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ArcBest Corp (ARCB.OQ)

ARCB.OQ on NASDAQ Stock Exchange Global Select Market

46.70USD
19 Sep 2018
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$-0.30 (-0.64%)
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Latest Key Developments (Source: Significant Developments)

Arcbest Corp In Preliminary Q3 2018 Through End Of August Says Asset-Based Operating Segment Daily Billed Rev Up About 12 Pct
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - ArcBest Corp ::ARCBEST CORP - PRELIMINARY Q3 2018 THROUGH END OF AUGUST, ASSET-BASED OPERATING SEGMENT DAILY BILLED REVENUE INCREASED ABOUT 12 PERCENT.ARCBEST CORP - PRELIMINARY Q3 2018 THROUGH END OF AUGUST, ASSET-BASED OPERATING SEGMENT TOTAL TONNAGE PER DAY INCREASED ABOUT 2 PERCENT.ARCBEST CORP - PRELIMINARY Q3 2018 THROUGH END OF AUGUST, ASSET-BASED OPERATING SEGMENT DAILY SHIPMENT COUNTS DECREASED ABOUT 2 PERCENT.ARCBEST CORP - PRELIMINARY Q3 2018 THROUGH END OF AUGUST, ASSET-LIGHT SEGMENT, NOT INCLUDING FLEETNET, REVENUE/DAY INCREASED ABOUT 2 PERCENT.  Full Article

ArcBest Announces All ABF Freight Labor Agreement Supplements Ratified
Thursday, 26 Jul 2018 

July 26 (Reuters) - ArcBest Corp ::ARCBEST® ANNOUNCES ALL ABF FREIGHT® LABOR AGREEMENT SUPPLEMENTS NOW RATIFIED.ARCBEST CORP - COMPANY TO PAY $1,000 RATIFICATION BONUSES TO QUALIFYING EMPLOYEES WITHIN 30 DAYS.ARCBEST CORP - CONTRACT COVERS APPROXIMATELY 8,200 TEAMSTER EMPLOYEES.ARCBEST CORP - 63-MONTH ABF NATIONAL MASTER FREIGHT AGREEMENT WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERS HAS JULY 29, 2018 IMPLEMENTATION DATE.ARCBEST CORP - ECONOMIC PROVISIONS OF MASTER AGREEMENT INCLUDE RESTORATION OF A VACATION WEEK.ARCBEST CORP - MAJOR ECONOMIC PROVISIONS OF MASTER AGREEMENT INCLUDE WAGE INCREASES IN EACH YEAR OF CONTRACT, BEGINNING JULY 1, 2018.ARCBEST - ECONOMIC PROVISIONS OF MASTER AGREEMENT INCLUDE CONTRIBUTIONS TO MULTIEMPLOYER PENSION PLANS TO REMAIN AT CURRENT RATES FOR EACH FUND.ARCBEST - COMBINED CONTRACTUAL WAGE AND BENEFIT RATE INCREASES ABOUT 2% ON COMPOUNDED ANNUAL BASIS THROUGHOUT CONTRACT PERIOD.ARCBEST CORP - RATIFICATION BONUS WILL BE EXPENSED OVER 63-MONTH CONTRACT BEGINNING APRIL 1, 2018.  Full Article

ArcBest Says Unit Reached Tentative Agreement With Teamster Bargaining Representatives
Wednesday, 11 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