ArcBest raises long-term financial targets, expects revenue to double by 2025

ArcBest sees $7 billion to $8 billion in revenue by 2025

ArcBest updated long-term financial targets Tuesday in conjunction with the release of its fourth-quarter earnings report. The company expects to grow revenue to $7 billion to $8 billion by 2025. Hitting the high end of the range would double its top line from the $3.98 billion it recorded in 2021.

The guidance also included margin targets. The asset-based segment, which includes less-than-truckload operations, is expected to see operating margins in the 10% to 15% range, which is higher than...

https://www.freightwaves.com/news/arcbest-raises-long-term-financial-targets

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