ArcBest Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,036.42 million compared to USD 1,106.09 million a year ago. Net loss was USD 2.31 million compared to net income of USD 71.28 million a year ago.

Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 0.78 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to diluted earnings per share from continuing operations of USD 0.75 a year ago. Basic loss per share was USD 0.1 compared to basic earnings per share of USD 2.93 a year ago.

Diluted loss per share was USD 0.1 compared to diluted earnings per share of USD 2.84 a year ago.