ArcBest points to softness in economy with Q1 revenue drop

Apr. 28, 2023 7:33 AM ETArcBest Corporation (ARCB) StockBy: Clark Schultz, SA News Editor
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ArcBest (NASDAQ:ARCB) reported revenue fell 13.4% in Q1 to $1.11B. The company's asset-based business decreased compared to the prior-year period influenced by reduced customer order quantities related to softness in the general economy.

Total tonnage per day increased 2.7% during the

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