Recent Updates — ARCB
ArcBest Corporation reported unaudited second quarter 2026 results on July 29, 2026. Consolidated revenue increased 15.8% year-over-year to $1.2 billion. The company reported a GAAP net loss of $13.8 million, or $0.62 per diluted share, compared to net income of $25.8 million in the prior year period. On a non-GAAP basis, net income was $53.6 million, or $2.38 per diluted share, excluding impairment and restructuring charges associated with a plan announced on July 16, 2026. Asset-Based revenue grew to $783.7 million with an operating ratio of 90.5%, while Asset-Light revenue rose to $438.7 million but posted an operating loss of $31.3 million due to restructuring and impairment charges. The company also announced a restructuring plan expected to generate approximately $40 million in annualized run-rate cost savings. ArcBest Corporation operates as an integrated logistics provider offering supply chain solutions including less-than-truckload, truckload brokerage, and managed services.
ArcBest Corporation declared a quarterly cash dividend of $0.12 per share, which will be paid to holders of record on August 7, 2026, and is payable on August 21, 2026. ArcBest is an integrated logistics company providing ground, air, and ocean transportation and supply chain management solutions.
ArcBest Corporation announced a restructuring plan to realign its operating structure and reduce costs, including a 2% workforce reduction and brand consolidation under the ArcBest brand. The plan involves closing ten ABF Freight service centers and discontinuing the Vaux Freight Movement System, with estimated cash charges of $6.0 million to $7.0 million and non-cash impairments of approximately $76.5 million. The company expects to achieve approximately $40 million in annualized run-rate cash savings. ArcBest Corporation is an integrated logistics company providing transportation and supply chain solutions.