ArcBest Corporation (NASDAQ:ARCB) is one of the 13 Best Freight Stocks to Invest in Now.
Amid mixed second-quarter results, the company’s CEO expresses confidence in the company’s growth.
The company’s Q2 2025 revenue totaled $1 billion, compared to $1.1 billion in the prior year period. Net income from continuing operations also saw a decline, standing at $25.8 million against the $46.9 million net income in the second quarter of 2024. Tonnage per day saw a 4.3% increase, and the daily shipments saw a 5.6% increase owing to the newly onboarded core LTL customers.
The company’s Chairman and CEO, Judy R. McReynolds, made the following statement, projecting a positive outlook.
“In today’s rapidly evolving environment, our customers are seeking flexible, forward-thinking solutions. Thanks to the deep expertise across our organization and our integrated offerings, we’re well-positioned to meet those needs with a high level of service.”
ArcBest Corporation benefits from modest institutional interest offered by 22 hedge funds invested in the company’s stock. Upside potential of the stock stands attractive at 12.95%.
ArcBest Corporation is an Arkansas-headquartered logistics and transportation company founded in 1923. It provides a range of services from less-than-truckload (LTL) shipping through its ABF Freight subsidiary to expedited and managed solutions.
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