ArcBest (NASDAQ: ARCB) reported third quarter consolidated revenue of $1,210.5 million, up 15.5% from $1,048.1 million a year earlier, according to the company's key performance indicator table published by FreightWaves on November 4, 2026. Adjusted earnings per share reached $2.62 against $1.46 in the third quarter of 2025, a 79.5% increase.

The asset-based unit, which includes less-than-truckload carrier ABF Freight, posted revenue of $798.6 million, up 9.9%. Tonnage per day rose 9.6% to 12,313 tons, while shipments per day fell 3.0% to 20,460. Pounds per shipment climbed 13.1% to 1,204. Revenue per hundredweight edged up 1.1% to $50.75, and revenue per shipment rose 14.2% to $610.78. Length of haul shortened 1.5% to 1,112 miles. The adjusted operating ratio improved 210 basis points to 90.4%.

The asset-light segment, which includes truck brokerage, generated revenue of $446.3 million, up 25.4%. Adjusted operating income was $14.4 million compared with $1.6 million a year earlier, and the adjusted operating ratio improved 280 basis points to 96.8%.

FreightWaves reported that contractual rate increases in the asset-based unit averaged 5.1% in the quarter. In October, asset-based revenue per day rose 20% year over year as tonnage increased 15% and yield rose 4%. The consolidated adjusted operating ratio was 92.9%, 231 basis points better than the prior year, and consolidated adjusted EBITDA was $119.7 million, up 15.1%.

Source: FreightWaves - https://www.freightwaves.com/news/higher-shipment-weights-help-arcbest-beat-q3-expectations