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ArcBest Corp (ARCB.OQ)

ARCB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

ArcBest Says Unit Reached Tentative Agreement With Teamster Bargaining Representatives
Thursday, 12 Jul 2018 

July 11 (Reuters) - ArcBest Corp ::ARCBEST - ON JULY 9, UNIT REACHED TENTATIVE AGREEMENT WITH TEAMSTER BARGAINING REPRESENTATIVES.ARCBEST CORP - UNIT'S AGREEMENT WITH TEAMSTERS ON TERMS FOR NEW SUPPLEMENTAL AGREEMENTS FOR 2018-2023.ARCBEST- IF AGREEMENTS RATIFIED, UNIT'S MULTIEMPLOYER PENSION PLAN OBLIGATION WITH NEW ENGLAND TEAMSTERS,TRUCKING INDUSTRY PENSION FUND TO RESTRUCTURE.ARCBEST - RESTRUCTURING WILL RESULT IN WITHDRAWAL OF UNIT AS PARTICIPATING EMPLOYER IN FUND.ARCBEST CORP - RESTRUCTURING WILL TRIGGER PRE-NEGOTIATED SETTLEMENT OF WITHDRAWAL LIABILITY.ARCBEST CORP - UNIT WILL RECOGNIZE ONE-TIME CHARGE OF $38 MILLION (PRE-TAX) IN Q2 2018 TO RECORD WITHDRAWAL LIABILITY.ARCBEST CORP - FUND RESTRUCTURING WILL BECOME EFFECTIVE ON AUGUST 1, 2018 ONCE RATIFIED.  Full Article

ABF Freight announces negotiations start date with Teamsters
Monday, 13 Nov 2017 

Nov 13 (Reuters) - ABF Freight::ABF, Teamsters national freight industry negotiating committee have agreed to exchange initial proposals on December 18 and 19, 2017​.Current collective bargaining agreement, known as ABF National Master Freight Agreement, expires at midnight on March 31, 2018​.ABF, Teamsters have agreed to begin negotiations on a new collective bargaining agreement the week of January 7, 2017​.  Full Article

ArcBest reports Q3 non-GAAP earnings per share of $0.59
Friday, 3 Nov 2017 

Nov 3 (Reuters) - ArcBest Corp :ArcBest announces third quarter 2017 results.Q3 non-GAAP earnings per share $0.59 excluding items.Q3 revenue $744.3 million versus I/B/E/S view $750.5 million.Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.56.ArcBest Corp - qtrly ‍tonnage per day decrease of 3.0 percent​.ArcBest Corp - qtrly ‍shipments per day decrease 1.4 percent​.  Full Article

Arcbest Q1 asset based shipment counts increases 6 pct through end of Feb
Wednesday, 22 Mar 2017 

Arcbest Corp - : For Q1 of 2017 through end of February, co's asset-based daily billed revenue increased 4 percent versus same period last year . Co's asset based shipment counts increased 6 percent for Q1 through end of Feb- sec filing .For Q1 2017 through end of FEB, co's revenue at asset-light businesses, on a combined basis, increased about 3% versus same period last year.  Full Article

ABF logistics buys Logistics & Distribution Services, llc
Saturday, 3 Sep 2016 

Arcbest Corp : Abf logistics acquires logistics & distribution services, llc . Transaction valued at $25.0 million .Transaction reflects cash consideration of $17.0 million paid at closing and an additional $8.0 million that will be held in escrow.  Full Article

Arcbest Corp reports Q2 earnings per share $0.39
Friday, 29 Jul 2016 

Arcbest Corp : Arcbest Corporation announces second quarter 2016 results . Q2 earnings per share $0.39 . Q2 revenue $676.6 million versus I/B/E/S view $683.9 million . Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S .Q2 non-gaap earnings per share $0.38 excluding items.  Full Article

BRIEF-ArcBest Reports Q4 Non-GAAP EPS Of $0.42 Excluding Items

* ARCBEST® ANNOUNCES FOURTH QUARTER 2017 AND FULL YEAR 2017 RESULTS