secwatch.observer — SEC 8-K summary
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Issuer:     ARCBEST CORP /DE/ (ARCB)
CIK:        0000894405
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001558370-24-010640
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ArcBest Q2 net income $46.9M ($1.96 EPS), revenue $1.08B; operating income improves YoY
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- Net income $46.9M vs $39.6M YoY; non-GAAP EPS $1.98 vs $1.54; revenue $1.08B vs $1.10B.
- Asset-Based operating income $72.8M (OR 89.8%) vs $43.3M (94.0%) YoY on core shipment growth and pricing.
- Asset-Light operating loss $9.5M vs income $13.2M YoY due to soft truckload rates and margins.
- Total tonnage per day down 20.3% but core shipments up 14%; contract renewal increases of 5.1%.
- Operating income from continuing ops $48.8M vs $42.1M YoY; CEO notes best on-time service in five years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894405/000155837024010640/0001558370-24-010640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894405/000155837024010640/arcb-20240802x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010640

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer