LTL and asset-light provider ArcBest Corp. reported on Monday record quarterly revenue and operating income with second-quarter revenue of $949 million, 50% higher than second-quarter 2020 results, and operating income of $74.3 million, more than tripling the results in the quarter.
Net income of $53.1 million more than tripled the year-earlier results. Earnings per share of $1.97 per diluted share nearly tripled the 67 cents per diluted share posted in the second quarter of 2020. The EPS...
https://www.freightwaves.com/news/arcbest-posts-record-revenue-operating-income-in-q2