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ArcBest Corporation - $ARCB STOCK NEWS

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

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 Corporation'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 Corporation's position in the market.

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%
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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%
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dividends
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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%
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Rhea-AI Summary
ArcBest is hosting a free concert to celebrate their 100th year in business and the Symphony's 100th season.
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Rhea-AI Sentiment
End-of-Day
-1.28%
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conferences
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Rhea-AI Summary
ArcBest named to Forbes 'America's Best-in-State Employers 2023' list for the fourth consecutive year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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none
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Rhea-AI Summary
ArcBest (ARCB) Reports Q2 2023 Net Income of $40.4M, Revenue Decreases to $1.1B. Focuses on Efficient Operations and Asset-Light Segment. Positioned to Meet Customer Needs in Changing Market
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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Rhea-AI Summary
ArcBest® (ARCB) Declares Quarterly Cash Dividend of $0.12 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.49%
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dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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Rhea-AI Summary
ABF Freight, an ArcBest company, announces the ratification of the new five-year ABF National Master Freight Agreement. The implementation of the agreement will begin on July 16, 2023, following the ratification of the remaining two supplemental agreements. The agreement includes wage increases retroactive to July 1, 2023, and health and welfare contribution provisions effective from August 1, 2023.
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Rhea-AI Summary
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ArcBest Corporation

Nasdaq:ARCB

ARCB Rankings

ARCB Stock Data

2.77B
23.18M
1.21%
101.88%
6.03%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States of America
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.