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StockNews.com
StockNews.com
Business
Aditi Ganguly

ArcBest: An Under the Radar Growth Stock to Buy Now

ARCB ArcBest

ArcBest Corporation (ARCB) is a multi-billion-dollar integrated logistics and freight transportation company operating in three segments: Asset-Based; ArcBest; and FleetNet. With more than 14,00 employees operating across 250 service centers and campuses, ARCB is a logistics powerhouse. The Fort Smith, Ariz.-based concern has an ISS QualityScore of 3, indicating relatively low governance risk.

ARCB benefitted immensely from increased demand for freight transportation and logistics services over the past year. The company achieved the highest revenue and net income in its history on a fiscal fourth quarter (ended December) and full-year basis in 2021.

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