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 (ARCB) delivers innovative logistics solutions through its dual asset-based and asset-light operations. This news hub provides investors and industry professionals with direct access to the company's official announcements and market developments.
Find curated updates on earnings reports, strategic partnerships, technology implementations, and operational milestones. Our coverage spans ArcBest's core services including freight management, expedited shipping solutions, and supply chain innovations that address modern logistics challenges.
Key updates include financial performance disclosures, leadership changes, service expansions, and industry recognitions. Each release is verified for accuracy to support informed analysis of ArcBest's position in the transportation sector.
Bookmark this page for streamlined tracking of ARCB's business evolution. Combine our news archive with real-time market data on Stock Titan to monitor how corporate developments align with financial performance.
The Board of Directors of ArcBest (Nasdaq: ARCB) has declared a quarterly cash dividend of $0.12 per share, payable to shareholders on May 24, 2023. This dividend will be distributed to stockholders of record as of May 10, 2023. ArcBest, founded in 1923, is a leading integrated logistics company with over 15,000 employees and nearly 250 service locations globally. This decision reflects the company's commitment to providing shareholder value while maintaining its position in the logistics sector.
ArcBest has appointed Matt Beasley as its new Chief Financial Officer and Treasurer, effective May 14, 2023. Beasley, who has been with ArcBest since early 2022, will replace David Cobb, who is retiring after a 17-year career but will remain on as a senior advisor. Beasley brings over 20 years of financial experience, having held key roles in treasury and financial planning. He was instrumental in renegotiating the company's revolving credit facility and the sale of FleetNet America. Beasley holds degrees in finance and an MBA from notable universities. ArcBest is a leading logistics company with a long history, committed to enhancing its growth strategy.