ArcBest (ARCB) 8-K ArcBestSM Announces Fourth Quarter 2016 And Full Year 2016 Results

Exhibit 99.2

ARCBEST CORPORATION

SUPPLEMENTAL SEGMENT INFORMATION FOR 2016

	Three Months		Three Months		Three Months		Three Months
	Ended		Ended		Ended		Ended
	March 31(1)		June 30(1)		September 30(1)		December 31
	2016		2016		2016		2016
	Unaudited
	($ thousands)
REVENUES
Asset-Based	$	439,063	$	486,251	$	509,001	$	482,079
ArcBest		142,397		154,347		170,991		172,999
FleetNet		43,564		41,780		39,073		38,212
Total Asset-Light		185,961		196,127		210,064		211,211
Other and eliminations		(3,569)		(5,751)		(5,142)		(5,076)
Total consolidated revenues	$	621,455	$	676,627	$	713,923	$	688,214
OPERATING EXPENSES
Asset-Based
Salaries, wages, and benefits	$	296,162	$	303,214	$	312,008	$	301,027
Fuel, supplies, and expenses		66,689		72,279		71,773		71,886
Operating taxes and licenses		11,980		12,154		12,312		11,990
Insurance		6,466		7,660		8,487		6,722
Communications and utilities		4,372		4,279		4,608		4,820
Depreciation and amortization		20,392		20,911		20,753		21,514
Rents and purchased transportation		39,696		47,800		58,350		53,310
Gain on sale of property and equipment		(172)		(2,197)		(81)		(529)
Pension settlement expense		677		424		604		569
Other		1,800		2,355		2,137		2,449
Restructuring costs		—		—		—		1,173
Total Asset-Based		448,062		468,879		490,951		474,931
ArcBest
Purchased transportation		111,831		121,502		132,891		135,629
Salaries, wages, and benefits		18,581		17,668		17,782		16,826
Supplies and expenses		4,418		4,641		5,210		5,010
Depreciation and amortization		3,465		3,475		3,698		3,513
Other		4,094		4,888		5,141		5,569
Restructuring costs		—		—		—		8,038
		142,389		152,174		164,722		174,585
FleetNet		42,580		41,184		38,952		37,488
Total Asset-Light		184,969		193,358		203,674		212,073
Other and eliminations		(2,311)		(2,264)		(1,072)		(1)
Total consolidated operating expenses and costs	$	630,720	$	659,973	$	693,553	$	687,003
OPERATING INCOME
Asset-Based	$	(8,999)	$	17,372	$	18,050	$	7,148
ArcBest		8		2,173		6,269		(1,586)
FleetNet		984		596		121		724
Other		(1,258)		(3,487)		(4,070)		(5,075)
Total consolidated operating income	$	(9,265)	$	16,654	$	20,370	$	1,211

⁽¹⁾ Certain restatements have been made to the prior periods operating segment data to conform to the current period presentation, reflecting the realignment of the Company’s organizational structure as discussed in Exhibit 99.1 to the Form 8-K dated February 8, 2017.

Exhibit 99.2

ARCBEST CORPORATION

SUPPLEMENTAL SEGMENT INFORMATION FOR 2015

	Three Months		Three Months		Three Months		Three Months
	Ended		Ended		Ended		Ended
	March 31(1)		June 30(1)		September 30(1)		December 31(1)
	2015		2015		2015		2015
	Unaudited
	($ thousands)
REVENUES
Asset-Based	$	440,812	$	503,902	$	510,849	$	461,016
ArcBest		132,729		153,791		157,730		146,186
FleetNet		42,489		42,015		45,181		45,267
Total Asset-Light		175,218		195,806		202,911		191,453
Other and eliminations		(2,754)		(3,593)		(4,380)		(4,335)
Total consolidated revenues	$	613,276	$	696,115	$	709,380	$	648,134
OPERATING EXPENSES
Asset-Based
Salaries, wages, and benefits	$	277,976	$	301,171	$	304,369	$	288,973
Fuel, supplies, and expenses		79,026		79,646		77,707		70,966
Operating taxes and licenses		11,996		12,322		12,444		12,230
Insurance		5,785		6,267		8,288		8,507
Communications and utilities		3,985		3,766		3,808		4,570
Depreciation and amortization		17,400		18,286		18,841		20,238
Rents and purchased transportation		41,844		52,380		56,920		45,929
Gain on sale of property and equipment		(244)		(594)		(565)		(332)
Pension settlement expense		840		448		572		544
Other		2,161		2,118		1,888		1,666
Total Asset-Based		440,769		475,810		484,272		453,291
ArcBest
Purchased transportation		104,803		119,137		122,726		113,572
Salaries, wages, and benefits		14,964		14,933		15,502		17,039
Supplies and expenses		3,361		3,544		4,009		4,586
Depreciation and amortization		3,421		3,378		3,222		3,354
Other		4,740		4,357		4,925		4,071
		131,289		145,349		150,384		142,622
FleetNet		41,319		40,998		44,225		45,456
Total Asset-Light		172,608		186,347		194,609		188,078
Other and eliminations		(1,381)		492		(2,939)		(547)
Total consolidated operating expenses and costs	$	611,996	$	662,649	$	675,942	$	640,822
OPERATING INCOME
Asset-Based	$	43	$	28,092	$	26,577	$	7,725
ArcBest		1,440		8,442		7,346		3,564
FleetNet		1,170		1,017		956		(189)
Other		(1,373)		(4,085)		(1,441)		(3,788)
Total consolidated operating income	$	1,280	$	33,466	$	33,438	$	7,312

⁽¹⁾ Certain restatements have been made to the prior periods operating segment data to conform to the current period presentation, reflecting the realignment of the Company’s organizational structure as discussed in Exhibit 99.1 to the Form 8-K dated February 8, 2017.