Business
ArcBest Announces Third Quarter 2025 Results
Asset-Based shipment and tonnage growth despite soft freight environment Asset-Light achieves record volumes and productivity Over $66 million returned to
About this update from Arcbest Corporation
[{"type":"text","content":"\n\nAsset-Based shipment and tonnage growth despite soft freight environment\n\n\nAsset-Light achieves record volumes and productivity\n\n\nOver $66 million returned to shareholders through share repurchases and dividends year-to-date\n\n\n FORT SMITH, Ark.--(BUSINESS WIRE)--\nArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced financial results for the third quarter ended September 30, 2025.\n\nThird quarter 2025 revenue totaled $1.0 billion, compared to $1.1 billion in the prior-year period. Net income from continuing operations was $39.3 million, or $1.72 per diluted share, versus $100.3 million, or $4.23 per diluted share, in the third quarter of 2024, which included a $69.1 million after-tax benefit from the reduction in the fair value of contingent consideration related to the MoLo acquisition. On a non-GAAP basis, net income was $33.4 million, or $1.46 per diluted share, compared to $38.8 million, or $1.64 per diluted share, in the prior year.\n\n“ArcBest continues to deliver, even in this challenging freight environment,” said Judy R. McReynolds, ArcBest Chairman and CEO. “We achieved growth in LTL shipments and tonnage, and our Asset-Light segment delivered record shipment volumes and productivity. These results underscore the strength of our customer relationships and the value of our integrated solutions.”\n\nResults of Operations Comparisons\n\nAsset-Based\n\nThird Quarter 2025 Versus Third Quarter 2024\n\n\nRevenue of $726.5 million compared to $709.7 million, a per-day increase of 1.6 percent\n\n\nTonnage per day increase of 2.3 percent\n\n\nShipments per day increase of 4.3 percent\n\n\nBilled revenue per hundredweight decrease of 1.1 percent\n\n\nOperating income of $70.2 million and an operating ratio of 90.3 percent, which includes $15.9 million of net gains on asset sales, compared to $64.0 million and an operating ratio of 91.0 percent\n\n\nExcluding asset gains, non-GAAP operating income of $54.4 million and an operating ratio of 92.5 percent, compared to $64.0 million and an operating ratio of 91.0 percent\n\n\nTonnage growth was driven by a 4.3 percent increase in daily shipments, primarily from newly onboarded core LTL customers. This was partially offset by a 1.9 percent decline in total weight per shipment. While new shipments were generally heavier, ongoing weakness in the manu...