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How ArcBest plans to double earnings by 2028
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FreightWaves: How ArcBest plans to double earnings by 2028
FREIGHTWAVES reports: Many favorable revenue and cost initiatives had transportation and logistics provider ArcBest talking up long-term numbers on Monday. The Fort Smith, Arkansas-based company provided the outlook in New York during its first investor day in a decade. ArcBest (NASDAQ: ARCB) outlined a plan to generate adjusted earnings per share of $12 to $15 by 2028, which is more than double (at the midpoint of the range) the $6.40 it produc…
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