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What ArcBest (ARCB) Said on Its Q3 Earnings Call
Managed logistics revenue rose 25% as ArcBest cited pricing discipline, cost cuts and productivity gains, while fourth-quarter guidance topped expectations.
ArcBest (NASDAQ:ARCB) reported higher third-quarter revenue, earnings and operating margins as stronger Asset-Based tonnage, pricing discipline, Asset-Light improvements and savings from organizational changes supported results.
Third-quarter revenue totaled $1.2 billion, up 15% from a year earlier