Is ArcB stock a good buy?
ArcBest Corporation - Buy Valuation metrics show that ArcBest Corporation may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of ARCB, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
Key Data
Is ABF Freight publicly traded?
Arkansas Best Corporation becomes a public company listed on the New York Stock Exchange. With the purchase of Navajo Freight Lines, ABF becomes one of 12 transcontinental motor carriers.
Shares of ArcBest (ARCB) fell Friday after Wolfe Research suggested investors take profits from gains in the trucking company's stock. Wolfe Research downgraded ArcBest's stock to peer perform from outperform. Shares of the Fort Smith, Ark., company closed Friday trading down 9.2% at $69.83.04-Jun-2021
How is Yrc doing financially?
Operating revenue was $1.183 billion and operating income was $19.4 million . In comparison, operating revenue in the third quarter of 2019 was $1.257 billion and operating income was $23.8 million , which included a $1.0 million net loss on property disposals.
YRC Worldwide (YRCW)05-Feb-2021
What is Yellow Freight stock at?
Yellow Corporation has one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities.Summary.
ABF Freight System/Parent organizations
Did ABF get bought out?
Fort Smith, Arkansas-based Arcbest acquired the $120 million company through its ABF Logistics subsidiary, founded in 2013. The acquisition follows a strategy Arcbest has pursued for two years to expand its non-asset or asset-light logistics operations, which now include Panther Premium Logistics and ABF Logistics.04-Dec-2015
ABF is an LTL freight service with over 90 years in the business, and is part of the ArcBest holding company. ABF focuses on regional as well as national LTL freight movement, and also offers flatbed service, among others, and employs about 10,000 people.
Why is YRC stock so low?
A debt-restructuring caused its stock price to plunge over 99%. Despite many efforts to cut costs and restore growth, YRC was never far from another implosion. The most recent industry slowdown — that began in 2019 and deepened further in 2020 due to the Covid-19 pandemic — made YRC's future even more precarious.21-Jul-2020
Revenue notched up 10% in Q3 to $1.301 billion compared with $1.183 billion in the 2020 period. Third-quarter net income was $8.3 million, or 16 cents per share, compared with a loss of $2 million, minus 4 cents, a year ago.04-Nov-2021
Did NEW PENN buy YRC?
New Penn still operates today as a subsidiary of Yellow Roadway Corporation, which is known as YRC Worldwide. As a unit of YRC Worldwide, New Penn provides next-day, day-definite, and time-definite regional LTL services.14-Jun-2021
From 2006 to February 2021, Yellow was known as YRC Worldwide.Yellow Corporation.
Who is the CEO of Yellow Freight?
Darren Hawkins, CEO of Yellow Corp., which controls about 10% of the $50 billion LTL market, said recently he is “very pleased” with his company's transformation from a national carrier with three separate regional trucking companies and a logistics arm into a unified “super regional” carrier with integrated services 10-Mar-2022
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What companies does ABF own?
Grocery comprises consumer-facing businesses that manufacture and market a variety of well-known household brands both nationally and internationally, including Twinings, Ovaltine, Patak's, Kingsmill, Jordans, Tip Top, Yumi's and Mazola.
Less-than-truckload carrier ABF Freight System is cutting its number of terminals from 277 to 247.05-Dec-2013
How many employees does ABF have?
ArcBest is the parent company of ABF Freight, which is one of the nation's largest less-than-truckload carriers. The number of ABF employees who are union members ranges between 8,400 and 8,600.16-Apr-2018
The Teamsters union strongly criticized YRC Worldwide's bid to buy ABF Freight System, calling such a potential merger “unconscionable.” Arkansas Best disclosed Thursday that YRC had approached it about buying ABF — its less-than-truckload unit that competes with YRC — but that it had rejected YRC's overture.10-May-2013
What kind of freight does ABF haul?
What types of equipment does ABF Freight offer for household moves? There are two types of equipment offered by ABF for household moves: 1) a 28-foot freight trailer and 2) a ReloCube moving container. Both the trailer and the ReloCube are delivered to your door by ABF.16-Mar-2021
Is ArcB stock a good buy?