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ArcBest Reports $20 Million Profit

With record second-quarter revenue, ArcBest's net income rose to $20 million, or 74 cents per diluted share, from $17.2 million, or 64 cents per diluted share a year earlier.

ArcBest Reports Best First Quarter in Years

ArcBest Corp. on Monday announced it was back in the black during the first quarter for the first time in seven years, reporting first quarter net income of $700,000 or 3 cents per share.

ABF Logistics Buys Truckload Brokerage Firm

ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.

ArcBest Profit Leaps by 40%

Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.

Two LTLs Report Tonnage Gains

The less-than-truckload carrier ABF Freight saw its August billed revenue per day increase by approximately 10% above last year's level, according to a disclosure it filed with the Securities and Exchange Commission.

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