ArcBest Q2 2024 Earnings Report

Delivered second quarter 2024 net income of $46.9 million, or $1.96 per diluted share, and non-GAAP net income of $47.4 million, or $1.98 per diluted share.

Achieved significant efficiency improvements at ABF Freight, resulting in the best on-time service in five years.

Improved Asset-Based operating income, despite higher labor contract costs and lower revenue.

Asset-Based segment delivered its second-best operating income result for a second quarter in company history on a non-GAAP basis.