ARCBEST CORP /DE/ (Form: 8-K, Received: 01/30/2026 06:08:53)

June 30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 30, 2026 (January 30, 2026)

ARCBEST CORPORATION

(Exact name of registrant as specified in its charter)


Delaware	0-19969	71-0673405
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
8401 McClure Drive Fort Smith, Arkansas (Address of principal executive offices)		72916 (Zip Code)

Registrant’s telephone number, including area code: (479) 785-6000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.

☐	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock $0.01 Par Value	ARCB	Nasdaq

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

ITEM 2.02 – RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On January 30, 2026, ArcBest^® (Nasdaq: ARCB) (the “Company”) issued a press release announcing its unaudited fourth quarter 2025 and full year 2025 results. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. Additional supplemental information and presentation slides to be used in connection with the scheduled conference call to discuss the fourth quarter and full year results are furnished as Exhibit 99.2 and Exhibit 99.3 to this Current Report on Form 8-K and incorporated herein by reference.

The Company reports its financial results in accordance with generally accepted accounting principles (“GAAP”). However, management believes that certain non-GAAP financial measures and ratios and other information utilized for internal analysis provide analysts, investors, and others the same information that we use internally for purposes of assessing the Company’s core operating performance and provide meaningful comparisons between current and prior period results, as well as important information regarding performance trends. The use of certain non-GAAP measures improves comparability in analyzing ArcBest’s performance because it removes the impact of items from operating results that, in management’s opinion, do not reflect ArcBest’s core operating performance.

The press release in Exhibit 99.1, the supplemental information in Exhibit 99.2, and the presentation slides in Exhibit 99.3 include certain non-GAAP information. Certain information discussed in the scheduled conference call could also be considered non-GAAP measures. Reconciliations of the non-GAAP measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are included in Exhibit 99.1 herein, including reconciliations of GAAP earnings and earnings per share to non-GAAP financial measures, reconciliations of GAAP to non-GAAP effective tax rates, and calculations of adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). Reconciliations of non-GAAP measures included in the presentation slides to the most directly comparable GAAP financial measures are also included within Exhibit 99.3 herein.

Management believes EBITDA and Adjusted EBITDA to be relevant and useful information as EBITDA is a standard measure commonly reported and widely used by analysts, investors and others to measure financial performance and ability to service debt obligations. Additionally, Adjusted EBITDA is a primary component of the financial covenants contained in ArcBest’s credit agreement. Other companies may calculate EBITDA and Adjusted EBITDA differently; therefore, ArcBest’s calculation of EBITDA and Adjusted EBITDA may not be comparable to similarly titled measures of other companies. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, ArcBest’s reported results. These financial measures should not be construed as better measurements than operating income, operating cash flow, net income or earnings per share, as determined under GAAP.

ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS


Exhibit No.		Description of Exhibit

99.1		Press release of ArcBest dated January 30, 2026
99.2		Supplemental information dated January 30, 2026
99.3		Earnings conference call presentation dated January 30, 2026
104		Cover Page Interactive Data File – The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



		ARCBEST CORPORATION

		(Registrant)

Date:	January 30, 2026	/s/ J. Brent Hagy
		J. Brent Hagy
		Chief Legal Officer and Corporate Secretary

Exhibit 99.1


Investor Relations Contact: Amy Mendenhall	Media Contact: Autumnn Mahar
Phone: 479-785-6200	Phone: 479-494-8221
Email: invrel@arcb.com	Email: amahar@arcb.com

ArcBest Announces Fourth Quarter and Full Year 2025 Results

●	Increased Asset-Based shipments and tonnage

●	Achieved record Asset-Light productivity for full-year 2025

●	Returned more than $86 million to shareholders through share repurchases and dividends in 2025

FORT SMITH, Arkansas, January 30, 2026 — ArcBest^® (Nasdaq: ARCB), a leader in supply chain logistics, today announced financial results for the fourth quarter and full year ended December 31, 2025.

Fourth quarter 2025 revenue totaled $972.7 million, compared to $1.0 billion in the prior-year period. Net loss from continuing operations was $8.1 million, or $0.36 per diluted share, versus net income of $29.0 million, or $1.24 per diluted share, in the fourth quarter of 2024. Included in the fourth quarter 2025 net loss is a $9.1 million after-tax, noncash charge associated with impairments. On a non-GAAP basis, net income was $8.2 million, or $0.36 per diluted share, compared to $31.2 million, or $1.33 per diluted share, in the prior year.

ArcBest’s full year 2025 revenue totaled $4.0 billion, compared to $4.2 billion in the prior year. Net income from continuing operations in 2025 was $60.1 million, or $2.62 per diluted share, versus $173.4 million, or $7.28 per diluted share, in 2024, which included a $67.9 million after-tax benefit from the reduction in the fair value of contingent consideration related to the MoLo acquisition. On a non-GAAP basis, net income was $84.8 million, or $3.70 per diluted share, compared to $149.7 million, or $6.28 per diluted share, in the prior year.

“2025 was a year of strong execution and meaningful progress for ArcBest,” said Seth Runser, ArcBest President and CEO. “Amid a challenging freight environment, our team delivered growth in LTL shipments and tonnage, restored profitability in Asset-Light, and achieved record Asset-Light productivity as customers increasingly embraced our integrated, technology-driven solutions. These results are a testament to the resilience and dedication of our people and the trust our customers place in us every day. We are advancing our strategic plan and remain confident we are taking the right steps to achieve our objectives and drive long-term value.”

Results of Operations Comparisons

Asset-Based

Fourth Quarter 2025 Versus Fourth Quarter 2024

●

Revenue of $648.8 million compared to $656.2 million, a per-day decrease of 0.3 percent

●

Tonnage per day increase of 2.6 percent

●

Shipments per day increase of 2.4 percent

●

Billed revenue per hundredweight decrease of 2.7 percent

●

Billed revenue per shipment decrease of 2.5 percent

●

Weight per shipment increase of 0.2 percent

●

Operating income of $24.4 million and an operating ratio of 96.2 percent, compared to $52.3 million and 92.0 percent

Tonnage growth was driven by an increase in daily shipments, largely attributable to newly onboarded core LTL customers. Average weight per shipment was slightly higher due to the heavier profile of new business; however, this was partially offset by lower weight per shipment from existing customers, reflecting continued softness in the manufacturing sector.

Customer contract renewals and deferred pricing agreements averaged a 5.0 percent increase during the fourth quarter. However, billed revenue per hundredweight, including and excluding fuel, declined approximately 3 percent year-over-year as pricing gains were offset by changes in freight mix. Overall, LTL industry pricing remains rational.

Operating expenses increased due to additional labor supporting shipment growth, annual union wage adjustments, and higher equipment depreciation.

Compared sequentially to the third quarter of 2025, fourth quarter daily revenue decreased 6.3 percent. Shipments per day declined 4.4 percent while weight per shipment increased 2.7 percent, resulting in a 1.8 percent decrease in tonnage per day. Billed revenue per hundredweight both including and excluding fuel, decreased approximately four percent, reflecting the heavier-weighted shipments. Billed revenue per shipment decreased 1.9 percent, due primarily to the seasonal step down in U-Pack moving shipments. The non-GAAP operating ratio increased by 370 basis points, due in part to three fewer revenue days.

Asset-Light

Fourth Quarter 2025 Versus Fourth Quarter 2024

●

Revenue of $353.5 million compared to $375.4 million, a per-day decrease of 5.1 percent

●

Shipments per day increase of 0.8 percent

●

Revenue per shipment decrease of 5.8 percent

●

Purchased transportation expense was 86.4 percent of revenue compared to 86.6 percent

●

Operating loss of $9.9 million compared to operating loss of $1.6 million

●

On a non-GAAP basis, breakeven operating results compared to operating loss of $5.9 million

●

Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”), as defined in the attached non-GAAP reconciliation tables, of $1.4 million compared to negative $4.2 million

Revenue declined primarily due to lower revenue per shipment in a soft-rate environment and a higher mix of managed transportation business, which typically involves smaller, lower-revenue shipments. Shipments per day were up slightly, as growth in managed solutions offset a strategic reduction in less profitable truckload volumes. Despite revenue declines, disciplined cost management and productivity gains enabled breakeven non-GAAP operating results.

Compared sequentially to the third quarter of 2025, fourth quarter daily revenue increased 4.2 percent despite a 3.0 percent decrease in shipments per day, reflecting a 7.4 percent increase in revenue per shipment. The increase in revenue per shipment was driven by higher spot rates, which raised customer pricing but also elevated purchased transportation costs and pressured margins. Operating expenses were lower, but the impact of three fewer revenue days resulted in breakeven non-GAAP operating results, compared to profit in the third quarter.

Full Year Results of Operations Comparisons

Asset-Based

Full Year 2025 Versus Full Year 2024

●

Revenue of $2.7 billion, compared to $2.8 billion, a per-day decrease of 0.2 percent

●

Tonnage per day increase of 1.2 percent

●

Shipments per day increase of 3.0 percent

●

Billed revenue per hundredweight decrease of 1.3 percent

●

Billed revenue per shipment decrease of 3.0 percent

●

Weight per shipment decrease of 1.7 percent

●

Operating income of $172.0 million and an operating ratio of 93.7 percent, which includes $15.7 million of net gains on asset sales, compared to $242.6 million and 91.2 percent

●

Non-GAAP operating income of $156.3 million and an operating ratio of 94.3 percent, compared to $242.6 million and 91.2 percent

Asset-Light

Full Year 2025 Versus Full Year 2024

●

Revenue of $1.4 billion compared to $1.6 billion, a per-day decrease of 9.0 percent

●

Shipments per day decrease of 1.8 percent

●

Revenue per shipment decrease of 7.4 percent

●

Purchased transportation expense was 85.3 percent of revenue compared to 86.3 percent

●

Operating loss of $15.3 million, compared to operating income of $58.4 million, which included a $90.3 million pre-tax change in the fair value of contingent earnout consideration related to the MoLo earnout

●

On a non-GAAP basis, operating income of $1.5 million compared to operating loss of $17.1 million

●

Adjusted EBITDA of $7.2 million compared to negative $9.8 million

●

Achieved record employee productivity, measured by shipments per person per day

Capital Expenditures

In 2025, total net capital expenditures, including equipment financed, were $198 million. This included $133 million of revenue equipment and $31 million in real estate, net of $25 million in proceeds from real estate sales. The majority of these investments supported ArcBest’s Asset-Based operation. Depreciation and amortization costs on property, plant and equipment were $158 million in 2025.

Share Repurchase and Quarterly Dividend Programs

ArcBest returned more than $86 million to shareholders in 2025 through both share repurchases and dividends, while continuing to make organic capital investments in the business. As of January 28, 2026, ArcBest had $100.8 million of repurchase authorization remaining under its current stock repurchase program. Management plans to continue acting opportunistically on repurchases based on share price, balanced against prioritizing high-return organic capital investments while maintaining prudent leverage levels.

Conference Call

ArcBest will host a conference call with company executives to discuss its quarterly results today, Friday, January 30, 2026, at 9:30 a.m. ET (8:30 a.m. CT). Interested parties may listen by dialing (800) 715-9871 and entering conference ID 6423434, or by accessing the webcast on ArcBest’s website at arcb.com. Presentation slides to accompany the call are included in Exhibit 99.3 of the Form 8-K filed on January 30, 2026, will be available for download on the company’s website prior to the start of the call, and will be included in the webcast. A replay of the call will be available through February 13, 2026, by dialing (800) 770-2030 and entering conference ID 6423434. The webcast replay will also be accessible on ArcBest’s website.

About ArcBest

ArcBest^® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 14,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux™, one of the TIME Best Inventions of 2023. For more information, visit arcb.com.

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements and information in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, statements regarding (i) our expectations about our intrinsic value or our prospects for growth and value creation and (ii) our financial outlook, position, strategies, goals, and expectations. Terms such as “anticipate,” “believe,” “could,” “designed,” “estimate,” “expect,” “forecast,” “foresee,” “intend,” “likely,” “may,” “plan,” “predict,” “project,” “scheduled,” “seek,” “should,” “would,” and similar expressions and the negatives of such terms are intended to identify forward-looking statements. These statements are based on management’s beliefs, assumptions, and expectations based on currently available information, are not guarantees of future performance, and involve certain risks and uncertainties (some of which are beyond our control). Although we believe that the expectations reflected in these forward-looking statements are reasonable as and when made, we cannot provide assurance that our expectations will prove to be correct and caution the reader not to place undue reliance on our forward-looking statements. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in these statements due to a number of factors, including, but not limited to: data privacy breaches, cybersecurity incidents, and/or failures of our information systems, including disruptions or failures of services essential to our operations or upon which our information technology platforms rely; interruption or failure of third-party software or information technology systems, including but not limited to licensed software; untimely or ineffective development and implementation of, or failure to realize the potential benefits associated with, new or enhanced technology or processes; the loss or reduction of business from large customers or an overall reduction in our customer base; the timing and performance of growth initiatives and the ability to manage our cost structure; the cost, integration, and performance of acquisitions and the inability to realize the anticipated benefits of the acquisition within the expected time period or at all; unsolicited takeover proposals, proxy contests, and other proposals or actions by activist investors; maintaining our corporate reputation and intellectual property rights; establishing and maintaining adequate internal controls over financial reporting; nationwide or global disruption in the supply chain resulting in increased volatility in freight volumes; competitive initiatives and pricing pressures; increased prices for and decreased availability of equipment, including new revenue equipment, and higher costs of equipment-related operating expenses such as maintenance, fuel, and related taxes; availability of fuel, the effect of volatility in fuel prices and the associated changes in fuel surcharges on securing increases in base freight rates, and the inability to collect fuel surcharges; relationships with employees, including unions, and our ability to attract, retain, and upskill employees; unfavorable terms of, or the inability to reach agreement on, future collective bargaining agreements or a workforce stoppage by our employees covered under ABF Freight’s collective bargaining agreement; union employee wages and benefits, including changes in required contributions to multiemployer plans; availability and cost of reliable third-party services; our ability to secure independent owner-operators and/or operational or regulatory issues related to our use of their services; litigation or claims asserted against us; the effects, costs and potential liabilities related to changes in and compliance with, or violation of, existing or future governmental laws and regulations, including, but not limited to, environmental laws and regulations, such as emissions-control regulations and fuel efficiency regulations; default on covenants of financing arrangements and the availability and terms of future financing arrangements; our ability to generate sufficient cash from operations to support significant ongoing capital expenditure requirements and other business initiatives; self-insurance claims, insurance premium costs, and loss of our ability to self-insure; potential impairment of long-lived assets and goodwill and intangible assets; the effects of a widespread outbreak of an illness or disease or any other public health crisis, as well as regulatory measures implemented in response to such events; external events which may adversely affect us or the third parties who provide services for us, for which our business continuity plans may not adequately prepare us, including, but not limited to, the occurrence of natural disasters, health epidemics, geopolitical conflicts, acts of war, cybersecurity incidents, or trade restrictions; general economic conditions and related shifts in market demand that impact the performance and needs of industries we serve and/or limit our customers’ access to adequate financial resources; seasonal fluctuations, adverse weather conditions, natural disasters, and climate change; and other financial, operational, and legal risks and uncertainties detailed from time to time in ArcBest Corporation’s public filings with the Securities and Exchange Commission (“SEC”).

For additional information regarding known material factors that could cause our actual results to differ from those expressed in these forward-looking statements, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events, or otherwise.

Financial Data and Operating Statistics

The following tables show financial data and operating statistics on ArcBest^® and its reportable segments.

ARCBEST CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS


	Three Months Ended				Year Ended
	December 31				December 31
	2025		2024		2025		2024

	(Unaudited)
	($ thousands, except share and per share data)
REVENUES	$	972,688	$	1,001,645	$	4,010,158	$	4,179,019

OPERATING EXPENSES		980,945		963,484		3,919,849		3,934,585

OPERATING INCOME		(8,257)		38,161		90,309		244,434

OTHER INCOME (COSTS)
Interest and dividend income		1,200		1,932		4,755		11,618
Interest and other related financing costs		(3,318)		(2,393)		(12,363)		(8,980)
Other, net		(180)		(240)		394		(28,358)
		(2,298)		(701)		(7,214)		(25,720)

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(10,555)		37,460		83,095		218,714

INCOME TAX PROVISION (BENEFIT)		(2,439)		8,425		22,997		45,353

NET INCOME (LOSS) FROM CONTINUING OPERATIONS		(8,116)		29,035		60,098		173,361

INCOME FROM DISCONTINUED OPERATIONS, net of tax⁽¹⁾		—		—		—		600

NET INCOME (LOSS)	$	(8,116)	$	29,035	$	60,098	$	173,961

BASIC EARNINGS PER COMMON SHARE⁽²⁾
Continuing operations	$	(0.36)	$	1.24	$	2.63	$	7.36
Discontinued operations⁽¹⁾		—		—		—		0.03
	$	(0.36)	$	1.24	$	2.63	$	7.39

DILUTED EARNINGS PER COMMON SHARE⁽²⁾
Continuing operations	$	(0.36)	$	1.24	$	2.62	$	7.28
Discontinued operations⁽¹⁾		—		—		—		0.03
	$	(0.36)	$	1.24	$	2.62	$	7.30

AVERAGE COMMON SHARES OUTSTANDING
Basic		22,497,300		23,410,038		22,837,401		23,553,410
Diluted		22,497,300		23,491,715		22,933,107		23,820,175

1)	Represents adjustments related to the gain on sale of FleetNet America^® (“FleetNet”), which sold on February 28, 2023.

2)	Earnings per common share is calculated in total and may not equal the sum of earnings per common share from continuing operations and discontinued operations due to rounding.

ARCBEST CORPORATION

CONSOLIDATED BALANCE SHEETS


	December 31
	2025		2024
	(Unaudited)		Note
	($ thousands, except share data)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	102,030	$	127,444
Short-term investments		22,204		29,759
Accounts receivable, less allowances (2025 - $7,763; 2024 - $8,257)		370,969		394,838
Other accounts receivable, less allowances (2025 - $656; 2024 - $648)		26,295		36,055
Prepaid expenses		49,399		47,860
Prepaid and refundable income taxes		45,405		28,641
Other		9,761		11,045
TOTAL CURRENT ASSETS		626,063		675,642

PROPERTY, PLANT AND EQUIPMENT
Land and structures		566,071		520,119
Revenue equipment		1,201,386		1,166,161
Service, office, and other equipment		363,340		351,907
Software		190,673		182,396
Leasehold improvements		41,531		32,263
		2,363,001		2,252,846
Less allowances for depreciation and amortization		1,219,564		1,186,800
PROPERTY, PLANT AND EQUIPMENT, net		1,143,437		1,066,046

GOODWILL		304,753		304,753
INTANGIBLE ASSETS, net		69,391		88,615
OPERATING RIGHT-OF-USE ASSETS		220,157		192,753
DEFERRED INCOME TAXES		9,303		9,536
OTHER LONG-TERM ASSETS		79,558		92,386
TOTAL ASSETS	$	2,452,662	$	2,429,731

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	154,487	$	172,763
Accrued expenses		378,125		394,880
Current portion of long-term debt		87,882		63,978
Current portion of operating lease liabilities		36,394		34,364
TOTAL CURRENT LIABILITIES		656,888		665,985

LONG-TERM DEBT, less current portion		135,974		125,156
OPERATING LEASE LIABILITIES, less current portion		204,333		189,978
POSTRETIREMENT LIABILITIES, less current portion		13,696		13,361
DEFERRED INCOME TAXES		111,580		78,649
OTHER LONG-TERM LIABILITIES		34,470		42,240

STOCKHOLDERS’ EQUITY
Common stock, $0.01 par value, authorized 70,000,000 shares; issued 2025: 30,489,886 shares; 2024: 30,401,768 shares		305		304
Additional paid-in capital		338,083		329,575
Retained earnings		1,484,378		1,435,250
Treasury stock, at cost, 2025: 8,140,368 shares; 2024: 7,114,844 shares		(526,606)		(451,039)
Accumulated other comprehensive income (loss)		(439)		272
TOTAL STOCKHOLDERS’ EQUITY		1,295,721		1,314,362
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	2,452,662	$	2,429,731

Note: The balance sheet at December 31, 2024 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

ARCBEST CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS


	Year Ended
	December 31
	2025		2024

	(Unaudited)
	($ thousands)
OPERATING ACTIVITIES
Net income	$	60,098	$	173,961
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		157,535		136,265
Amortization of intangibles		12,800		12,822
Share-based compensation expense		10,575		11,355
Provision for losses on accounts receivable		3,282		4,834
Change in deferred income taxes		33,372		22,437
Gain on sale of property and equipment		(15,308)		(2,176)
Pre-tax gain on sale of discontinued operations		—		(806)
Asset impairment charges		12,037		1,700
Change in fair value of contingent consideration		(2,650)		(90,250)
Change in fair value of equity investment		—		28,739
Changes in operating assets and liabilities:
Receivables		30,938		45,499
Prepaid expenses		(1,540)		(11,214)
Other assets		(8,344)		(4,120)
Income taxes		(16,579)		(14,956)
Operating right-of-use assets and lease liabilities, net		(11,019)		(7,205)
Accounts payable, accrued expenses, and other liabilities		(36,244)		(21,039)
NET CASH PROVIDED BY OPERATING ACTIVITIES		228,953		285,846

INVESTING ACTIVITIES
Purchases of property, plant and equipment, net of financings		(114,775)		(223,103)
Proceeds from sale of property and equipment		34,470		15,373
Purchases of short-term investments		(22,000)		(29,236)
Proceeds from sale of short-term investments		29,236		66,584
Capitalization of internally developed software		(13,391)		(16,897)
Other investing activities		9,756		—
NET CASH USED IN INVESTING ACTIVITIES		(76,704)		(187,279)

FINANCING ACTIVITIES
Borrowings under credit facilities		25,000		—
Payments on long-term debt		(108,133)		(120,518)
Net change in book overdrafts		(5,068)		(3,504)
Deferred financing costs		(859)		(62)
Payment of common stock dividends		(10,970)		(11,295)
Purchases of treasury stock		(75,567)		(75,233)
Payments for tax withheld on share-based compensation		(2,066)		(22,737)
NET CASH USED IN FINANCING ACTIVITIES		(177,663)		(233,349)

NET DECREASE IN CASH AND CASH EQUIVALENTS		(25,414)		(134,782)
Cash and cash equivalents at beginning of period		127,444		262,226
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	102,030	$	127,444

NONCASH INVESTING ACTIVITIES
Equipment financed	$	117,855	$	80,714
Accruals for equipment received	$	555	$	463
Lease liabilities arising from obtaining right-of-use assets	$	50,195	$	49,452

ARCBEST CORPORATION

FINANCIAL STATEMENT OPERATING SEGMENT DATA AND OPERATING RATIOS


	Three Months Ended								Year Ended
	December 31								December 31
	2025				2024				2025				2024

	(Unaudited)
	($ thousands, except percentages)
REVENUES FROM CONTINUING OPERATIONS
Asset-Based	$	648,790			$	656,220			$	2,734,871			$	2,750,134
Asset-Light		353,533				375,432				1,407,436				1,552,936
Other and eliminations		(29,635)				(30,007)				(132,149)				(124,051)
Total consolidated revenues from continuing operations	$	972,688			$	1,001,645			$	4,010,158			$	4,179,019

OPERATING EXPENSES FROM CONTINUING OPERATIONS
Asset-Based
Salaries, wages, and benefits	$	347,991	53.6	%	$	331,345	50.5	%	$	1,428,225	52.2	%	$	1,387,491	50.5	%
Fuel, supplies, and expenses		77,789	12.0			73,374	11.2			317,126	11.6			316,526	11.5
Operating taxes and licenses		13,215	2.0			13,432	2.0			53,545	2.0			54,056	2.0
Insurance		15,945	2.5			21,345	3.3			70,121	2.6			72,610	2.6
Communications and utilities		5,415	0.8			5,332	0.8			21,541	0.8			19,336	0.7
Depreciation and amortization		35,706	5.5			29,401	4.5			133,014	4.8			110,021	4.0
Rents and purchased transportation		67,203	10.4			64,726	9.8			291,704	10.7			274,312	10.0
Shared services		59,768	9.2			63,560	9.7			258,971	9.5			270,182	9.8
(Gain) loss on sale of property and equipment⁽¹⁾		192	—			827	0.1			(15,818)	(0.6)			(803)	—
Other		1,179	0.2			543	0.1			4,447	0.1			3,800	0.1
Total Asset-Based		624,403	96.2	%		603,885	92.0	%		2,562,876	93.7	%		2,507,531	91.2	%

Asset-Light
Purchased transportation	$	305,619	86.4	%	$	325,307	86.6	%	$	1,201,122	85.3	%	$	1,339,783	86.3	%
Salaries, wages, and benefits		22,969	6.5			27,493	7.3			99,060	7.0			118,983	7.7
Supplies and expenses		1,503	0.4			1,953	0.5			6,951	0.5			10,232	0.6
Depreciation and amortization⁽²⁾		4,624	1.3			4,908	1.3			18,494	1.3			20,062	1.3
Shared services		17,860	5.1			17,228	4.6			73,092	5.2			68,346	4.4
Contingent consideration⁽³⁾		—	—			(9,510)	(2.5)			(2,650)	(0.2)			(90,250)	(5.8)
Asset impairment charges⁽⁴⁾		6,640	1.9			1,700	0.5			6,640	0.5			1,700	0.1
Legal settlement⁽⁵⁾		—	—			274	0.1			—	—			274	—
Other		4,195	1.2			7,658	2.0			19,988	1.5			25,362	1.6
Total Asset-Light		363,410	102.8	%		377,011	100.4	%		1,422,697	101.1	%		1,494,492	96.2	%

Other and eliminations⁽⁶⁾		(6,868)				(17,412)				(65,724)				(67,438)
Total consolidated operating expenses from continuing operations	$	980,945	100.8	%	$	963,484	96.2	%	$	3,919,849	97.7	%	$	3,934,585	94.2	%

OPERATING INCOME (LOSS) FROM CONTINUING OPERATIONS
Asset-Based	$	24,387			$	52,335			$	171,995			$	242,603
Asset-Light		(9,877)				(1,579)				(15,261)				58,444
Other and eliminations⁽⁶⁾		(22,767)				(12,595)				(66,425)				(56,613)
Total consolidated operating income (loss) from continuing operations	$	(8,257)			$	38,161			$	90,309			$	244,434

1)	The year ended December 31, 2025 includes a net gain of $15.7 million, primarily related to two service center sales during third quarter 2025.

2)	Includes amortization of intangibles associated with acquired businesses.

Represents the change in fair value of the contingent earnout consideration recorded for the MoLo acquisition. The liability for contingent consideration is remeasured at each quarterly reporting date, and any change in fair value as a result of the recurring assessments is recognized in operating income (loss). The Company reduced the contingent consideration for the MoLo acquisition to zero in second quarter 2025, reflecting the probability of no earnout payment based on projections of adjusted earnings before interest, taxes, depreciation, and amortization for 2025.

The 2025 periods represent a noncash asset impairment charge recognized during fourth quarter 2025 related to the indefinite-lived intangible asset within the Asset-Light segment. The 2024 periods represent noncash asset impairment charges for certain revenue equipment and software recognized during fourth quarter 2024 as part of a strategic decision to adjust capacity within Asset-Light’s operations.

5)	Represents settlement expense related to the classification of certain Asset-Light employees under the Fair Labor Standards Act, which were paid during first quarter 2025.

Includes corporate costs for certain unallocated shared service costs which are not attributable to any segment, additional investments to offer comprehensive transportation and logistics services across multiple operating segments, costs related to our customer pilot offering of Vaux, and other investments in ArcBest technology and innovations. Also includes noncash asset impairment charges recognized during fourth quarter 2025 associated with the write-off of certain assets utilized in the freight handling pilot program.

ARCBEST CORPORATION

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES

Non-GAAP Financial Measures

We report our financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). However, management believes that certain non-GAAP performance measures and ratios utilized for internal analysis provide analysts, investors, and others the same information that we use internally for purposes of assessing our core operating performance and provides meaningful comparisons between current and prior period results, as well as important information regarding performance trends. Accordingly, non-GAAP results are presented on a continuing operations basis, excluding the discontinued operations of FleetNet, which sold on February 28, 2023. The use of certain non-GAAP measures improves comparability in analyzing our performance because it removes the impact of items from operating results that, in management's opinion, do not reflect our core operating performance. Other companies may calculate non-GAAP measures differently; therefore, our calculation may not be comparable to similarly titled measures of other companies. Certain information discussed in the scheduled conference call could be considered non-GAAP measures. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, our reported results. These financial measures should not be construed as better measurements than operating income (loss), net income (loss) or earnings per share, as determined under GAAP.


	Three Months Ended					Year Ended
	December 31					December 31
	2025		2024			2025		2024

ArcBest Corporation — Consolidated	(Unaudited)
	($ thousands, except per share data)
Operating Income (Loss) from Continuing Operations
Amounts on GAAP basis	$	(8,257)	$	38,161		$	90,309	$	244,434
Innovative technology costs, pre-tax⁽¹⁾		6,770		7,560			29,119		34,081
Purchase accounting amortization, pre-tax⁽²⁾		3,192		3,192			12,768		12,768
Change in fair value of contingent consideration, pre-tax⁽³⁾		—		(9,510)			(2,650)		(90,250)
Asset impairment charges, pre-tax⁽⁴⁾		12,037		1,700			12,037		1,700
Gain on sale of certain properties, pre-tax⁽⁵⁾		—		—			(15,726)		—
Legal settlement, pre-tax⁽⁶⁾		—		274			—		274
Non-GAAP amounts	$	13,742	$	41,377		$	125,857	$	203,007

Net Income (Loss) from Continuing Operations
Amounts on GAAP basis	$	(8,116)	$	29,035		$	60,098	$	173,361
Innovative technology costs, after-tax (includes related financing costs)⁽¹⁾		5,146		5,780			22,160		26,111
Purchase accounting amortization, after-tax⁽²⁾		2,398		2,401			9,593		9,603
Change in fair value of contingent consideration, after-tax⁽³⁾		—		(7,152)			(1,991)		(67,875)
Asset impairment charges, after-tax⁽⁴⁾		9,074		1,278			9,074		1,278
Gain on sale of certain properties, after-tax⁽⁵⁾		—		—			(11,778)		—
Legal settlement, after-tax⁽⁶⁾		—		206			—		206
Change in fair value of equity investment, after-tax⁽⁷⁾		—		—			—		21,603
Changes in cash surrender value and gains on life insurance policies		(250)		(311)			(3,339)		(3,317)
Tax expense (benefit) from vested RSUs⁽⁸⁾		(14)		(38)			986		(11,311)
Non-GAAP amounts	$	8,238	$	31,199		$	84,803	$	149,659

Diluted Earnings Per Share from Continuing Operations⁽⁹⁾
Amounts on GAAP basis	$	(0.36)	$	1.24		$	2.62	$	7.28
Innovative technology costs, after-tax (includes related financing costs)⁽¹⁾		0.23		0.25			0.97		1.10
Purchase accounting amortization, after-tax⁽²⁾		0.11		0.10			0.42		0.40
Change in fair value of contingent consideration, after-tax⁽³⁾		—		(0.30)			(0.09)		(2.85)
Asset impairment charges, after-tax⁽⁴⁾		0.40		0.05			0.40		0.05
Gain on sale of certain properties, after-tax⁽⁵⁾		—		—			(0.51)		—
Legal settlement, after-tax⁽⁶⁾		—		0.01			—		0.01
Change in fair value of equity investment, after-tax⁽⁷⁾		—		—			—		0.91
Changes in cash surrender value and gains on life insurance policies		(0.01)		(0.01)			(0.15)		(0.14)
Tax expense (benefit) from vested RSUs⁽⁸⁾		—		—			0.04		(0.47)
Non-GAAP amounts⁽¹⁰⁾	$	0.36	$	1.33		$	3.70	$	6.28

See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Corporation – Consolidated non-GAAP table.

ARCBEST CORPORATION

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES – Continued


	Three Months Ended								Year Ended
	December 31								December 31
	2025				2024				2025				2024

Segment Operating Income (Loss) Reconciliations	(Unaudited) ($ thousands, except percentages)

Asset-Based Segment
Operating Income ($) and Operating Ratio (% of revenues)
Amounts on GAAP basis	$	24,387	96.2	%	$	52,335	92.0	%	$	171,995	93.7	%	$	242,603	91.2	%
Gain on sale of certain properties, pre-tax⁽⁵⁾		—	—			—	—			(15,726)	0.6			—	—
Non-GAAP amounts⁽¹⁰⁾	$	24,387	96.2	%	$	52,335	92.0	%	$	156,269	94.3	%	$	242,603	91.2	%

Asset-Light Segment
Operating Income (Loss) ($) and Operating Ratio (% of revenues)
Amounts on GAAP basis	$	(9,877)	102.8	%	$	(1,579)	100.4	%	$	(15,261)	101.1	%	$	58,444	96.2	%
Purchase accounting amortization, pre-tax⁽²⁾		3,192	(0.9)			3,192	(0.9)			12,768	(0.9)			12,768	(0.8)
Change in fair value of contingent consideration, pre-tax⁽³⁾		—	—			(9,510)	2.5			(2,650)	0.2			(90,250)	5.8
Asset impairment charges, pre-tax⁽⁴⁾		6,640	(1.9)			1,700	(0.5)			6,640	(0.5)			1,700	(0.1)
Legal settlement, pre-tax⁽⁶⁾		—	—			274	(0.1)			—	—			274	—
Non-GAAP amounts⁽¹⁰⁾	$	(45)	100.0	%	$	(5,923)	101.6	%	$	1,497	99.9	%	$	(17,064)	101.1	%

Other and Eliminations
Operating Loss ($)
Amounts on GAAP basis	$	(22,767)			$	(12,595)			$	(66,425)			$	(56,613)
Innovative technology costs, pre-tax⁽¹⁾		6,770				7,560				29,119				34,081
Asset impairment charges, pre-tax⁽⁴⁾		5,397				—				5,397				—
Non-GAAP amounts	$	(10,600)			$	(5,035)			$	(31,909)			$	(22,532)

Note: See “Notes to Non-GAAP Financial Tables” for footnotes to this Segment Operating Income (Loss) Reconciliations non-GAAP table.

ARCBEST CORPORATION

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES – Continued

Effective Tax Rate Reconciliation

ArcBest Corporation - Consolidated

(Unaudited)

($ thousands, except percentages)

Three Months Ended December 31, 2025

Operating

Other

Income (Loss)

Income Tax

Net

CONTINUING OPERATIONS

Income

Before Income

Provision

Income

(Loss)

(Costs)

Taxes

(Benefit)

(Loss)

Tax Rate⁽¹¹⁾

Amounts on GAAP basis

(8,257)

(2,298)

(10,555)

(2,439)

(8,116)

(23.1)

Innovative technology costs⁽¹⁾

6,770

6,842

1,696

5,146

24.8

Purchase accounting amortization⁽²⁾

3,192

—

3,192

794

2,398

24.9

Asset impairment charges⁽⁴⁾

12,037

—

12,037

2,963

9,074

24.6

Changes in cash surrender value and gains on life insurance policies

—

(250)

—

(250)

—

Tax benefit from vested RSUs⁽⁸⁾

—

(14)

—

Non-GAAP amounts

13,742

(2,476)

11,266

3,028

8,238

26.9

Year Ended December 31, 2025

Other

Income

Operating

Income

Before Income

Tax

Net

Income

(Costs)

Taxes

Provision

Income

Tax Rate⁽¹¹⁾

Amounts on GAAP basis

90,309

(7,214)

83,095

22,997

60,098

27.7

Innovative technology costs⁽¹⁾

29,119

346

29,465

7,305

22,160

24.8

Purchase accounting amortization⁽²⁾

12,768

—

12,768

3,175

9,593

24.9

Change in fair value of contingent consideration⁽³⁾

(2,650)

—

(2,650)

(659)

(1,991)

(24.9)

Asset impairment charges⁽⁴⁾

12,037

—

12,037

2,963

9,074

24.6

Gain on sale of certain properties⁽⁵⁾

(15,726)

—

(15,726)

(3,948)

(11,778)

(25.1)

Changes in cash surrender value and gains on life insurance policies

—

(3,339)

—

(3,339)

—

Tax expense from vested RSUs⁽⁸⁾

—

(986)

986

—

Non-GAAP amounts

125,857

(10,207)

115,650

30,847

84,803

26.7


	Three Months Ended December 31, 2024
			Other		Income		Income
CONTINUING OPERATIONS	Operating		Income		Before Income		Tax		Net
	Income		(Costs)		Taxes		Provision		Income		Tax Rate⁽¹¹⁾
Amounts on GAAP basis	$	38,161	$	(701)	$	37,460	$	8,425	$	29,035	22.5	%
Innovative technology costs⁽¹⁾		7,560		126		7,686		1,906		5,780	24.8
Purchase accounting amortization⁽²⁾		3,192		—		3,192		791		2,401	24.8
Change in fair value of contingent consideration⁽³⁾		(9,510)		—		(9,510)		(2,358)		(7,152)	(24.8)
Asset impairment charges⁽⁴⁾		1,700		—		1,700		422		1,278	24.8
Legal settlement⁽⁶⁾		274		—		274		68		206	24.8
Life insurance proceeds and changes in cash surrender value		—		(311)		(311)		—		(311)	—
Tax benefit from vested RSUs⁽⁸⁾		—		—		—		38		(38)	—
Non-GAAP amounts	$	41,377	$	(886)	$	40,491	$	9,292	$	31,199	22.9	%


	Year Ended December 31, 2024
			Other		Income		Income
	Operating		Income		Before Income		Tax		Net
	Income		(Costs)		Taxes		Provision		Income		Tax Rate⁽¹¹⁾
Amounts on GAAP basis	$	244,434	$	(25,720)	$	218,714	$	45,353	$	173,361	20.7	%
Innovative technology costs⁽¹⁾		34,081		637		34,718		8,607		26,111	24.8
Purchase accounting amortization⁽²⁾		12,768		—		12,768		3,165		9,603	24.8
Change in fair value of contingent consideration⁽³⁾		(90,250)		—		(90,250)		(22,375)		(67,875)	(24.8)
Asset impairment charges⁽⁴⁾		1,700		—		1,700		422		1,278	24.8
Legal settlement⁽⁶⁾		274		—		274		68		206	24.8
Change in fair value of equity investment⁽⁷⁾		—		28,739		28,739		7,136		21,603	24.8
Life insurance proceeds and changes in cash surrender value		—		(3,317)		(3,317)		—		(3,317)	—
Tax benefit from vested RSUs⁽⁸⁾		—		—		—		11,311		(11,311)	—
Non-GAAP amounts	$	203,007	$	339	$	203,346	$	53,687	$	149,659	26.4	%

Note: See “Notes to Non-GAAP Financial Tables” for footnotes to this Effective Tax Rate Reconciliation non-GAAP table.

ARCBEST CORPORATION

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES – Continued

Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (Adjusted EBITDA)

Management uses Adjusted EBITDA as a key measure of performance and for business planning. The measure is particularly meaningful for analysis of operating performance because it excludes amortization of acquired intangibles and software of the Asset-Light segment, changes in the fair values of contingent consideration and equity investment, legal settlement, and asset impairment charges, which are significant expenses or gains resulting from strategic decisions or other factors rather than core daily operations. Additionally, Adjusted EBITDA is a primary component of the financial covenants contained in our credit agreement. The calculation of Consolidated Adjusted EBITDA as presented below begins with net income (loss) from continuing operations, which is the most directly comparable GAAP measure. The calculation of Asset-Light Adjusted EBITDA as presented below begins with operating income (loss), as other income (costs), income tax provision (benefit), and net income (loss) from continuing operations are reported at the consolidated level and not included in the operating segment financial information evaluated by management to make operating decisions.


	Three Months Ended						Year Ended
	December 31							December 31
	2025			2024			2025			2024

	(Unaudited)
	($ thousands)
ArcBest Corporation - Consolidated Adjusted EBITDA from Continuing Operations
Net Income (Loss) from Continuing Operations	$	(8,116)		$	29,035		$	60,098		$	173,361
Interest and other related financing costs		3,318			2,393			12,363			8,980
Income tax provision (benefit)		(2,439)			8,425			22,997			45,353
Depreciation and amortization⁽¹²⁾		45,045			39,367			170,335			149,087
Amortization of share-based compensation		1,671			2,315			10,575			11,355
Change in fair value of contingent consideration⁽³⁾		—			(9,510)			(2,650)			(90,250)
Asset impairment charges⁽⁴⁾		12,037			1,700			12,037			1,700
Legal settlement⁽⁶⁾		—			274			—			274
Change in fair value of equity investment⁽⁷⁾		—			—			—			28,739
Consolidated Adjusted EBITDA from Continuing Operations	$	51,516		$	73,999		$	285,755		$	328,599

Note: See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Corporation – Consolidated Adjusted EBITDA from Continuing Operations non-GAAP table.


	Three Months Ended				Year Ended
	December 31				December 31
	2025		2024		2025		2024

	(Unaudited)
	($ thousands)
Asset-Light Adjusted EBITDA
Operating Income (Loss)	$	(9,877)	$	(1,579)	$	(15,261)	$	58,444
Depreciation and amortization⁽¹²⁾		4,624		4,908		18,494		20,062
Change in fair value of contingent consideration⁽³⁾		—		(9,510)		(2,650)		(90,250)
Asset impairment charges⁽⁴⁾		6,640		1,700		6,640		1,700
Legal settlement⁽⁶⁾		—		274		—		274
Asset-Light Adjusted EBITDA	$	1,387	$	(4,207)	$	7,223	$	(9,770)

Note: See “Notes to Non-GAAP Financial Tables” for footnotes to this Asset-Light Adjusted EBITDA non-GAAP table.

ARCBEST CORPORATION

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES – Continued

Notes to Non-GAAP Financial Tables

The following footnotes apply to the non-GAAP financial tables presented in this press release.

1)	Represents costs related to our customer pilot offering of Vaux and initiatives to optimize our performance through technological innovation.

2)	Represents the amortization of acquired intangible assets in the Asset-Light segment.

3)	Represents change in fair value of the contingent earnout consideration recorded for the MoLo acquisition, as previously described in the footnotes to the Financial Statement Operating Segment Data and Operating Ratios table.

For the Asset-Light segment, the 2025 periods represent noncash asset impairment charges recognized during fourth quarter 2025 related to the indefinite-lived intangible assets, and 2024 periods represent noncash asset impairment charges for certain revenue equipment and software recognized during fourth quarter 2024 as part of a strategic decision to adjust capacity within Asset-Light’s operations. For “Other and Eliminations,” the 2025 periods represent the write-off of certain assets utilized in the freight handling pilot program.

5)	Primarily includes gains on two service center sales within the Asset-Based operations.

6)	Represents settlement expenses related to the classification of certain Asset-Light employees under the Fair Labor Standards Act, which were paid during first quarter 2025.

7)	Represents a noncash impairment charge to write off an equity investment in Phantom Auto, a provider of human-centered remote operation software, which ceased operations during first quarter 2024.

8)	Represents recognition of the tax impact for vesting of share-based compensation.

For fourth quarter 2025, ArcBest reported a net loss on a GAAP basis and reported net income on a non-GAAP basis. The average common shares outstanding used to calculate non-GAAP diluted earnings per share for fourth quarter 2025 were adjusted to include unvested restricted stock awards, which were excluded from the calculation of GAAP diluted earnings per share due to the net loss.


	Three Months Ended
	December 31, 2025
Average Common Shares Outstanding
Diluted shares on GAAP basis		22,497,300
Effect of unvested restricted stock awards		108,321
Non-GAAP diluted shares		22,605,621

10)	Non-GAAP amounts are calculated in total and may not equal the sum of GAAP amounts and non-GAAP adjustments due to rounding.

11)

Tax rate for total “Amounts on GAAP basis” represents the effective tax rate. The tax effects of non-GAAP adjustments are calculated based on the statutory rate applicable to each item based on tax jurisdiction unless the nature of the item requires the tax effect to be estimated by applying a specific tax treatment.

12)	Includes amortization of intangibles associated with acquired businesses.

ARCBEST CORPORATION

OPERATING STATISTICS


		Three Months Ended								Year Ended
		December 31								December 31
		2025			2024			% Change		2025			2024			% Change

		(Unaudited)
Asset-Based

Workdays			61.0			61.5					251.5			252.5

Billed Revenue⁽¹⁾ / CWT		$	47.94		$	49.27		(2.7%)		$	49.02		$	49.68		(1.3%)

Billed Revenue⁽¹⁾ / Shipment		$	524.75		$	538.20		(2.5%)		$	532.18		$	548.81		(3.0%)

Tonnage / Day			11,036			10,758		2.6%			11,104			10,968		1.2%

Shipments / Day			20,163			19,698		2.4%			20,456			19,856		3.0%

Shipments / DSY hour			0.435			0.441		(1.4%)			0.445			0.444		0.1%

Weight / Shipment			1,095			1,092		0.2%			1,086			1,105		(1.7%)

Average Length of Haul (Miles)			1,111			1,116		(0.5%)			1,124			1,126		(0.2%)

Revenue for undelivered freight is deferred for financial statement purposes in accordance with the Asset-Based segment revenue recognition policy. Billed revenue used for calculating revenue per hundredweight measurements has not been adjusted for the portion of revenue deferred for financial statement purposes.


		Year Over Year % Change
		Three Months Ended	Year Ended
		December 31, 2025	December 31, 2025

		(Unaudited)
Asset-Light

Revenue / Shipment		(5.8%)	(7.4%)

Shipments / Day		0.8%	(1.8%)

Shipments / Employee / Day		18.5%	16.9%

###

Exhibit 99.2

ArcBest^® is providing this exhibit as supplemental information to its scheduled conference call and the press release announcing the Company’s unaudited fourth quarter 2025 results filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K. Certain statements and information in this exhibit may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Refer to the “Forward-Looking Statements” disclosure at the end of this exhibit.

Non-GAAP Financial Measures

ArcBest reports its financial results in accordance with generally accepted accounting principles (“GAAP”); however, this exhibit includes certain non-GAAP information. Refer to the discussion of non-GAAP information included in Item 2.02 of the Current Report on Form 8-K to which this exhibit is included for further information, including reference to reconciliations of GAAP to non-GAAP financial measures provided by the Company.

Summary Operating and Financial Impacts

●

Statistics for January 2026 are preliminary but are not expected to differ materially from actual results.

●

There are 20.5 workdays in January 2026, and there were 22.0 workdays in January 2025.

●

There will be 62.5 workdays in 1Q’26, and there were 63.0 workdays in 1Q’25.

Asset-Based Operating Segment

●

Average price increase on contract renewals and deferred pricing agreements negotiated during 4Q’25: +5.0%

Year-over-Year Business Trends


	October 2025		November 2025		December 2025		January 2026

Billed Revenue⁽¹⁾ / Day	-1.9	%	+0.7	%	+1.1	%	flat
Tonnage / Day	-1.2	%	+3.3	%	+6.7	%	+8	%
Shipments / Day	+0.6	%	+3.3	%	+3.8	%	+3	%
Billed Revenue⁽¹⁾ / CWT	-0.7	%	-2.5	%	-5.3	%	-8	%
Billed Revenue⁽¹⁾ / Shipment	-2.4	%	-2.5	%	-2.6	%	-3	%
Weight / Shipment	-1.8	%	flat		+2.8	%	+5	%

1)	Revenue for undelivered freight is deferred for financial statement purposes in accordance with the Asset-Based segment revenue recognition policy. Billed revenue per day has not been adjusted for the portion of revenue deferred for financial statement purposes.

In January, daily shipments increased 3% year-over-year, weight per shipment rose 5%, and daily tonnage improved 8%. Both the current-year and prior-year periods were affected by winter weather. January 2025 saw lower weight per shipment due to a reduced mix of truckload-rated shipments. This mix shift contributed to the year-over-year increase in tonnage and the associated decline in revenue per hundredweight.

Sequentially, from December to January, weight per shipment remained consistent, while shipments per day declined 3% and tonnage per day decreased 4%, largely due to winter weather impacts. Revenue per hundredweight decreased 2%, due primarily to lower fuel surcharge revenue.

Historically, ABF’s non-GAAP operating ratio increases by about 260 basis points from the fourth quarter to the first quarter. We currently expect our first quarter operating ratio to increase approximately 100 to 200 basis points sequentially, an improvement relative to typical seasonality, due in part to a softer-than normal fourth quarter, though still reflective of the ongoing softness across the industry.

Asset-Light Operating Segment

Business Trends


	October 2025		November 2025		December 2025		January 2026

Revenue / Day (Year-over-Year)	-10.3	%	-1.8	%	-1.9	%	+6	%
Shipments / Day (Year-over-Year)	-2.7	%	+6.8	%	-0.4	%	+13	%
Revenue / Shipment (Year-over-Year)	-7.8	%	-8.0	%	-1.5	%	-7	%
Purchased Transportation Expense as a % of Revenue	86.5	%	85.5	%	87.3	%	87	%

In January, Asset-Light daily revenue increased 6% year-over-year. Shipment growth of 13% was led by Managed, however, its smaller average shipment size resulted in a lower overall revenue per shipment.

On a sequential basis, from December to January, daily revenue declined slightly while shipments increased 9% and revenue per shipment decreased by 9%, due to the continued growth in Managed.

For the first quarter, we expect an operating loss of up to $1 million, reflecting typical seasonality and current market conditions. This estimate excludes GAAP impacts from purchase accounting amortization, which we anticipate will total approximately $3 million for the quarter. Despite these near-term pressures, we remain committed to maintaining yield discipline, managing costs, and positioning the segment for sustainable, long-term profitability.

Additional Detailed Information

Consolidated Capital Expenditures 2025 Actual

●

Capital Expenditures, net of sales proceeds and including financed equipment: $198 million

o

Includes net revenue equipment purchases (primarily for Asset-Based) of $133 million, of which $118 million was financed through promissory note arrangements

o

Includes real estate expenditures of $31 million, which is net of $25 million in proceeds from real estate sales

o

The remaining amount of capital expenditures includes items related to technology and miscellaneous dock equipment upgrades and enhancements.

●

Depreciation and amortization costs on property, plant and equipment: $158 million

●

Intangible asset amortization, primarily reflecting purchase accounting amortization related to the MoLo acquisition: $13 million

Consolidated Capital Expenditures 2026 Projected

●

Capital Expenditures, net of sales proceeds and including financed equipment: $150 million to $170 million

o

Includes net revenue equipment purchases (primarily for Asset-Based) of $75 million to
$80 million, of which approximately $75 million will be financed through promissory note arrangements

o

Includes net real estate expenditures of $35 million to $45 million

o

The remaining amount of capital expenditures includes items related to technology and miscellaneous dock equipment upgrades and enhancements.

●

Depreciation and amortization costs on property, plant and equipment: approximately $180 million

●

Intangible asset amortization, primarily reflecting purchase accounting amortization related to the MoLo acquisition: $9 million

Share Repurchase Program

Based on repurchases settled through Wednesday, January 28, 2026, $100.8 million remains available under the current repurchase authorization for future common stock purchases.

Tax Rate

●

ArcBest’s fourth quarter 2025 effective GAAP tax rate for continuing operations was a benefit of 23.1%. The “Effective Tax Rate Reconciliation” table of ArcBest’s fourth quarter 2025 earnings press release in Exhibit 99.1 provides the reconciliation of GAAP to non-GAAP effective tax rates. The effective non-GAAP tax rate for fourth quarter 2025 was 26.9%. Under the current tax laws, we expect our first quarter 2026 non-GAAP tax rate for continuing operations to be in a range of 25.0% to 26.0%, and we expect our full year 2026 non-GAAP tax rate for continuing operations to be in a range of 26.0% to 27.0%. The effective tax rate may be impacted by discrete items that could occur throughout the year.

Asset-Based Annual Union Profit-Sharing Bonus

As provided in ABF Freight’s current Teamster labor contract, for the full years of 2024 through 2027, ABF Freight’s Teamster employees are eligible for an annual profit-sharing bonus, as shown in the following table. The operating ratio (“OR”) used to calculate the bonus amount is on a GAAP basis. The potential bonus would be based on full-year union employee earnings. While impacted by business and associated labor levels, which are subject to change, the estimate of one percent of the annual earnings for the ABF Freight union employees who are eligible for this benefit approximates $6 million - $6.5 million of union bonus expense.

During years in which ArcBest’s internal forecasts indicate an expectation of paying the union bonus, we will accrue for this expense throughout the year, generally in proportion of the quarterly results as a percentage of the annual projection. As we do not provide public updates on our projected operating ratio or our expectations for paying the union bonus, any details of amounts accrued will not be provided. If financial models reflect an operating ratio that meets the payout thresholds shown below, ArcBest encourages analysts to include expenses for the union bonus in quarterly and annual earnings per share projections for the company.


ABF Freight Published Annual OR (GAAP basis)	Bonus Amount
91.1 to 93.0	1%
89.1 to 91.0	2%
87.1 to 89.0	3%
87.0 or below	4%

“Other and eliminations” within Operating Income (Loss) on the Operating Segment Data and Operating Ratios statement

●

Includes innovative technology costs related to our freight handling pilot program with third-party customers and human-centered remote and automated operations, which are typically disclosed as a non-GAAP reconciling item.

●

It also includes certain overhead costs not attributable to other operating segments, including legal, investor relations, and other strategic expenses and investments.

●

Projected amounts for first quarter and full year 2026 and actual amounts for first quarter and full year 2025 are included below.


	Three Months Ended				Year Ended
	March 31				December 31
	2026		2025		2026		2025

	(in millions)
Innovative technology costs, pre-tax	$	7	$	8	$	26	$	29
Other costs, pre-tax	$	6	$	7	$	23	$	32
Total other and eliminations	$	13	$	15	$	49	$	61

Other Income (Costs) on the Consolidated Statements of Operations

●

Other income and costs include separate lines for interest income and interest expense.

●

The “Other, net” line primarily includes changes in cash surrender value of life insurance and expenses associated with non-operating properties.

o

The changes in cash surrender value of life insurance are typically disclosed as non-GAAP reconciling items.

o

As such, the non-GAAP amounts for “Other, net” are expected to be minimal.

●

Projected amounts for first quarter and full year 2026 and actual amounts for first quarter and full year 2025 are included below.


	Three Months Ended						Year Ended
	March 31						December 31
	2026			2025			2026			2025

	(in millions)
Interest and dividend income	$	1		$	1		$	4		$	5
Interest and other related financing costs	$	(3)		$	(3)		$	(13)		$	(12)
Other, net, excluding non-GAAP reconciling items	$	(1)		$	—		$	(3)		$	(3)

Forward-Looking Statements

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements and information in this exhibit may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, statements regarding (i) our expectations about our intrinsic value or our prospects for growth and value creation and (ii) our financial outlook, position, strategies, goals, and expectations. Terms such as “anticipate,” “believe,” “could,” “designed,” “estimate,” “expect,” “forecast,” “foresee,” “intend,” “likely,” “may,” “plan,” “predict,” “project,” “scheduled,” “seek,” “should,” “would,” and similar expressions and the negatives of such terms are intended to identify forward-looking statements. These statements are based on management’s beliefs, assumptions, and expectations based on currently available information, are not guarantees of future performance, and involve certain risks and uncertainties (some of which are beyond our control). Although we believe that the expectations reflected in these forward-looking statements are reasonable as and when made, we cannot provide assurance that our expectations will prove to be correct and caution the reader not to place undue reliance on our forward-looking statements. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in these statements due to a number of factors, including, but not limited to: data privacy breaches, cybersecurity incidents, and/or failures of our information systems, including disruptions or failures of services essential to our operations or upon which our information technology platforms rely; interruption or failure of third-party software or information technology systems, including but not limited to licensed software; untimely or ineffective development and implementation of, or failure to realize the potential benefits associated with, new or enhanced technology or processes; the loss or reduction of business from large customers or an overall reduction in our customer base; the timing and performance of growth initiatives and the ability to manage our cost structure; the cost, integration, and performance of acquisitions and the inability to realize the anticipated benefits of the acquisition within the expected time period or at all; unsolicited takeover proposals, proxy contests, and other proposals or actions by activist investors; maintaining our corporate reputation and intellectual property rights; establishing and maintaining adequate internal controls over financial reporting; nationwide or global disruption in the supply chain resulting in increased volatility in freight volumes; competitive initiatives and pricing pressures; increased prices for and decreased availability of equipment, including new revenue equipment, and higher costs of equipment-related operating expenses such as maintenance, fuel, and related taxes; availability of fuel, the effect of volatility in fuel prices and the associated changes in fuel surcharges on securing increases in base freight rates, and the inability to collect fuel surcharges; relationships with employees, including unions, and our ability to attract, retain, and upskill employees; unfavorable terms of, or the inability to reach agreement on, future collective bargaining agreements or a workforce stoppage by our employees covered under ABF Freight’s collective bargaining agreement; union employee wages and benefits, including changes in required contributions to multiemployer plans; availability and cost of reliable third-party services; our ability to secure independent owner-operators and/or operational or regulatory issues related to our use of their services; litigation or claims asserted against us; the effects, costs and potential liabilities related to changes in and compliance with, or violation of, existing or future governmental laws and regulations, including, but not limited to, environmental laws and regulations, such as emissions-control regulations and fuel efficiency regulations; default on covenants of financing arrangements and the availability and terms of future financing arrangements; our ability to generate sufficient cash from operations to support significant ongoing capital expenditure requirements and other business initiatives; self-insurance claims, insurance premium costs, and loss of our ability to self-insure; potential impairment of long-lived assets and goodwill and intangible assets; the effects of a widespread outbreak of an illness or disease or any other public health crisis, as well as regulatory measures implemented in response to such events; external events which may adversely affect us or the third parties who provide services for us, for which our business continuity plans may not adequately prepare us, including, but not limited to, the occurrence of natural disasters, health epidemics, geopolitical conflicts, acts of war, cybersecurity incidents, or trade restrictions; general economic conditions and related shifts in market demand that impact the performance and needs of industries we serve and/or limit our customers’ access to adequate financial resources; seasonal fluctuations, adverse weather conditions, natural disasters, and climate change; and other financial, operational, and legal risks and uncertainties detailed from time to time in ArcBest Corporation’s public filings with the Securities and Exchange Commission (“SEC”).

Exhibit 99.3

4Q’25 Earnings Presentation

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements and information in this presentation may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, statements regarding (i) our expectations about our intrinsic value or our prospects for growth and value creation and (ii) our financial outlook, position, strategies, goals, and expectations. Terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “foresee,” “intend,” “may,” “plan,” “predict,” “project,” “scheduled,” “should,” “would,” and similar expressions and the negatives of such terms are intended to identify forward-looking statements. These statements are based on management’s beliefs, assumptions, and expectations based on currently available information, are not guarantees of future performance, and involve certain risks and uncertainties (some of which are beyond our control). Although we believe that the expectations reflected in these forward-looking statements are reasonable as and when made, we cannot provide assurance that our expectations will prove to be correct. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in these statements due to a number of factors, including, but not limited to: the effects of a widespread outbreak of an illness or disease or any other public health crisis, as well as regulatory measures implemented in response to such events; external events which may adversely affect us or the third parties who provide services for us, for which our business continuity plans may not adequately prepare us, including, but not limited to, acts of war or terrorism, or military conflicts; data privacy breaches, cybersecurity incidents, and/or failures of our information systems, including disruptions or failures of services essential to our operations or upon which our information technology platforms rely; interruption or failure of third-party software or information technology systems or licenses; untimely or ineffective development and implementation of, or failure to realize the potential benefits associated with, new or enhanced technology or processes, including our customer pilot offering of Vaux; the loss or reduction of business from large customers or an overall reduction in our customer base; the timing and performance of growth initiatives and the ability to manage our cost structure; the cost, integration, and performance of any recent or future acquisitions and the inability to realize the anticipated benefits of the acquisition within the expected time period or at all; unsolicited takeover proposals, proxy contests, and other proposals/actions by activist investors; maintaining our corporate reputation and intellectual property rights; nationwide or global disruption in the supply chain resulting in increased volatility in freight volumes; competitive initiatives and pricing pressures; increased prices for and decreased availability of equipment, including new revenue equipment, decreases in value of used revenue equipment, and higher costs of equipment-related operating expenses such as maintenance, fuel, and related taxes; availability of fuel, the effect of volatility in fuel prices and the associated changes in fuel surcharges on securing increases in base freight rates, and the inability to collect fuel surcharges; relationships with employees, including unions, and our ability to attract, retain, and upskill employees; unfavorable terms of, or the inability to reach agreement on, future collective bargaining agreements or a workforce stoppage by our employees covered under ABF Freight’s collective bargaining agreement; union employee wages and benefits, including changes in required contributions to multiemployer plans; availability and cost of reliable third-party services; our ability to secure independent owner-operators and/or operational or regulatory issues related to our use of their services; litigation or claims asserted against us; governmental regulations; environmental laws and regulations, including emissions-control regulations; default on covenants of financing arrangements and the availability and terms of future financing arrangements; our ability to generate sufficient cash from operations to support significant ongoing capital expenditure requirements and other business initiatives; self-insurance claims, insurance premium costs, and loss of our ability to self-insure; potential impairment of long-lived assets and goodwill and intangible assets; general economic conditions and related shifts in market demand that impact the performance and needs of industries we serve and/or limit our customers’ access to adequate financial resources; increasing costs due to inflation and higher interest rates; seasonal fluctuations, adverse weather conditions, natural disasters, and climate change; and other financial, operational, and legal risks and uncertainties detailed from time to time in ArcBest Corporation’s public filings with the Securities and Exchange Commission (“SEC”). For additional information regarding known material factors that could cause our actual results to differ from those expressed in these forward-looking statements, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events, or otherwise. E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 2 F O R W A R D L O O K I N G S T A T E M E N T S

We are a leading integrated logistics company that leverages technology and a full suite of solutions to meet customers’ supply chain needs 70K+ CONTRACT CARRIERS 30K CUSTOMERS 14K EMPLOYEES A T A G L A N C E N A S D A Q : A R C B E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 3 1923 Founded Addressable Market* 99% United States Coverage ~240 Asset-Based Service Centers ~40K Owned Equipment Top 15 U.S. Truckload Broker ~$400B * Armstrong & Associates, US Department of Commerce, management estimates – July 2025.

M O T T O : V I S I O N S T R A T E G Y Creativity Integrity Collaboration Growth Excellence Wellness M I S S I O N “We’ll find a way” To connect and positively impact the world through solving logistics challenges To be the leading logistics partner and innovator, working with customers to build better supply chains across the globe To drive long-term value by delivering a premium experience and growing informed, trusted, innovative relationships V A L U E S We create solutions We do the right thing We work together We grow our people and our business We exceed expectations We embrace total health M O T T O : V I S I O N S T R A T E G Y Creativity Integrity Collaboration Growth Excellence Wellness M I S S I O N “We’ll find a way” To connect and positively impact the world through solving logistics challenges To be the leading logistics partner and innovator, working with customers to build better supply chains across the globe To drive long-term value by delivering a premium experience and growing informed, trusted, innovative relationships V A L U E S We create solutions We do the right thing We work together We grow our people and our business We exceed expectations We embrace total health E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 4

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 5 ARCBEST IS A STRATEGIC PARTNER TO CUSTOMERS Cost Savings Actionable Supply Chain Insights Operational Efficiencies P A R T N E R I N G W I T H C U S T O M E R S T O P R O V I D E C U S T O M E R S W A N T A N D N E E D Resiliency Flexibility Efficiency ArcBest Seamlessly Connects Customers & Reliability Capacity

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 6 ARCBEST SOLVES CUSTOMER NEEDS THROUGH MULTIPLE SOLUTIONS Less-than- Truckload Truckload Managed Expedite and Other Services Customers use an average of 4services

>3x Revenue & Profit per account is over 3X higher on cross-sold accounts Revenue & Profit >70% Over 70% of customers who use Asset-Light services also utilize Asset-Based services 5% Higher Customer Retention Asset-Light + Asset-Based Retention rates are 5 percentage points higher on cross-sold accounts than on single-solution accounts Shared resources provide scale and cost efficiencies Sales Technology Financial Services Human Resources E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 7 CUSTOMER-LED STRATEGY YIELDS RESULTS

16-19% Margin Expansion and Growth Strong EPS Growth 2028 FINANCIAL TARGETS Annual Operating Cash Flow 87%-90% Asset-Based Non-GAAP Operating Ratio(1) $40M-$70M Asset-Light Non-GAAP Operating Income(1) $400M-$500M $12-$15 Non-GAAP Diluted EPS (1)(2) Non-GAAP Return on Capital Employed(1) 1) See non-GAAP reconciliations in the Additional Information section of this presentation E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 2) Assumes consistent outstanding shares 8

Increasing EFFICIENCY Driving INNOVATION Accelerating PROFITABLE GROWTH ✓ Refined Go-to-Market Approach ✓ Maintaining Yield Discipline ✓ Expanding Quote Pool ✓ Enhancing Customer Service and Visibility Tools ✓ Network Capacity ✓ Fleet Optimization ✓ Continuous Improvement Training ✓ Innovation Portfolio ✓ Technology Roadmap STRATEGIC PILLARS E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 9

Marketing Yield Sales Customer Service Customer Obsessed Revenue Engine Aligned Growth Engine Teams E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 10 REFINED GO-TO-MARKET APPROACH Accelerating Managed Opportunities Growing Core LTL Business Growing Truckload Business & Optimizing Mix Enhancing Expedite Growth ACCELERATING PROFITABLE GROWTH

Clear Prioritization Narrowing the focus on new core LTL shipment growth Focused Sales Campaign Launched in 2024, resulted in ~2,000 new core LTL shipments per day Removing Barriers to Growth Including contract administration and EDI connections Greater Alignment With onboarding and retention resources to nurture customers E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 11 GROWING CORE LTL BUSINESS - 500 1,000 1,500 2,000 2,500 1Q'24 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4Q'25 Focused Sales Campaign Shipments per Day Growth Average Shipments Per Day ACCELERATING PROFITABLE GROWTH

2017 2018 2019 2020 2021 2022 2023 2024 2025 Average Managed Shipments Per Day E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 12 ACCELERATING MANAGED OPPORTUNITIES As Managed Solutions Grows, It Benefits All Solutions Retention Customers shipped in 2024, retained in 2025 90% PIPELINE $1B & GROWING Growth initiatives, digital advertising and ArcBest View will drive additional volume to Managed as of 4Q 2025 ACCELERATING PROFITABLE GROWTH Managed feeds 40% CAGR ‘17-25 LTL, Truckload and Expedite

MAINTAINING YIELD DISCIPLINE THROUGH CENTRALIZED PRICING STRATEGY $0 $25 $50 Revenue/CWT $0 $275 $550 Revenue/Shipment Cost Market Value Strongest LTL Pricing Metrics Among Competitors Peers ABF Legend: ~1.6x ~1.4x Peers as of 3Q 2025 What is the market price? How much will it cost to handle? What additional value are we providing? ABF 4Q 2025 Peers as of 3Q 2025 ABF 4Q 2025 E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 13 ACCELERATING PROFITABLE GROWTH

EXPANDING QUOTE POOL DRIVES PROFITABLE GROWTH Selectively fill capacity to optimize yield and profitability ArcBest View TMS Providers 3PLs NMFC Changes Profitable Growth E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 14 ACCELERATING PROFITABLE GROWTH

More quotes, more choices Drives additional incremental profit E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 15 DYNAMIC PRICE IMPROVES AS QUOTES GROW K 50K 100K 150K 200K 250K 2020 2021 2022 2023 2024 2025 Daily Dynamic Quotes ~50% More Rev/Ship Since 2020 ACCELERATING PROFITABLE GROWTH

8,820 8,820 8,955 9,254 9,497 135 299 243 100+ 2021 2022 2023 2024 2025 ~800 Net Door Expansion Since 2021 8,820 8,955 9,254 9,497 9,600+ Existing Doors New Doors Strategically Adding Capacity Revenue Growth E N A B L E S : Efficiency Productivity Service I M P R O V E S : E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 16 NETWORK CAPACITY Disciplined investments in our long-term LTL network facility roadmap INCREASING EFFICIENCY

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 17 FLEET OPTIMIZATION Disciplined investments in our fleet FLEET INVESTMENT • $160M annual reinvestment cycle • 40,000 owned and operated pieces of equipment FLEET EFFICIENCY • Maintaining young and modern fleet • Optimized total cost of ownership SAFETY • Piloting speed limiter and control technology • Implemented advanced safety features SUSTAINABILITY • Testing electric vehicles • EPA SmartWay partner since 2006 INCREASING EFFICIENCY

$24M COST SAVINGS IN 2025 Additional Runway to Expand Benefits by Training Additional Locations • Culture of continuous improvement • Deploying training teams • Expanding transfer capacity and performance management E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 18 CONTINUOUS IMPROVEMENT TRAINING Positioning our people for success Continuous improvement training successfully implemented across ~60% of the network 2024 2025 2026 INCREASING EFFICIENCY

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 19 INNOVATION PORTFOLIO 70+ Projects 60% Implemented 20% in Pilot Stages Drives growth, ongoing cost savings and service improvements Idea Pilot Learn Refine Expand Operationalize Iterative approach for optimization efforts DRIVING INNOVATION

2021 2022 2023 2024 2025 City Route Optimization phase 1 is complete, and the rollout of phases 2 & 3 delivered benefits across the ~40% of shipments reached in 2025 City Route Optimization Phases 1, 2 & 3 Realized Annual Savings $15M Per Year E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 20 OPTIMIZATION EXAMPLE Dynamic route optimization system with suite of tools Optimized Delivery Routes Daily Demand Projections Optimized Pickup Routes CITY ROUTE OPTIMIZATION TOOLS Leverages AI to reduce manual tasks, minimize costs and maximize utilization Leverages AI to reduce manual tasks, minimize costs and maximize utilization L A B E L DRIVING INNOVATION

Intelligent Planning & Optimization AI improves route planning, reducing manual work and maximizing asset utilization E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 21 AI ADOPTION & IMPACT ACROSS ARCBEST Delivering tangible productivity gains and enabling growth DRIVING INNOVATION Automated Decision Support AI-enhanced processes improve buy decisions and deliver measurable financial benefits 30+ Digital Operations Agents Over 30 AI agents streamline document handling, quoting, booking, and issue resolution Virtual Customer & Carrier Support AI-powered assistance routes inquiries, resolves common issues instantly, and supports teams 15-20% office employees using AI tools in daily work 120K+ automated email quotes 23K+ carriers used AI phone agent abandonment rate reduction Millions of unnecessary emails eliminated 50%

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 22 TECHNOLOGY ROADMAP Blending human relationships + tech to support processes and improve productivity Truckload Carrier 32% Portal Adoption Rate Digitally Augmented 59% Truckload Shipments Carrier Portal Quote Email Augmentation Appointment Scheduling Capacity Sourcing Augmentation Inbound Call Automation Pricing Enhancements DRIVING INNOVATION

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 23 Key Metrics A R C B E S T C O N S O L I D A T E D Q4 2025 vs Q4 2024 $973M ArcBest Consolidated Revenue $0.36 Non-GAAP Earnings per Diluted Share(1) $13.7M Non-GAAP Operating Income(1) Asset-Based 3% Asset-Light 73% 67% $28M $6M 1) See non-GAAP reconciliations in the Additional Information section of this presentation

Average Increase on Contract Renewals and Deferred Pricing Agreements Tonnage per Day Shipments per Day Billed Rev/CWT Weight per Shipment 3% Billed Revenue per Shipment 2% FLAT 3% 2% 5.0% E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 24 Key Metrics A S S E T - B A S E D Q4 2025 vs Q4 2024 Non-GAAP Operating Income(1) $24.4M 53% FLAT Per Day 96.2% Non-GAAP Operating Ratio(1) 420BPS Increase 1) See non-GAAP reconciliations in the Additional Information section of this presentation Asset-Based Revenue $649M

Lower Revenue per Shipment Softness in Manufacturing Higher Cost per Shipment Increased contracted union labor, rates, and higher depreciation 75 80 85 90 95 100 Non-GAAP Operating Ratio YoY Bridge Lower Rev/Ship and higher Cost/Ship added 420 bps E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 25 OPERATING RATIO BRIDGE K E Y D R I V E R S : Asset-Based 4Q24 to 4Q25 4Q’24 Non-GAAP Operating Ratio 4Q’25 Rev/Ship 4Q’25 Cost/Ship 4Q’25 Non-GAAP Operating Ratio See non-GAAP reconciliations in the Additional Information section of this presentation

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 26 LABOR PLANNING ALIGNS HEADCOUNT AND SHIPMENTS 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 5,000 5,500 6,000 6,500 7,000 7,500 8,000 8,500 1Q'19 2Q'19 3Q'19 4Q'19 1Q'20 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21 4Q'21 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23 2Q'23 3Q'23 4Q'23 1Q'24 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4Q'25 Shipments/Day Linehaul and DSY Headcount Linehaul, Dock, Street and Yard Headcount Shipments/Day Technology and Training Drives Productivity Gains

J A N U A R Y P R E L I M I N A R Y 3% E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 27 Key Metrics A S S E T - B A S E D Jan 2026 vs Jan 2025 Revenue per Day Tonnage per Day Shipments per Day Billed Rev/CWT FLAT Billed Revenue per Shipment Weight per Shipment 3% 8% 8% 5%

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 28 Key Metrics A S S E T - L I G H T Q4 2025 vs Q4 2024 $354M Non-GAAP Operating Income (1) BREAKEVEN Asset-Light Revenue Shipments per Day Revenue per Shipment 1) See non-GAAP reconciliations in the Additional Information section of this presentation Shipments per Employee per Day Purchased Transportation as % of Revenue: 86% 1% 6% 19% 5% per day

J A N U A R Y P R E L I M I N A R Y Revenue per Shipment E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 29 Key Metrics A S S E T - L I G H T Jan 2025 vs Jan 2024 7% Revenue per Day Shipments per Day Purchased Transportation as % of Revenue: 87% 6% 13%

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 30 ARCBEST IS DELIVERING SOLID RESULTS $2.8 $2.8 $3.8 $5.0 $4.4 $4.2 $4.0 2019 2020 2021 2022 2023 2024 2025 $112 $123 $314 $468 $258 $203 $126 2019 2020 2021 2022 2023 2024 2025 $2.96 $3.28 $8.40 $13.52 $7.88 $6.28 $3.70 2019 2020 2021 2022 2023 2024 2025 Revenues ($B, unaudited) (1) Operating Income ($M) (Non-GAAP, unaudited)(2) Earnings Per Share (Non-GAAP, unaudited)(2) 1) Revenue from continuing operations. See first footnote on “Notes to Non-GAAP Financial Tables” 2) See non-GAAP reconciliations in the Additional Information section of this presentation Earnings Revenues +43% Operating Income +12% Per Share +25%

94.5% 94.2% 88.8% 86.4% 90.4% 91.2% 94.3% 75% 80% 85% 90% 95% 2019 2020 2021 2022 2023 2024 2025 FREIGHT RECESSION COVID-19 IMPACTS Union Pension Impact on Operating Ratio E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 31 ASSET-BASED OPERATING RATIO FREIGHT RECESSION See non-GAAP reconciliations in the Additional Information section of this presentation

-$40 -$20 $0 $20 $40 $60 $80 $100 2019 2020 2021 2022 2023 2024 2025 FREIGHT RECESSION COVID-19 IMPACTS FREIGHT RECESSION E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 32 ASSET-LIGHT OPERATING INCOME compared to 2024 (Non-GAAP) $ IMPROVEMENT 19M See non-GAAP reconciliations in the Additional Information section of this presentation IN OPERATING RESULTS

Maintaining solid balance sheet and investment-grade credit metrics E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 33 BALANCED APPROACH TO CAPITAL ALLOCATION Returning cash to shareholders through share repurchases and dividends Prioritizing high-return, organic investments in real estate, equipment, and innovative projects Selectively using mergers & acquisitions to advance strategy Sustain & Drive Growth Return Capital Mergers & Acquisitions $170 $206 $324 $471 $322 $286 $229 2019 2020 2021 2022 2023 2024 2025 Operating Cash Flow

2019 - 2021 2022 - 2025 2026 - 2028 Target Normalization following ‘22-‘25 strategic investments Asset-Light strategy requires minimal capital Efficiency gains from tech, training, process improvements Rigorous capital investment evaluation Projected 2026 Net Capital Expenditures: $150M to $170M E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 34 CAPITAL INTENSITY DECREASING K E Y D R I V E R S : Positioned for growth without major new buildouts Capital Expenditures % of Revenue 4% 5% Below 5%

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 35 RETURN OF CAPITAL Increasing Returns to Shareholders Through Dividends and Share Repurchases $125M New $125M share repurchase program authorized $500M Nearly $500M returned to shareholders since 2019 Generates significant free cash flow, enabling opportunistic share repurchases STRONG OUTLOOK 0 50 100 150 200 250 300 350 400 450 500 2019 2020 2021 2022 2023 2024 2025 Cumulative Dividends Cumulative Share Repurchases

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 36 SOLID FINANCIAL FOUNDATION ~$800M of Current and Potential Capacity ~$400M Cash and Current Debt Capacity ~$400M Potential Future Debt Capacity(2) 1) See non-GAAP reconciliations in the Additional Information section of this presentation 2) Reflects available amounts under accordion features of the Credit Facility and Accounts Receivable Securitization agreements, as well as allowable equipment financing borrowings, as of 4Q 2025 -0.5 0 0.5 1 1.5 2 2019 2020 2021 2022 2023 2024 2025 Net Debt to EBITDA (Non-GAAP)(1) S&P 500 Net Debt to EBITDA ArcBest Net Debt to EBITDA

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 37 RETURN ON CAPITAL EMPLOYED 0% 5% 10% 15% 20% 25% 30% 2019 2020 2021 2022 2023 2024 2025 Return on Capital Employed (Non-GAAP) Disciplined capital allocation and strategic investments that deliver long-term growth DRIVES SUSTAINABLE VALUE See non-GAAP reconciliations in the Additional Information section of this presentation

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 38 Reconciliations of GAAP to Non-GAAP Financial Measures (Unaudited) Note: ArcBest Corporation reports its financial results in accordance with generally accepted accounting principles (“GAAP”). However, management believes that certain non-GAAP performance measures utilized for internal analysis provides analysts, investors, and others the same information that we use internally for purposes of assessing our core operating performance and provides meaningful comparisons between current and prior period results, as well as important information regarding performance trends. Accordingly, using these measures improves comparability in analyzing our performance because it removes the impact of items from operating results that, in management's opinion, do not reflect our core operating performance. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, our reported results. These financial measures should not be construed as better measurements than operating income, operating cash flow, net income or earnings per share, as determined under GAAP.

All forward-looking financial targets in this presentation assume a consolidated tax rate of 25%. Consolidated non-GAAP earnings per share and non-GAAP return on capital employed are non-GAAP financial measures that most closely correlate with consolidated earnings per share and return on capital employed. These non-GAAP measures exclude purchase accounting amortization, which is expected to total $7M pre-tax in 2028. These non-GAAP measures also exclude innovative technology costs, life insurance proceeds, changes in cash surrender value of life insurance policies and income taxes related to the annual vesting of restricted stock units, each of which cannot be estimated for 2028 and could be material. As a result, we are unable to provide quantitative reconciliations to the most closely correlated GAAP measure. Non-GAAP Asset-Based Operating Ratio is a non-GAAP financial measure that most closely correlates with Asset-Based Operating Ratio. Non-GAAP Asset-Based OR could be adjusted for non-recurring infrequent or unusual items. Because the timing, amount and nature of any adjustments are unknown, and any adjustments could be material in future periods, we are unable to provide quantitative reconciliations to the most closely correlated GAAP measure. Asset-Light non-GAAP operating income range of $40M to $70M excludes GAAP impacts from purchase accounting amortization, which are expected to total $7M in 2028. Including these impacts, the Asset-Light GAAP operating income would range from $33M to $63M in 2028. See reconciliation table to the right. E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 39 Forward-Looking Non-GAAP Financial Measures A D D I T I O N A L I N F O R M A T I O N RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited) 2028 Target Asset-Light – Operating Income ($ millions) Amounts on a GAAP basis $ 33 - 63 Purchase accounting amortization, pre-tax (1) 7 Non-GAAP amounts $ 40 - 70 1. Represents the amortization of acquired intangible assets in the Asset-Light segment.

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited) 4Q’25 4Q’24 ArcBest Consolidated – Operating Income (Loss) ($ millions) Amounts on a GAAP basis $ (8.3) $ 38.2 Innovative technology costs, pre-tax (1) 6.8 7.6 Purchase accounting amortization, pre-tax (2) 3.2 3.2 Change in fair value of contingent consideration, pre-tax (3) - (9.5) Asset impairment charges, pre-tax (4) 12.0 1.7 Legal settlement, pre-tax (5) - 0.3 Non-GAAP amounts (6) $ 13.7 $ 41.4 E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 40 ArcBest Consolidated 1. Represents costs related to our customer pilot offering of Vaux and initiatives to optimize our performance through technological innovation. 2. Represents the amortization of acquired intangible assets in the Asset-Light segment. 3. Represents change in fair value of the contingent earnout consideration recorded for the MoLo acquisition. 4. For the Asset-Light segment, the 2025 period represents noncash asset impairment charges recognized during fourth quarter 2025 related to the indefinite-lived intangible asset, and the 2024 period represents noncash asset impairment charges for certain revenue equipment and software recognized during fourth quarter 2024 as part of a strategic decision to adjust capacity within Asset-Light’s operations. For “Other and Eliminations,” the 2025 periods represent the write-off of certain assets utilized in the freight handling pilot program. 5. Represents settlement expenses related to the classification of certain Asset-Light employees under the Fair Labor Standards Act, which were paid during first quarter 2025. 6. Non-GAAP amounts are calculated in total and may not equal the sum of the GAAP and the non-GAAP adjustments due to rounding. A D D I T I O N A L I N F O R M A T I O N (continuing operations)(1)

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 41 ArcBest Consolidated (continuing operations)(1) RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited) 4Q’25 4Q’24 ArcBest Consolidated – Diluted Earnings Per Share (1) ($ millions) Amounts on a GAAP basis $ (0.36) $ 1.24 Innovative technology costs, after-tax (includes related financing costs) (2) 0.23 0.25 Purchase accounting amortization, after-tax (3) 0.11 0.10 Change in fair value of contingent consideration, after-tax (4) - (0.30) Asset impairment charges, after-tax (5) 0.40 0.05 Legal settlement, after-tax (6) - 0.01 Changes in cash surrender value and gains on life insurance policies (0.01) (0.01) Non-GAAP amounts (7) $ 0.36 $ 1.33 1. For fourth quarter 2025, ArcBest reported a net loss on a GAAP basis and reported net income on a non-GAAP basis. The average common shares outstanding used to calculate non-GAAP diluted earnings per share for fourth quarter 2025 were adjusted to include unvested restricted stock awards, which were excluded from the calculation of GAAP diluted earnings per share due to the net loss. 2. Represents costs related to our customer pilot offering of Vaux and initiatives to optimize our performance through technological innovation. 3. Represents the amortization of acquired intangible assets in the Asset-Light segment. 4. Represents change in fair value of the contingent earnout consideration recorded for the MoLo acquisition. 5. For the Asset-Light segment, the 2025 period represents noncash asset impairment charges recognized during fourth quarter 2025 related to the indefinite-lived intangible asset, and 2024 period represents noncash asset impairment charges for certain revenue equipment and software recognized during fourth quarter 2024 as part of a strategic decision to adjust capacity within Asset-Light’s operations. For “Other and Eliminations,” the 2025 period represents the write-off of certain assets utilized in the freight handling pilot program. 6. Represents settlement expenses related to the classification of certain Asset-Light employees under the Fair Labor Standards Act, which were paid during first quarter 2025. 7. Non-GAAP amounts are calculated in total and may not equal the sum of the GAAP and the non-GAAP adjustments due to rounding. Three Months Ended Average Common Shares Outstanding December 31, 2025 Diluted shares on GAAP basis 22,497,300 Effect of unvested restricted stock awards 108,321 Non-GAAP diluted shares 22,605,621 A D D I T I O N A L I N F O R M A T I O N

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 42 Asset-Light A D D I T I O N A L I N F O R M A T I O N RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES* (Unaudited) 4Q’25 4Q’24 Asset-Light – Operating Loss ($ millions) Amounts on a GAAP basis $ (9.9) $ (1.6) Purchase accounting amortization, pre-tax (1) 3.2 3.2 Change in fair value of contingent consideration, pre-tax (2) - (9.5) Asset impairment charge, pre-tax (3) 6.6 1.7 Legal settlement, pre-tax (4) - 0.3 Non-GAAP amounts (5) $ - $ (5.9) 1. Represents the amortization of acquired intangible assets in the Asset-Light segment. 2. Represents change in fair value of the contingent earnout consideration recorded for the MoLo acquisition. 3. The 2025 period represents noncash asset impairment charges recognized during fourth quarter 2025 related to the indefinite-lived intangible asset, and the 2024 period represents noncash asset impairment charges for certain revenue equipment and software recognized during fourth quarter 2024 as part of a strategic decision to adjust capacity within Asset-Light’s operations. 4. Represents settlement expenses related to the classification of certain Asset-Light employees under the Fair Labor Standards Act, which were paid during first quarter 2025. 5. Non-GAAP amounts are calculated in total and may not equal the sum of the GAAP and the non-GAAP adjustments due to rounding.

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 43 A D D I T I O N A L I N F O R M A T I O N RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES* (Unaudited) 2019 2020 2021 2022 2023 2024 2025 ArcBest Consolidated – Operating Income ($ millions) Amounts on a GAAP basis $57.9 $ 93.7 $ 277.0 $ 394.5 $ 172.6 $ 244.4 $ 90.3 Innovative technology costs, pre-tax (2) 20.7 25.6 32.8 40.8 52.4 34.1 29.1 Purchase accounting amortization, pre-tax (3) 4.2 3.7 5.3 12.9 12.8 12.8 12.8 Change in fair value of contingent consideration, pre-tax (4) - - - 18.3 (19.1) (90.3) (2.7) Asset impairment charges, pre-tax (5) 26.5 - - - 30.2 1.7 12.0 Legal settlement, pre-tax (6) - - - - 9.5 0.3 - Gain on sale of certain properties, pre-tax (7) - - - - - - (15.7) Gain on sale of subsidiaries, pre-tax (8) - - (6.9) (0.4) - - - Nonunion vacation policy enhancement, pre-tax (9) - - - 2.0 - - - Transaction costs, pre-tax (10) - - 6.0 - - - - ELD conversion costs, pre-tax (11) 2.7 - - - - - - Nonunion pension termination costs, pre-tax (12) 0.3 - - - - - - Non-GAAP amounts (13) $ 112.3 $ 123.1 $ 314.1 $ 468.1 $ 258.3 $ 203.0 $ 125.9 *See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Consolidated non-GAAP table ArcBest Consolidated (continuing operations)(1)

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 44 A D D I T I O N A L I N F O R M A T I O N *See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Consolidated non-GAAP table RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES* (Unaudited) 2019 2020 2021 2022 2023 2024 2025 ArcBest Consolidated – Diluted Earnings Per Share Amounts on a GAAP basis $ 1.33 $ 2.55 $ 7.86 $ 11.56 $ 5.77 $ 7.28 $ 2.62 Innovative technology costs, after-tax (includes related financing costs) (2) 0.59 0.74 0.93 1.21 1.61 1.10 0.97 Purchase accounting amortization, after-tax (3) 0.12 0.11 0.15 0.38 0.39 0.40 0.42 Change in fair value of contingent consideration, after-tax (4) - - - 0.54 (0.58) (2.85) (0.09) Changes in cash surrender value and gains on life insurance policies (0.14) (0.09) (0.15) 0.11 (0.19) (0.14) (0.15) Tax expense (benefit) from vested RSUs (14) 0.02 0.02 (0.29) (0.32) (0.21) (0.47) 0.04 Asset impairment charges, after-tax (5) 0.75 - - - 0.92 0.05 0.40 Legal settlement, after-tax (6) - - - - 0.29 0.01 - Change in fair value of equity investment, after-tax (15) - - - - (0.11) 0.91 - Gain on sale of certain properties, pre-tax (7) - - - - - - (0.51) Gain on sale of subsidiaries, after-tax (8) - - (0.20) (0.01) - - - Nonunion vacation policy enhancement, after-tax (9) - - - 0.06 - - - Tax credits (16) (0.10) (0.05) (0.06) 0.01 - - - Transaction costs, after-tax (10) - - 0.16 - - - - ELD conversion costs, after-tax (11) 0.08 - - - - - - Nonunion pension termination costs, after-tax (12) 0.01 - - - - - - Nonunion pension expense, including settlement expense, after-tax (17) 0.30 - - - - - - Non-GAAP amounts (13) $ 2.96 $ 3.28 $ 8.40 $ 13.52 $ 7.88 $ 6.28 $ 3.70 ArcBest Consolidated (continuing operations)(1)

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 45 Asset-Based A D D I T I O N A L I N F O R M A T I O N RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES* (Unaudited) 2019 2020 2021 2022 2023 2024 2025 Asset-Based Operating Income ($ millions, except percentages) Amounts on a GAAP basis $ 102.1 95.2% $ 98.9 95.3% $ 260.7 89.9% $ 381.1 87.3% $ 253.2 91.2% $ 242.6 91.2% $ 172.0 93.7% Gain on sale of certain properties, pre-tax (7) - - - - - - - - - - - - (15.7) 0.6 Innovative technology costs, pre-tax (2) 13.7 (0.6) 22.5 (1.1) 27.6 (1.1) 27.2 (0.9) 21.7 (0.8) - - - - Asset impairment charges, pre-tax (5) - - - - - - - - 0.7 - - - - - Nonunion vacation policy enhancement, pre-tax (9) - - - - - - 1.2 - - - - - - - ELD conversion costs, pre-tax (11) 2.7 (0.1) - - - - - - - - - - - - Nonunion pension termination costs, pre-tax (12) 0.3 - - - - - - - - - - - - - Non-GAAP amounts (13) $118.8 94.5% $ 121.3 94.2% $288.3 88.8% $409.6 86.4% $ 275.5 90.4% $ 242.6 91.2% $ 156.3 94.3%

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 46 Asset-Light A D D I T I O N A L I N F O R M A T I O N *See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Consolidated non-GAAP table RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES* (Unaudited) 2019 2020 2021 2022 2023 2024 2025 Asset-Light – Operating Income (Loss) ($ millions) Amounts on a GAAP basis $ (20.2) $ 9.7 $ 46.4 $ 52.7 $ (12.3) $ 58.4 $ (15.3) Purchase accounting amortization, pre-tax (3) 4.2 3.8 5.3 12.9 12.8 12.8 12.8 Change in fair value of contingent consideration, pre-tax (4) - - - 18.3 (19.1) (90.3) (2.7) Asset impairment charges, pre-tax (5) 26.5 - - - 14.4 1.7 6.6 Legal settlement, pre-tax (6) - - - - 9.5 0.3 - Gain on sale of subsidiaries, pre-tax (8) - - (6.9) (0.4) - - - Nonunion vacation policy enhancement, pre-tax (9) - - - 0.3 - - - Non-GAAP amounts (13) $ 10.5 $ 13.4 $ 44.7 $ 83.8 $ 5.3 $ (17.1) $ 1.5

E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 47 A D D I T I O N A L I N F O R M A T I O N *See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Consolidated non-GAAP table RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES* (Unaudited) 2019 2020 2021 2022 2023 2024 2025 ArcBest Consolidated – Adjusted EBITDA (18) ($ millions) Net Income (Amounts on a GAAP basis from continuing operations) $ 35.2 $ 67.3 $ 210.5 $ 294.6 $ 142.2 $ 173.4 $ 60.1 Interest and other related financing costs 11.5 11.7 8.9 7.7 9.1 9.0 12.4 Income tax provision 10.1 20.4 62.6 93.7 44.8 45.4 23.0 Depreciation and amortization (19) 111.1 116.8 122.6 138.2 145.3 149.1 170.3 Amortization of share-based compensation 9.4 10.3 11.2 12.5 11.4 11.4 10.6 Change in fair value of contingent consideration (4) - - - 18.3 (19.1) (90.3) (2.7) Asset impairment charges (5) 26.5 - - - 30.2 1.7 12.0 Legal settlement (6) - - - - 9.5 0.3 - Change in fair value of equity investment (15) - - - - (3.7) 28.7 - Gain on sale of subsidiaries, after-tax (8) - - (6.9) (0.4) - - - Transaction costs, after-tax (10) - - 6.0 - - - - Amortization of actuarial losses of benefit plans and pension settlement expense (20) 9.8 - - - - - - Consolidated Adjusted EBITDA (13) $ 213.6 $ 226.5 $ 414.8 $ 564.6 $ 369.6 $ 328.6 $ 285.8 ArcBest Consolidated (continuing operations)(1)

RETURN ON CAPITAL EMPLOYED (ROCE)(21) 2019 2020 2021 2022 2023 2024 2025 (Unaudited, $ millions) Net Income (Amounts on a GAAP basis from continuing operations) $ 35.2 $ 67.3 $ 210.5 $ 294.6 $ 142.2 $ 173.4 $ 60.1 Innovative technology costs, after-tax (includes related financing costs) (2) 15.7 19.6 24.9 30.8 39.7 26.1 22.2 Purchase accounting amortization, after-tax (3) 3.1 2.8 3.9 9.6 9.6 9.6 9.6 Changes in cash surrender value and gains on life insurance policies (3.7) (2.3) (4.1) 2.7 (4.6) (3.3) (3.3) Tax expense (benefit) from vested RSUs (14) 0.5 0.5 (7.6) (8.1) (5.3) (11.3) 1.0 Change in fair value of contingent consideration, after-tax (4) - - - 13.6 (14.4) (67.9) (2.0) Asset impairment charges, after-tax (5) 19.8 - - - 22.6 1.3 9.1 Legal settlement, after-tax (6) - - - - 7.1 0.2 - Gain on sale of certain properties, after-tax (7) - - - - - - (11.8) Change in fair value of equity investment, after-tax (15) - - - - (2.8) 21.6 - Gain on sale of subsidiaries, after-tax (8) - - (5.4) (0.3) - - - Nonunion vacation policy enhancement, after-tax (9) - - - 1.5 - - - Tax credits (16) (2.5) (1.3) (1.5) 0.2 - - - Transaction costs, after-tax (10) - - 4.4 - - - - Nonunion pension expense, including settlement expense, after-tax (17) 8.0 0.1 - - - - - ELD conversion costs, after-tax (11) 2.0 - - - - - - Nonunion pension termination costs, after-tax (12) 0.3 - - - - - - After-tax interest expense (22) 8.7 8.8 6.5 5.7 6.7 6.6 9.1 ROCE Earnings (13) $ 87.1 $ 95.5 $ 231.5 $ 350.5 $ 200.8 $ 156.3 $ 93.9 Beginning equity 717.7 763.0 828.6 929.1 1,151.4 1,242.4 1,314.4 Ending equity 763.0 828.6 929.1 1,151.4 1,242.4 1,314.4 1,295.7 Average Total Equity (23) $ 740.4 $ 795.8 $ 878.8 $ 1,040.2 $ 1,196.9 $ 1,278.4 $ 1,305.0 Beginning debt 291.7 323.5 284.2 225.5 264.6 228.9 189.1 Ending debt 323.5 284.2 225.5 264.6 228.9 189.1 223.9 Average Total Debt (24) $ 307.6 $ 303.9 $ 254.9 $ 245.1 $ 246.8 $ 209.0 $ 206.5 Average Capital Employed $ 1,048.0 $ 1,099.7 $ 1,133.7 $ 1285.3 $ 1,443.7 $ 1,487.4 $ 1,511.5 ROCE (percent) 8% 9% 20% 27% 14% 11% 6% A D D I T I O N A L I N F O R M A T I O N *See “Notes to Non-GAAP Financial Tables” for footnotes to this ArcBest Consolidated non-GAAP table ArcBest Consolidated (continuing operations)(1)

The following footnotes apply to the non-GAAP financial tables on the previous six slides in this presentation: 1) Historical results of FleetNet have been excluded from results for all periods presented, and reclassifications have been made to the prior-period financial statements to conform to current-year presentation. 2) Represents costs related to our customer pilot offering of Vaux and initiatives to optimize our performance through technological innovation. The 2019-2023 periods also include costs associated with the freight handling pilot test program at ABF Freight, for which the decision was made to pause the pilot during third quarter 2023. Costs for 2019-2020 have been adjusted to conform to the current-year presentation. 3) Represents the amortization of acquired intangible assets in the Asset-Light segment. 4) Represents change in fair value of the contingent earnout consideration recorded for the MoLo acquisition. 5) The 2025 periods represent noncash asset impairment charges recognized during fourth quarter 2025 related to the indefinite-lived intangible assets within Asset-Light’s segment and the write-off of certain assets utilized in the freight handling pilot program. The 2024 periods represent noncash asset impairment charges for certain revenue equipment and software recognized during fourth quarter 2024 as part of a strategic decision to adjust capacity within Asset-Light’s operations. The 2023 periods represent noncash lease-related impairment charges for a freight handling pilot facility, an Asset-Based service center, and Asset-Light office spaces that were made available for sublease. The 2019 periods represent a noncash impairment charge recognized in fourth quarter related to a portion of the goodwill, customer relationship intangible assets, and revenue equipment associated with the acquisition of truckload brokerage and truckload dedicated businesses within the Asset-Light segment. 6) Represents settlement expenses related to the classification of certain Asset-Light employees under the Fair Labor Standards Act, which were paid during first quarter 2025. 7) Primarily includes gains on two service center sales within the Asset-Based operations. 8) Gains associated with the April 2021 divestures of moving services subsidiaries for which the gains were recognized in second quarter 2021, when the contingent consideration was received on the transactions, as well as including the contingent amount recognized in second quarter 2022 when the funds were released to escrow. 9) Represents a one-time, noncash charge for enhancements to our nonunion vacation policy which were effective third quarter 2022. 10) Represents costs associated with the November 1, 2021, acquisition of MoLo Solutions, LLC. 11) Impairment charges related to equipment replacement and other one-time costs incurred to comply with the electronic logging device (“ELD”) mandate which became effective in December 2019. 12) Consulting fee incurred in third quarter 2019 associated with the termination of the nonunion defined benefit pension plan. 13) Non-GAAP amounts are calculated in total and may not equal the sum of the GAAP and the non-GAAP adjustments due to rounding. 14) Represents recognition of the tax impact for the vesting of share-based compensation. 15) For 2024, represents a noncash impairment charge to write off an equity investment in Phantom Auto, a provider of human-centered remote operation software, which ceased operations during first quarter 2024. For 2023, represents the increase in fair value of an investment in Phantom Auto based on observable price changes during second quarter 2023. 16) Represents tax credits recognized in the tax provision which relate to a prior tax year due to timing of recognition or retroactive reinstatement of the tax credits. Includes amounts related to alternative fuel tax credit in 2018, 2019 and 2022. Includes amounts related to research and development tax credit in 2019, 2020 and 2021. The 2022 period also includes amounts related to the alternative fuel tax credit for the year ended December 31, 2021 which were recorded in third quarter 2022. 17) Represents nonunion pension expense, including pension settlement and termination expense, related to the Company’s nonunion defined benefit pension plan for which plan termination was completed in 2019. Also includes pension settlement expense related to the Company’s supplemental benefit plan. 18) Adjusted EBITDA is a primary component of the financial covenants contained in ArcBest Corporation’s Fifth Amended and Restated Credit Agreement. Management believes Adjusted EBITDA to be relevant and useful information, as EBITDA is a standard measure commonly reported and widely used by analysts, investors, and others to measure financial performance and ability to service debt obligations. Furthermore, management uses Adjusted EBITDA as a key measure of performance and for business planning. However, these non-GAAP financial measures should not be construed as better measurements than operating income (loss), operating cash flow, net income, or earnings per share, as determined under GAAP. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, our reported results. Other companies may calculate EBITDA differently; therefore, our Adjusted EBITDA may not be comparable to similarly titled measures of other companies 19) Includes amortization of intangibles associated with acquired businesses. 20) Includes pre-tax pension settlement expense of $4.2 million related to the Company’s nonunion defined benefit pension plan, for which plan termination was completed as of December 31, 2019, and a $4.0 million noncash pension termination expense related to an amount which was stranded in accumulated other comprehensive income until the pension benefit obligation was settled upon plan termination. 21) Management uses Adjusted Return on Capital Employed (ROCE) as a measure of the profitability of the company's capital employed in its business operations. ROCE is a good indicator of long-term company and management performance as it relates to capital efficiency. The calculation of ROCE as presented below begins with the numerator of Net Income from Continuing Operations and the denominator of Average Debt and Average Total Equity. The Net Income from Continuing Operations is adjusted for Non-GAAP items and after-tax interest expense. 22) After-tax interest expense is interest and other related financing costs, net of an assumed 26.7% tax rate in 2025. 23) Average total equity is the average of the beginning and ending total stockholders’ equity. 24) Average total debt is the average of the beginning and ending current portion of long-term debt and long-term debt, less current portion. E A R N I N G S P R E S E N T A T I O N | 4 Q ' 2 5 49 Notes to Non-GAAP Financial Tables