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Posted by
Two Blokes Jun 23 -
Filed in
Stock
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ArcBest is showing signs of a top-line turnaround, with tonnage/day growth turning positive in April and May. Despite Q1 margin pressure from lower volumes and labor costs, ArcBest is well-positioned for margin improvement going forward. With a strong earnings recovery expected and favorable long-term tailwinds, the stock offers compelling risk-reward and is rated a buy.