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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.

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.

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ArcBest's LTL carrier, ABF Freight, has won the Excellence in Security award from the ATA for a record tenth time, setting industry standards for trucking security. This award recognizes ABF's commitment to protecting employees, property, trucks, and cargo with advanced technology and specialized roles in security. The company's ongoing strategic investments in security initiatives demonstrate their dedication to continuous improvement and innovation.

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ArcBest (ARCB) has announced a quarterly cash dividend of $0.12 per share for its Common Stock. The dividend will be payable to shareholders on May 24, 2024.

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ArcBest (ARCB) to release Q1 2024 financial results on April 30, 2024, followed by a conference call for discussion. Interested parties can join the call or listen to the playback.
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ArcBest collaborates with NVIDIA to enhance AI capabilities for material-handling technology, aiming to revolutionize the supply chain industry. The partnership introduces the NVIDIA Isaac Perceptor platform to ArcBest's Vaux Smart Autonomy autonomous forklifts, enabling improved safety, efficiency, and flexibility in operations. This strategic move underscores ArcBest's commitment to innovation and customer-centric solutions in a rapidly evolving supply chain landscape.
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ArcBest (ARCB) introduces Vaux Smart Autonomy, a groundbreaking technology that revolutionizes material handling processes in warehouses, distribution centers, and manufacturing facilities. The autonomous system combines AMR forklifts and reach trucks with intelligent software and remote teleoperation capabilities, allowing for flexible and efficient material handling. ArcBest's ongoing investments in technology and innovation drive profitable growth and customer success, positioning the company as a leader in the industry.
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ArcBest (ARCB) reported strong financial results for the fourth quarter and full year 2023, with net income of $48.8 million and $142.2 million respectively. The company also returned $103 million to shareholders in 2023 through share repurchases and quarterly cash dividends, and increased their share repurchase program authorization to $125 million.
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ArcBest (ARCB) has declared a quarterly cash dividend of $0.12 per share to holders of record of its Common Stock, payable on March 1, 2024.
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ArcBest (ARCB) to announce Q4 2023 financial results on February 6, 2024. Conference call and webcast details provided for interested parties.
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ArcBest (Nasdaq: ARCB) has been named to the 2024 FreightTech 25, ranking No. 20 among innovative companies in the transportation industry's tech landscape. The company's commitment to innovation and disruptive technology in the logistics sector is reflected in its investments in technology, including Generative AI and advanced freight handling technology, to enhance customer experiences and drive industry forward.
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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.
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Arcbest Corp

Nasdaq:ARCB

ARCB Rankings

ARCB Stock Data

1.50B
22.77M
1.09%
103.79%
6.4%
Trucking
Trucking (no Local)
Link
United States
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