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  1. #1
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    Default ArcBest Corporation Announces Third Quarter 2014 Results

    - Third quarter 2014 net income increased 40 percent from the previous year to $19.6 million and $0.72 per share or $20.1 million and $0.74 per share, excluding pension settlement charges.
    - Increased business levels at ABF Freight(SM) contributed to higher revenues and improved profitability
    - ArcBest's emerging businesses increased third quarter revenue 23 percent
    - Panther continued to capitalize on a strong market demand for its services as EBITDA increased 22 percent
    FORT SMITH, Ark., Nov. 3, 2014 /PRNewswire/ -- ArcBest Corporation (ARCB), today reported improved third quarter 2014 results reflecting business growth at ABF Freight and all of its emerging companies, including an ongoing strong performance at Panther Premium Logistics.
    http://finance.yahoo.com/news/arcbes...080000363.html

  2. #2
    Taking A Stand!!!

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    Default Re: ArcBest Corporation Announces Third Quarter 2014 Results


  3. #3
    Taking A Stand!!!

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    Default Re: ArcBest Corporation Announces Third Quarter 2014 Results

    Rate hikes, more tonnage boost net income, revenue at ArcBest

    Third quarter net income for Fort Smith-based ArcBest was $19.618 million, well ahead of the $13.982 million in the same quarter of 2013, and thanks in large part to an almost 10% gain in ABF Freight revenue.
    The company reported that it continues to struggle with inexperienced dock workers and other employees the company has had to hire to handle the increase in shipments.
    Rate hikes, more tonnage boost net income, revenue at ArcBest | Business, Political, and Cultural News in Fort Smith and Northwest Arkansas

 

 

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