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ArcBest Corporation, an integrated logistics company, provides ground, air, and ocean transportation solutions worldwide. It operates in two segments, Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. This segment also offers motor carrier freight transportation services to customers in…
ArcBest (ARCB) reported earnings 30 days ago. What's next for the stock?
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Bank of America Corp DE decreased its stake in ArcBest Corporation (NASDAQ: ARCB) by 15.0% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,822 shares of the transportation company's stock after selling 16,230 shares during the period.
BlackRock Inc. purchased a new position in ArcBest Corporation (NASDAQ: ARCB) in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,507,564 shares of the transportation company's stock, valued at approximately $503,476,000. BlackRock Inc. owned about 15.69% of ArcBest
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