ArcBest Sees Profit, Revenue Declines in Q4 2024
Weak Freight Demand and Cost Pressures Weigh on Results
“Throughout 2024, we made significant progress on controlling costs, improving productivity and enhancing our service quality,” ArcBest CEO Judy McReynolds said. (ArcBest Corp.)
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ArcBest Corp. posted declines in profit and revenue for the fourth quarter of 2024, according to a Jan. 31 earnings release.
The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31. Tha…
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