no appointment necessary. ABF Freight emphasizes its commitment to a strong workforce as it prepares for future growth.
ArcBest (Nasdaq: ARCB) announces a hiring event for its less-than-truckload carrier, ABF Freight, on August 24-25 in South Chicago, Illinois. The company looks to fill positions for road drivers, city drivers, dock workers, and shop technicians, with signing bonuses of up to $10,000 for drivers. The event will take place from 7 a.m. to 7 p.m. at 1900 Lincoln Highway, Sauk Village, IL, offering job application assistance, interviews, and potential job offers. ABF Freight emphasizes its commitment to hiring top talent to support business growth, backed by strong employee benefits.
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ArcBest (Nasdaq: ARCB) is hosting a two-day hiring event for ABF Freight in Dayton, Ohio, on August 17-18. The company seeks candidates for road drivers, city drivers, and dock workers/forklift operators. Signing bonuses of up to $10,000 are available for new hires. The event runs from 7 a.m. to 7 p.m. at 8051 Center Point 70 Blvd. Candidates can expect application assistance, interviews, and potential job offers on-site. ABF Freight offers comprehensive benefits including medical coverage and a pension plan.
ArcBest (Nasdaq: ARCB) reported impressive second quarter 2021 results, posting revenues of $949.0 million, a 51.2% increase from $627.4 million in Q2 2020. Operating income surged to $74.3 million and net income reached $61.0 million or $2.27 per diluted share, compared to $15.9 million and $0.61 per diluted share in the prior year. The Asset-Based segment contributed $652.8 million in revenue, driven by a 41.9% daily increase in revenue, while the Asset-Light segment generated $330.3 million, reflecting a 66.9% increase.
ArcBest (Nasdaq: ARCB) has announced a quarterly cash dividend of $0.08 per share, rewarding shareholders with a payment on August 25, 2021. This dividend is aimed at investors holding shares as of the record date of August 11, 2021. As a leading logistics company, ArcBest continues to demonstrate its commitment to returning value to its shareholders while meeting supply chain challenges with innovative solutions.
ArcBest® (Nasdaq: ARCB) will host a two-day hiring event for ABF Freight® on July 14-15 in Seattle, Washington. The company seeks candidates for road drivers, city drivers, and dock workers/forklift operators, offering signing bonuses of up to $10,000. The event runs from 7 a.m. to 7 p.m. at 7226 S. 262 Street in Kent, WA, with no appointment needed. Applicants can expect assistance with applications, interviews, and potential job offers. ABF Freight provides comprehensive benefits, including medical coverage and a pension plan.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for its less-than-truckload carrier, ABF Freight®, on July 12-13 in Portland, Oregon. The company seeks road drivers, city drivers, and dock workers/forklift operators, offering signing bonuses of up to $10,000 upon hiring. The event will run from 7 a.m. to 7 p.m. at 3333 NW 35th Avenue, and no appointment is necessary. ABF Freight provides comprehensive benefits, including medical, dental, and pension plans. With nearly a century in business, ABF emphasizes a values-driven culture and commitment to customer service.
ArcBest (Nasdaq: ARCB) will announce its second quarter 2021 financial results on August 2, 2021, before the market opens. A conference call with executives is scheduled for 9:30 a.m. EDT the same day, allowing stakeholders to discuss the results. Interested participants can join the call by dialing (800) 926-9871. A recorded playback will be available until September 15, 2021, via (800) 633-8284. The call will also be webcast live on ArcBest's website, offering transparency for investors.