STOCK TITAN

Arcbest Corp - ARCB STOCK NEWS

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.

Company Overview

ArcBest Corp is an integrated logistics company that excels in solving complex transportation and supply chain challenges. With a dual business model composed of asset-based and asset-light operations, ArcBest applies technological innovation and strategic expertise to deliver a broad range of logistics services and solutions. The company is recognized for its capabilities in national, inter-regional, and regional transportation, utilizing standard, expedited, and guaranteed less-than-truckload services to meet diverse market demands. Its operations span everything from general freight movement to specialized segments like household moving, managed transportation, and comprehensive warehousing and distribution solutions.

Asset-Based Solutions

The asset-based segment forms the backbone of ArcBest's logistics operations. This segment is dedicated to transporting general commodities with a focus on reliability and speed. It includes services designed to accommodate varying customer needs, ranging from standard freight services to expedited shipments that require guaranteed delivery timelines. The company’s expertise in asset-based operations demonstrates a robust network capable of handling high volumes of freight while ensuring operational efficiency.

Asset-Light Operations

The asset-light segment showcases ArcBest's versatility by providing services that do not require extensive physical assets. This includes ground expedite, intermodal transportation, and international freight solutions encompassing air, ocean, and ground transport. By leveraging partnerships and technology, the asset-light approach offers flexibility and scalability, enabling ArcBest to cater to specialized shipping requirements, managed transportation, and even household moves. This dual approach not only enhances the company's market reach, but also strategically positions it to adapt to evolving logistics challenges.

Technological Integration

ArcBest incorporates state-of-the-art technology into its operations to streamline logistics processes and improve supply chain visibility. The integration of advanced logistics software and data analytics tools plays a critical role in optimizing route planning, tracking shipments in real-time, and managing supply chain complexities efficiently. Such technological advancements enable the company to maintain high service quality and operational transparency, which are vital in today's dynamic market environment.

Comprehensive Service Portfolio

The company’s service portfolio is both diverse and comprehensive. Through its various brands, including ABF Freight, ABF Logistics, Panther Premium Logistics, FleetNet America, U-Pack, and ArcBest Technologies, the organization is capable of addressing a wide array of logistics needs. This multi-brand strategy allows ArcBest to provide tailored solutions for businesses of different sizes and across different industries, thereby reinforcing its position within the competitive landscape of the transportation and logistics market.

Market Position and Competitive Edge

ArcBest's integrated service offerings and commitment to technological innovation set it apart from other players in the logistics industry. By balancing asset-heavy and asset-light operations, the company can efficiently manage a variety of shipping challenges, ensuring that each customer receives a solution that aligns with their specific supply chain requirements. This strategic positioning not only enables a robust operational framework but also fosters trust with customers who rely on consistent performance and expertise in logistics management.

Industry-Specific Insights

The logistics and transportation sector is inherently complex, with challenges such as fluctuating demand, regulatory constraints, and operational risks. ArcBest maintains a clear focus on mitigating these challenges by offering a blend of reliable transportation services and innovative management solutions. The use of industry-specific terminology and detailed explanations throughout the description underscores the company’s deep expertise and understanding of supply chain dynamics, making this overview a comprehensive resource for investors and industry watchers alike.

Conclusion

Through its integrated logistics model, advanced technological integration, and dual operational approach, ArcBest Corp continues to offer reliable, diversified, and efficient solutions to address the evolving needs of the transportation and supply chain industry. This extensive overview reflects the company’s operational depth and strategic positioning, providing readers with a clear understanding of its business model, market significance, and industry expertise.

Rhea-AI Summary

ArcBest (Nasdaq: ARCB) announced a quarterly cash dividend of $0.08 per share, payable to shareholders of record on November 13, 2020, with payment on November 27, 2020. This decision reflects the company's commitment to returning value to its shareholders, aligning with its growth strategy in the logistics sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
dividends
-
Rhea-AI Summary

ArcBest (Nasdaq: ARCB) announced that Erin Gattis, the company's Chief Human Resources Officer, received the 2020 C-Suite Award from the Northwest Arkansas Business Journal. Gattis has been recognized for her contributions in enhancing employee experience, leadership development, and succession planning at ArcBest. The award highlights the critical role of executives in driving innovation and success within the local business community. Gattis oversees various corporate functions and is active in community service, reflecting her commitment to fostering a positive workplace culture.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
none
-
Rhea-AI Summary

ArcBest (Nasdaq: ARCB) will announce its third quarter 2020 financial results on November 3, 2020, prior to market opening. A conference call is scheduled for 9:30 a.m. ET to discuss these results, accessible by calling (800) 268–2160. A recorded playback will be available until December 15, 2020, using the number (800) 633-8284. Interested parties can also access a live webcast of the call on ArcBest's website. For more information about the company, visit arcb.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.15%
Tags
none
-
Rhea-AI Summary

FleetNet America, an ArcBest company (Nasdaq: ARCB), has achieved a significant milestone by completing its 100,000th electronic dispatch via the sureEcosystem platform on Sept. 10, 2020. This platform enhances communication between service providers and FleetNet, allowing real-time updates and efficient data sharing, thus improving customer experience. Vice President Don Doty emphasized the platform's benefits, including greater visibility into equipment status and enhanced communication tools for service providers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
none
-
Rhea-AI Summary

On September 1, 2020, ArcBest (Nasdaq: ARCB) announced key organizational changes to enhance its supply chain logistics services. Dennis Anderson has been promoted to chief customer officer, overseeing sales, marketing, and customer service. Meanwhile, Danny Loe will become president of asset-light logistics while continuing his role as chief yield officer. The company aims to grow its asset-light business to 50% of overall revenues, addressing customer needs with a focus on yield management and operational efficiency. CEO Judy R. McReynolds emphasized the importance of these changes for delivering superior customer service.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
none
Rhea-AI Summary

ArcBest (Nasdaq: ARCB) has been recognized as one of the 100 Great Supply Chain Partners for the fifth consecutive year, according to SupplyChainBrain. This accolade stems from a poll conducted among supply chain professionals, acknowledging companies that enhance efficiency and customer service. ArcBest’s less-than-truckload carrier, ABF Freight, has also received similar recognition in previous years. Judy R. McReynolds, the company’s CEO, expressed pride in this acknowledgment, emphasizing their commitment to excellence in supply chain solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.05%
Tags
none
-
Rhea-AI Summary

ArcBest (Nasdaq: ARCB) has announced the selection of 15 professional drivers for its 2020-2021 ABF Freight Road Team. These drivers, chosen based on their exemplary records and a minimum of 10 years of experience, will serve as ambassadors for the company and the trucking industry at large. The ABF Road Team was established in 1990 and aims to promote driving safety and the image of truck drivers. Tim Thorne, president of ABF Freight, praised the selected drivers for their professionalism and commitment to safety.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

ArcBest (Nasdaq: ARCB), based in Fort Smith, Arkansas, has received five 2020 Quest for Quality Awards, affirming its leadership in supply chain logistics. Recognized for excellence in categories like National LTL Carrier and Truckload Expedited Motor Carrier, ABF Freight has now secured these awards multiple times over the years. The awards, determined by over 4,500 logistics decision-makers, highlight ArcBest's commitment to customer satisfaction across various services including U-Pack and Panther Premium Logistics. This recognition underlines the company's continuous efforts to provide high-quality service.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
Tags
none

FAQ

What is the current stock price of Arcbest (ARCB)?

The current stock price of Arcbest (ARCB) is $72.83 as of April 2, 2025.

What is the market cap of Arcbest (ARCB)?

The market cap of Arcbest (ARCB) is approximately 1.6B.

What are the primary operating segments of ArcBest Corp?

ArcBest Corp operates through two main segments: the asset-based segment, handling traditional freight transportation, and the asset-light segment, which focuses on services like expedited ground shipments, intermodal, and international freight.

How does ArcBest differentiate between its asset-based and asset-light services?

The asset-based services rely on owned transportation assets for general freight movement, while the asset-light offerings leverage technology and partnerships to provide flexible expedited and specialized shipping services.

What types of logistics solutions does ArcBest offer?

ArcBest provides a comprehensive suite of logistics solutions including standard, expedited, and guaranteed freight services, managed transportation, household moves, and even specialized intermodal and international shipping options.

How does technology play a role in ArcBest's operations?

Advanced logistics software, real-time tracking systems, and data analytics tools are integral to ArcBest's operations, optimizing route planning and ensuring transparency and efficiency across its service offerings.

Who are the typical clients of ArcBest Corp?

ArcBest serves a diverse customer base ranging from businesses requiring large-scale freight transportation to individuals and organizations needing specialized moving or expedited shipping solutions.

What benefits do customers gain from ArcBest's integrated logistics model?

Customers benefit from a unified service approach that combines both traditional and innovative logistics solutions, ensuring reliable transportation, efficient supply chain management, and tailored shipping options.

How does ArcBest maintain its market position in the competitive logistics industry?

By balancing asset-based and asset-light operations and continuously integrating advanced technologies, ArcBest maintains efficient, scalable operations that meet diverse and evolving industry demands.

What are the key industry challenges addressed by ArcBest?

ArcBest tackles challenges such as complex supply chain management, fluctuating transportation demand, and operational risks through a comprehensive service portfolio and integrated technological solutions.
Arcbest Corp

Nasdaq:ARCB

ARCB Rankings

ARCB Stock Data

1.62B
22.77M
1.09%
103.79%
6.4%
Trucking
Trucking (no Local)
Link
United States
FORT SMITH