ArcBest Corp (NASDAQ:ARCB) reported fourth-quarter 2025 results as the logistics company worked through a challenging freight environment.
Revenue totaled $972.7 million, down from $1.0 billion a year earlier. Adjusted earnings of 36 cents per share missed the 41 cents analyst estimate, while revenue exceeded expectations of $966.361 million. Results included a $9.1 million after-tax, noncash impairment charge.
Asset-Based revenue was $648.8 million, compared with $656.2 million, with tonnage per day rising 2.6% and shipments per day up 2.4%.
Billed revenue per hundredweight declined 2.7% and billed revenue per shipment fell 2.5%. Operating income totaled $24.4 million, and the operating ratio was 96.2%, compared with $52.3 million and 92.0% a year earlier.
ArcBest said shipment growth was driven by newly onboarded core LTL customers, while pricing gains were offset by changes in freight mix. “Overall, LTL industry pricing remains rational.”
Asset-Light …