ArcBest Corporation reports news about an integrated logistics business that connects shippers with transportation and supply chain services across ground, air and ocean freight. Its updates commonly discuss Asset-Based operations led by ABF Freight less-than-truckload services, and Asset-Light services such as expedite, intermodal, managed transportation, warehousing and distribution, and international freight.
Recurring ArcBest announcements cover quarterly and annual results, shipment and tonnage trends, pricing and revenue-per-shipment measures, Asset-Light profitability, capital allocation through dividends and share repurchases, board composition, sustainability reporting and ABF Freight operating recognition.
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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.