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ArcBest Bets on Technology and Leadership Overhaul While Committing to Quarterly Dividend ArcBest outlined a 2025 plan centered on technology-driven operations across its Asset-Based and Asset-Light segments, with a particular focus on returning the Asset-Light business to profitability.
The company is increasing investment in AI, automation, talent, and operational improvements to streamline workflows and prepare for potential growth when freight markets improve.
Organizational and board changes are intended to reduce internal barriers, speed up decision-making, and improve collaboration, while the board also approved a quarterly cash dividend.
The emphasis on AI, automation, and organizational reshaping signals that management is prioritizing efficiency and profitability at a time when freight conditions are described as challenging and labor costs are rising under the Teamsters union contract.
For investors, a key trade-off to monitor is whether higher near-term technology and labor spending, combined with the dividend commitment, puts pressure on margins before the Asset-Light segment becomes profitable. Declared Dividend • Apr 29
First quarter dividend of US$0.12 announced Dividend of US$0.12 is the same as last year. Ex-date: 8th May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 8%. Reported Earnings • Apr 29
First quarter 2026 earnings released First quarter 2026 results: Net income: (down US$3.13m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. New Risk • Apr 28
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin). Annonce • Apr 25
ArcBest Declares Quarterly Cash Dividend, Payable on May 22, 2026 The Board of Directors of ArcBest declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on May 8, 2026, payable on May 22, 2026. Annonce • Apr 02
ArcBest Corporation to Report Q1, 2026 Results on Apr 28, 2026 ArcBest Corporation announced that they will report Q1, 2026 results Pre-Market on Apr 28, 2026 Reported Earnings • Mar 03
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$2.63 (down from US$7.36 in FY 2024). Revenue: US$4.01b (down 4.0% from FY 2024). Net income: US$60.1m (down 65% from FY 2024). Profit margin: 1.5% (down from 4.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Price Target Changed • Feb 24
Price target increased by 7.3% to US$98.33 Up from US$91.67, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of US$100. Stock is up 20% over the past year. The company is forecast to post earnings per share of US$4.12 for next year compared to US$2.63 last year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to US$110, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Transportation industry in the US. Total returns to shareholders of 9.3% over the past three years. Reported Earnings • Feb 01
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$2.63 (down from US$7.36 in FY 2024). Revenue: US$4.01b (down 4.0% from FY 2024). Net income: US$60.1m (down 65% from FY 2024). Profit margin: 1.5% (down from 4.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Feb 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ann Bordelon was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jan 30
Third quarter dividend of US$0.12 announced Dividend of US$0.12 is the same as last year. Ex-date: 10th February 2026 Payment date: 24th February 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 16%. Annonce • Jan 29
ArcBest Corporation Announces Board Changes ArcBest Corporation announced that Ann Bordelon and Bobby George have joined ArcBest’s Board as independent directors. Bordelon and George will serve on the board’s Audit Committee. Ann Bordelon is a certified public accountant with more than 36 years of finance experience. She is Executive Vice Chancellor – Finance & Administration at the University of Arkansas and previously served as Chief Financial Officer and Chief Administration Officer for NOWDiagnostics. She also spent over a decade in various executive leadership positions at Walmart, including Chief Financial Officer of Sam’s Club and Chief Financial Officer of Walmart Asia. Bobby George has over 25 years of experience driving tech strategy and digital innovation. He is Senior Vice President & Chief Digital Officer at Carrier. He was previously Senior Vice President and Chief Information Officer for manufacturing, engineering and services at General Electric, where he also served in roles of increasing responsibility. Earlier in his career he was Vice President, Information Technology and Services at St. Jude Medical (now Abbott), and he served in leadership positions at Cambridge Technology Partners and Swiss RE. Kathy McElligott and Fredrik Eliasson will retire from the board, effective February 28, 2026. Following their retirement, along with the retirement of Craig Philip on January 28, 2026, as previously announced, the ArcBest Board will comprise ten directors, eight of whom are independent. Kathy McElligott joined the board of directors in 2015 and currently serves as chair of the Compensation Committee and a member of the Nominating and Corporate Governance Committee. Fredrik Eliasson has served on the board since 2019. Annonce • Jan 28
ArcBest Declares Quarterly Dividend, Payable on February 24, 2026 The Board of Directors of ArcBest has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on February 10, 2026, payable on February 24, 2026. Price Target Changed • Jan 09
Price target increased by 7.3% to US$89.50 Up from US$83.42, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of US$87.57. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of US$3.37 for next year compared to US$7.36 last year. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$86.74, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 30x in the Transportation industry in the US. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$94.97 per share. Annonce • Jan 06
ArcBest Corporation to Report Q4, 2025 Results on Jan 30, 2026 ArcBest Corporation announced that they will report Q4, 2025 results Pre-Market on Jan 30, 2026 Buy Or Sell Opportunity • Dec 30
Now 20% undervalued Over the last 90 days, the stock has risen 9.6% to US$75.50. The fair value is estimated to be US$94.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 6.8% in 2 years. Earnings are forecast to grow by 28% in the next 2 years. Price Target Changed • Nov 10
Price target decreased by 7.7% to US$82.42 Down from US$89.33, the current price target is an average from 12 analysts. New target price is 24% above last closing price of US$66.30. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$3.50 for next year compared to US$7.36 last year. Reported Earnings • Nov 06
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$1.73 (down from US$4.25 in 3Q 2024). Revenue: US$1.05b (down 1.4% from 3Q 2024). Net income: US$39.3m (down 61% from 3Q 2024). Profit margin: 3.7% (down from 9.4% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Declared Dividend • Nov 03
Second quarter dividend of US$0.12 announced Dividend of US$0.12 is the same as last year. Ex-date: 14th November 2025 Payment date: 28th November 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 19%. Annonce • Nov 01
ArcBest Corporation Announces Board Changes ArcBest Corporation announced that the Board of Directors has appointed Chris Sultemeier as a new director, effective October 29, 2025. The Board also appointed Mr. Sultemeier to serve on the Compensation Committee and the Nominating/Corporate Governance Committee, effective immediately. Mr. Sultemeier’s initial term on the Board will expire at the Company’s 2026 Annual Meeting of Stockholders, at which time he will stand for election to a new term. On October 30, 2025, Dr. Craig E. Philip notified the Board of his decision to retire from the Board, effective following the January 27, 2026 Board meeting, after more than 14 years of service on the Board. Sultemeier brings more than 30 years of leadership experience in logistics, transportation, supply chain operations, and high-growth supply chain and logistics ventures to the board. Sultemeier spent 28 years with Walmart serving as their EVP of Logistics and as President and CEO of Walmart Transportation. Sultemeier is currently an operating partner at NewRoad Capital Partners where he serves on the boards of several portfolio companies. His experience leading logistics for a premier retail organization with a global supply chain network, combined with his board service, adds uniquely beneficial skills that complement the board’s strengths. This appointment aligns with ArcBest’s ongoing commitment to valuing diverse perspectives and its efforts to enhance long-term sustainable value for shareholders. Craig Philip joined the board of directors in 2011 and currently serves as a member of the audit committee. He previously served on the compensation and nominating/corporate governance committees. During his tenure, Philip consistently delivered valuable perspectives through his academic background in engineering blended with decades of transportation and logistics experience. Also on October 30, 2025, the independent directors of the Board unanimously elected Eduardo F. Conrado to serve as Lead Independent Director, effective November 1, 2025. Mr. Conrado’s appointment as Lead Independent Director is made in connection with the previously announced retirement of Steven L. Spinner, effective October 31, 2025. For his service as Lead Independent Director of the Board, Mr. Conrado will be entitled to receive an additional annual retainer in accordance with the Company’s compensation program for non-employee directors. As previously disclosed on July 17, 2025, Judy R. McReynolds will retire as chief executive officer effective December 31, 2025, but will continue to serve as chairman of the Board following her retirement. Annonce • Oct 31
Arcbest Corporation Declares Quarterly Dividend, Payable on November 28, 2025 ArcBest has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on November 14, 2025, payable on November 28, 2025. Buy Or Sell Opportunity • Oct 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to US$69.88. The fair value is estimated to be US$87.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.4% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to decline by 10.0% in the next 2 years. Annonce • Oct 02
ArcBest Corporation to Report Q3, 2025 Results on Nov 05, 2025 ArcBest Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Buy Or Sell Opportunity • Sep 19
Now 20% undervalued Over the last 90 days, the stock has risen 1.5% to US$69.82. The fair value is estimated to be US$87.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.4% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 7.4% in 2 years. Earnings are forecast to decline by 9.8% in the next 2 years. Reported Earnings • Jul 31
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: US$1.13 (down from US$1.99 in 2Q 2024). Revenue: US$1.02b (down 5.2% from 2Q 2024). Net income: US$25.8m (down 45% from 2Q 2024). Profit margin: 2.5% (down from 4.4% in 2Q 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 28
First quarter dividend of US$0.12 announced Dividend of US$0.12 is the same as last year. Ex-date: 8th August 2025 Payment date: 22nd August 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 19%. Annonce • Jul 17
ArcBest Corporation Announces CEO Changes ArcBest® announced that Judy R. McReynolds will retire as chief executive officer effective December 31, 2025. The company’s president, Seth Runser, will succeed McReynolds as chief executive officer on January 1, 2026. Runser will retain his role as president and has also been appointed to the board effective the same date. McReynolds will continue to serve as chairman of the board. Runser is a seasoned executive with a proven track record of leading transformational change. As ArcBest president, he led strategic initiatives to drive profitable growth, advance premium service for customers and improve operational efficiency. As president of ABF Freight, Runser guided the organization through the global pandemic, secured a five-year labor agreement and led a transformation that delivered eight quarters of record performance. Runser began his career at ArcBest 18 years ago as a management trainee and has held leadership roles across operations, linehaul and executive management. With 28 years at ArcBest and over three decades in transportation and logistics, McReynolds is a well-known and respected industry visionary. As CEO since 2010, she led the company’s transformation into a full-service, multibillion-dollar logistics powerhouse. Under her leadership, ArcBest navigated significant industry disruptions, expanded its service offerings through five strategic acquisitions and introduced multiple leading innovations. A prime example is Vaux ™, a groundbreaking suite of material handling solutions currently in pilot with multiple Fortune 500 companies. During her tenure, the company’s revenue more than doubled, and operating income grew to nearly $300 million annually. ?McReynolds previously served as ArcBest’s chief financial officer and held senior roles in finance and accounting. She currently serves on the boards of OGE Energy Corp., First Bank Corp. and First National Bank and is a member of the American Trucking Associations (ATA) Board and Executive Committee. In 2023, she was inducted into the Arkansas Business Hall of Fame. Annonce • Jul 09
ArcBest Pilots Class 8 EV Semi in Over-The-Road Operations ArcBest announced the successful completion of a pilot program evaluating a Class 8 long-range electric semi-truck in over-the-road operations. Conducted through ArcBest's less-than-truckload carrier ABF Freight, the pilot reflects the company's ongoing commitment to exploring emerging technologies that support operational efficiency and environmental responsibility. Over a three-week period, ABF operated a Tesla Semi across typical dispatch lanes, including over-the-road routes between service centers in Reno, Nevada and Sacramento, California. The pilot also included regional runs in the Bay Area and rail shuttle operations. The electric Semi logged 4,494 miles, averaging 321 miles per day with an overall energy efficiency of 1.55 kWh per mile. The vehicle performed well across a variety of routes -- including the 7,200 climb over Donner Pass -- and generally matched the performance of its diesel counterparts. Driver feedback was positive, with operators noting the vehicle's comfort, safety and ease of use. Features like the center seat configuration, wide visibility and intuitive controls contributed to strong driver experience. While the pilot demonstrated strong performance and driver acceptance, it also highlighted the need for continued development of charging infrastructure to support broader deployment across longer routes. The vehicle showed meaningful progress in areas such as range, charging efficiency and driver support, reinforcing the value of continued evaluation. This pilot builds on ArcBest's broader efforts to explore electric vehicles across its operations. The company currently operates nine electric yard tractors, two electric forklifts and two Class 6 electric straight trucks. ArcBest will continue to assess the long-term viability of Class 8 EVs within its fleet, with a focus on leveraging innovation to improve efficiency, reduce emissions and deliver sustainable logistics solutions that create value for customers. Price Target Changed • Jul 08
Price target increased by 7.3% to US$89.50 Up from US$83.42, the current price target is an average from 12 analysts. New target price is 7.9% above last closing price of US$82.96. Stock is down 21% over the past year. The company is forecast to post earnings per share of US$4.43 for next year compared to US$7.36 last year. Annonce • Jul 02
ArcBest Corporation to Report Q2, 2025 Results on Jul 30, 2025 ArcBest Corporation announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025 Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$70.41, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Transportation industry in the US. Total loss to shareholders of 1.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$123 per share. Recent Insider Transactions • May 11
Independent Director recently bought US$202k worth of stock On the 7th of May, Michael Hogan bought around 3k shares on-market at roughly US$59.00 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$1.3m more in shares than they bought in the last 12 months. Price Target Changed • Apr 30
Price target decreased by 13% to US$80.17 Down from US$92.67, the current price target is an average from 12 analysts. New target price is 37% above last closing price of US$58.58. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$4.25 for next year compared to US$7.36 last year. Reported Earnings • Apr 29
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: US$0.14 (up from US$0.12 loss in 1Q 2024). Revenue: US$967.1m (down 6.7% from 1Q 2024). Net income: US$3.13m (up US$6.04m from 1Q 2024). Profit margin: 0.3% (up from net loss in 1Q 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 68%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 28
Fourth quarter dividend of US$0.12 announced Dividend of US$0.12 is the same as last year. Ex-date: 9th May 2025 Payment date: 23rd May 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 24%. Annonce • Apr 25
Arcbest Declares Quarterly Dividend, Payable on May 23, 2025 The Board of Directors of ArcBest has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on May 9, 2025, payable on May 23, 2025. Price Target Changed • Apr 09
Price target decreased by 9.7% to US$94.58 Down from US$105, the current price target is an average from 12 analysts. New target price is 32% above last closing price of US$71.76. Stock is down 52% over the past year. The company is forecast to post earnings per share of US$5.57 for next year compared to US$7.36 last year. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$59.59, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the Transportation industry in the US. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$118 per share. Annonce • Apr 03
ArcBest Corporation to Report Q1, 2025 Results on Apr 29, 2025 ArcBest Corporation announced that they will report Q1, 2025 results Pre-Market on Apr 29, 2025 Price Target Changed • Mar 27
Price target decreased by 7.9% to US$105 Down from US$114, the current price target is an average from 13 analysts. New target price is 42% above last closing price of US$73.56. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$5.59 for next year compared to US$7.36 last year. Annonce • Mar 17
ArcBest Corporation, Annual General Meeting, Apr 25, 2025 ArcBest Corporation, Annual General Meeting, Apr 25, 2025. Location: arcbest headquarters, 8401 mcclure drive, arkansas 72916, fort smith United States Price Target Changed • Mar 11
Price target decreased by 9.0% to US$109 Down from US$119, the current price target is an average from 12 analysts. New target price is 48% above last closing price of US$73.33. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$5.58 for next year compared to US$7.36 last year. Annonce • Mar 09
ArcBest Corporation Provides Update on Non-Compliance On March 3, 2025, ArcBest Corporation (the Company") received a notice from the staff of the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market (Nasdaq") after the Company discovered and self-reported that it did not fully comply with the audit committee composition requirements set in Nasdaq Listing Rule 5605(c)(2)(A). The non-compliance was a result of Fredrik J. Eliasson, a member of the Audit Committee, not qualifying as independent pursuant to Nasdaq Listing Rule 5605(a)(2)(F) due to his brother-in-law serving as a partner of the Company's outside auditor for the fiscal year ended December 31, 2024. Mr. Eliasson's brother-in-law has never worked on the audit of the Company's financial statements or performed any other services for the Company. Following discovery of this relationship, Mr. Eliasson promptly tendered his resignation as a member of the Audit Committee. In its notice, the Staff determined that, as a result of the Company's and Mr. Eliasson's actions and subject to the Company complying with the disclosure requirements intended to be met by the filing of this Current Report on Form 8-K, the Company has regained compliance with Nasdaq Listing Rule 5605(c)(2)(A). Annonce • Mar 08
ArcBest Corporation Announces Resignation of Fredrik J. Eliasson as Member of Audit Committee ArcBest Corporation announced on March 3, 2025, the company received a notice from the staff of the Listing Qualifications Department (the Staff) of The Nasdaq Stock Market (Nasdaq) after the Company discovered and self-reported that it did not fully comply with the audit committee composition requirements set forth in Nasdaq Listing Rule 5605(c)(2)(A). The non-compliance was a result of Fredrik J. Eliasson, a member of the Audit Committee, not qualifying as independent pursuant to Nasdaq Listing Rule 5605(a)(2)(F) due to his brother-in-law serving as a partner of the Company’s outside auditor for the fiscal year ended December 31, 2024. Mr. Eliasson’s brother-in-law has never worked on the audit of the Company’s financial statements or performed any other services for the Company. Following discovery of this relationship, Mr. Eliasson promptly tendered his resignation as a member of the Audit Committee. Reported Earnings • Mar 04
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$7.36 (up from US$5.92 in FY 2023). Revenue: US$4.18b (down 5.6% from FY 2023). Net income: US$173.4m (up 22% from FY 2023). Profit margin: 4.1% (up from 3.2% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annonce • Feb 10
ArcBest Introduces Vaux Vision and Enhancements to Vaux Technology Suite ArcBest announced the introduction of its latest technology offering, Vaux Vision™?, which is currently in the pilot phase. Vaux Vision transforms forklifts into intelligent mobile dimensioners to improve material handling efficiencies. This adds to the company's suite of advanced technology solutions. ArcBest's Vaux Vision is 3D perception technology designed to streamline material handling by providing precise, real-time freight measurement and insight directly on a forklift. Vaux Vision is NTEP (National Type Evaluation Program) certified and features a touch screen operator display and barcode scanning capabilities. It integrates seamlessly with the Vaux OS as well as new or existing weight sales. Other capabilities include: Capturing photos of freight during pick and drop to improve visibility and transparency; Utilizing AI to determine attributes like damage, HazMat, stackable, fragile and leaning; Tracking the piece ID or pallet barcode. In addition to Vaux Vision, ArcBest also announced updates to its previously released solutions, introducing more equipment sizes and performance enhancements. These updates were driven by customer feedback across several customer verticals. The Vaux Freight Movement System Equipment Options: The Vaux Freight movement System was the first iteration of the Vaux Technology suite, designed to improve material handling efficiency by reimagining trailer loading and unloading using mobile platform, the Vaux Freight is loaded onto the Vaux MP outside the trailer, and using a standard forklift equipped with an MP Coupler, easily slides into the trailer. To unload, the forklift and coupler can pull the entire MP out of the trailer in one movement, allowing for easy maneuvering to the optimal location in the warehouse for rapid processing. This flexibility allows trailers to be fully loaded, even with products that cannot be stacked -- reducing the number of trucks on the road and positively impacting environmental sustainability metrics. New equipment options available with the Vaux Freight Movement System include: A new MP decking system configuration that enables stacking of previously unstackable freight, such as high-value server equipment for data centers; A 26-foot and 10-foot Roller Deck MP for air cargo ULD containers; An Automotive Hauler that enables a standard trailer to transport up to four vehicles; A Max width MP to handle wide freight and a 17-foot MP designed for tight spaces. Vaux Smart Autonomy Capability Updates: One year after launching the Vaux MP, ArcBest announced Vaux Smart Autonomy to enhance safety and efficiency in material handling and address customers' labor challenges. Vaux Smart Autonomy combines autonomous mobile robot (AMR) forklifts and reach trucks with fleet management software and teleoperation capabilities to automate material handling while keeping a human operator involved for tasks that require a human touch. It also now supports: Managing the autonomous movement of freight that is larger than a standard pallet; Stacking on gravity feeds and bulk stacking; Moving automotive racks, rack replenishment and rack pick; Trailer load and unload, including double-stacked freight. Major Estimate Revision • Feb 07
Consensus EPS estimates fall by 18% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$7.08 to US$5.81 per share. Revenue forecast steady at US$4.29b. Net income forecast to shrink 25% next year vs 13% growth forecast for Transportation industry in the US . Consensus price target down from US$119 to US$114. Share price was steady at US$94.00 over the past week. New Risk • Feb 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 69% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$1.7m sold). Reported Earnings • Jan 31
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$7.36 (up from US$5.92 in FY 2023). Revenue: US$4.18b (down 5.6% from FY 2023). Net income: US$173.4m (up 22% from FY 2023). Profit margin: 4.1% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Transportation industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Declared Dividend • Jan 30
Third quarter dividend of US$0.12 announced Dividend of US$0.12 is the same as last year. Ex-date: 11th February 2025 Payment date: 25th February 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 14%. Annonce • Jan 29
ArcBest Corporation Declares Cash Dividend, Payable on February 25, 2025 The Board of Directors of ArcBest® has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on February 11, 2025, payable on February 25, 2025. Buy Or Sell Opportunity • Jan 28
Now 21% overvalued Over the last 90 days, the stock has fallen 3.9% to US$100. The fair value is estimated to be US$82.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period. Annonce • Jan 16
Arcbest Corporation Announces Executive Changes, Effective February 1, 2025 ArcBest Corporation announced leadership changes: Eddie Sorg, previously chief operating officer of asset-light logistics, has been named chief commercial officer and will lead several functions including marketing, sales, customer support, customer experience and yield. Sorg will be focused on optimizing workflows across teams to maximize revenue velocity. Aligning revenue-generating functions under one leader will provide a more unified approach to securing and seamlessly serving customers. Eddie Sorg is the Chief Commercial Officer at ArcBest. With 30 years of experience, he oversees the teams responsible for the company’s marketing, sales, customer support, customer experience and yield functions. With a deep understanding of customer needs and market dynamics, Eddie is focused on building customer-centric strategies that elevate ArcBest’s brand presence and promote customer experience and customer loyalty. His leadership empowers cross-functional teams to collaborate effectively, align with organizational goals and exceed customer expectations at every interaction. Over his career with the company, Eddie has played a pivotal role in numerous initiatives that have significantly impacted the company’s profitability, customer experience and sustainable growth. His leadership was instrumental in implementing space-based pricing for LTL shipments, introducing Dynamic LTL pricing and advancing pricing methodologies for Managed Solutions. These efforts have not only generated substantial revenue but also enhanced the company’s market position and customer relationships. Eddie began his career with the company in 1995 as a Pricing Analyst. Since that time he has served in leadership roles including ABF Director of Revenue Accounting, ABF Director of Pricing, Vice President of Yield Management, and most recently Chief Operating Officer of Asset-Light. Eddie holds a bachelor’s degree in industrial engineering from the University of Arkansas. Christopher Adkins has been named chief strategy officer following his role as vice president of yield strategy and management. In his new role, he will oversee the Company’s strategy management, data science and process improvement teams to advance ArcBest’s most critical initiatives. Christopher Adkins is the Chief Strategy Officer at ArcBest. With over twelve years of experience, he oversees the teams responsible for the company’s critical strategy management, product management, project management, data science and process improvement initiatives. In this role, Christopher leads the development and execution of strategic initiatives that optimize operational efficiency, enhance data-driven decision making and fuel ongoing growth. In his career, Christopher has led several high-impact, strategic initiatives that have played a significant role in ArcBest progressing as an integrated logistics company. Among his most notable work achievements is his contribution to ArcBest’s Dynamic less-than-truckload (LTL) pricing initiative and his leadership in automating volume price quotes and tractor detention charges — helping the company transition from manual processes to more efficient automated processes that improve customer experiences and enhance productivity. Christopher joined the company in 2012 as a Pricing Analyst and has served in various leadership roles, including Manager of Engineering and Technology, Director of Yield Strategy and Vice President of Yield Strategy and Analytics. His most recent role was Vice President of Yield Strategy and Management. Christopher holds a bachelor’s degree in industrial engineering from the University of Arkansas. Steven Leonard plans to retire June 2025, following a 24-year career with ArcBest, and will continue to lead asset-light logistics operations through the transition period to his retirement. The updates are effective February 1, 2025. Annonce • Jan 04
ArcBest Corporation to Report Q4, 2024 Results on Jan 31, 2025 ArcBest Corporation announced that they will report Q4, 2024 results Pre-Market on Jan 31, 2025 Recent Insider Transactions • Nov 27
Independent Director recently sold US$429k worth of stock On the 22nd of November, Craig Philip sold around 4k shares on-market at roughly US$110 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.3m. Insiders have been net sellers, collectively disposing of US$1.9m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 24
Independent Director notifies of intention to sell stock Craig Philip intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of November. If the sale is conducted around the recent share price of US$110, it would amount to US$429k. Since March 2024, Craig's direct individual holding has decreased from 24.50k shares to 22.90k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months. New Risk • Nov 11
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$1.3m sold). Recent Insider Transactions • Nov 11
Senior VP & Chief Innovation Officer recently sold US$1.3m worth of stock On the 6th of November, Michael Newcity sold around 10k shares on-market at roughly US$121 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.9m more than they bought in the last 12 months. 
