Exhibit 99.2
ARCBEST CORPORATION
SUPPLEMENTAL SEGMENT INFORMATION FOR 2016
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| Three Months |
| Three Months |
| Three Months |
| Three Months |
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| Ended |
| Ended |
| Ended |
| Ended |
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| March 31(1) |
| June 30(1) |
| September 30(1) |
| December 31 |
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| 2016 |
| 2016 |
| 2016 |
| 2016 |
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| Unaudited |
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| ($ thousands) |
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REVENUES |
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Asset-Based |
| $ | 439,063 |
| $ | 486,251 |
| $ | 509,001 |
| $ | 482,079 |
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ArcBest |
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| 142,397 |
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| 154,347 |
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| 170,991 |
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| 172,999 |
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FleetNet |
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| 43,564 |
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| 41,780 |
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| 39,073 |
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| 38,212 |
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Total Asset-Light |
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| 185,961 |
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| 196,127 |
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| 210,064 |
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| 211,211 |
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Other and eliminations |
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| (3,569) |
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| (5,751) |
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| (5,142) |
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| (5,076) |
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Total consolidated revenues |
| $ | 621,455 |
| $ | 676,627 |
| $ | 713,923 |
| $ | 688,214 |
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OPERATING EXPENSES |
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Asset-Based |
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Salaries, wages, and benefits |
| $ | 296,162 |
| $ | 303,214 |
| $ | 312,008 |
| $ | 301,027 |
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Fuel, supplies, and expenses |
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| 66,689 |
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| 72,279 |
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| 71,773 |
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| 71,886 |
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Operating taxes and licenses |
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| 11,980 |
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| 12,154 |
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| 12,312 |
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| 11,990 |
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Insurance |
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| 6,466 |
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| 7,660 |
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| 8,487 |
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| 6,722 |
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Communications and utilities |
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| 4,372 |
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| 4,279 |
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| 4,608 |
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| 4,820 |
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Depreciation and amortization |
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| 20,392 |
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| 20,911 |
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| 20,753 |
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| 21,514 |
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Rents and purchased transportation |
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| 39,696 |
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| 47,800 |
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| 58,350 |
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| 53,310 |
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Gain on sale of property and equipment |
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| (172) |
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| (2,197) |
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| (81) |
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| (529) |
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Pension settlement expense |
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| 677 |
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| 424 |
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| 604 |
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| 569 |
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Other |
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| 1,800 |
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| 2,355 |
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| 2,137 |
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| 2,449 |
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Restructuring costs |
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| — |
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| — |
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| — |
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| 1,173 |
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Total Asset-Based |
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| 448,062 |
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| 468,879 |
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| 490,951 |
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| 474,931 |
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ArcBest |
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Purchased transportation |
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| 111,831 |
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| 121,502 |
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| 132,891 |
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| 135,629 |
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Salaries, wages, and benefits |
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| 18,581 |
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| 17,668 |
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| 17,782 |
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| 16,826 |
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Supplies and expenses |
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| 4,418 |
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| 4,641 |
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| 5,210 |
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| 5,010 |
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Depreciation and amortization |
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| 3,465 |
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| 3,475 |
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| 3,698 |
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| 3,513 |
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Other |
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| 4,094 |
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| 4,888 |
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| 5,141 |
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| 5,569 |
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Restructuring costs |
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| — |
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| — |
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| — |
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| 8,038 |
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| 142,389 |
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| 152,174 |
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| 164,722 |
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| 174,585 |
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FleetNet |
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| 42,580 |
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| 41,184 |
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| 38,952 |
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| 37,488 |
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Total Asset-Light |
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| 184,969 |
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| 193,358 |
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| 203,674 |
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| 212,073 |
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Other and eliminations |
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| (2,311) |
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| (2,264) |
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| (1,072) |
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| (1) |
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Total consolidated operating expenses and costs |
| $ | 630,720 |
| $ | 659,973 |
| $ | 693,553 |
| $ | 687,003 |
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OPERATING INCOME |
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Asset-Based |
| $ | (8,999) |
| $ | 17,372 |
| $ | 18,050 |
| $ | 7,148 |
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ArcBest |
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| 8 |
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| 2,173 |
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| 6,269 |
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| (1,586) |
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FleetNet |
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| 984 |
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| 596 |
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| 121 |
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| 724 |
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Other |
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| (1,258) |
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| (3,487) |
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| (4,070) |
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| (5,075) |
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Total consolidated operating income |
| $ | (9,265) |
| $ | 16,654 |
| $ | 20,370 |
| $ | 1,211 |
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(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
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| Three Months |
| Three Months |
| Three Months |
| Three Months |
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| Ended |
| Ended |
| Ended |
| Ended |
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| March 31(1) |
| June 30(1) |
| September 30(1) |
| December 31(1) |
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| 2015 |
| 2015 |
| 2015 |
| 2015 |
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| Unaudited |
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| ($ thousands) |
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REVENUES |
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Asset-Based |
| $ | 440,812 |
| $ | 503,902 |
| $ | 510,849 |
| $ | 461,016 |
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ArcBest |
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| 132,729 |
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| 153,791 |
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| 157,730 |
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| 146,186 |
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FleetNet |
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| 42,489 |
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| 42,015 |
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| 45,181 |
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| 45,267 |
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Total Asset-Light |
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| 175,218 |
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| 195,806 |
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| 202,911 |
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| 191,453 |
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Other and eliminations |
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| (2,754) |
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| (3,593) |
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| (4,380) |
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| (4,335) |
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Total consolidated revenues |
| $ | 613,276 |
| $ | 696,115 |
| $ | 709,380 |
| $ | 648,134 |
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OPERATING EXPENSES |
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Asset-Based |
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Salaries, wages, and benefits |
| $ | 277,976 |
| $ | 301,171 |
| $ | 304,369 |
| $ | 288,973 |
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Fuel, supplies, and expenses |
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| 79,026 |
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| 79,646 |
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| 77,707 |
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| 70,966 |
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Operating taxes and licenses |
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| 11,996 |
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| 12,322 |
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| 12,444 |
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| 12,230 |
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Insurance |
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| 5,785 |
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| 6,267 |
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| 8,288 |
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| 8,507 |
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Communications and utilities |
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| 3,985 |
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| 3,766 |
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| 3,808 |
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| 4,570 |
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Depreciation and amortization |
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| 17,400 |
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| 18,286 |
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| 18,841 |
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| 20,238 |
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Rents and purchased transportation |
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| 41,844 |
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| 52,380 |
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| 56,920 |
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| 45,929 |
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Gain on sale of property and equipment |
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| (244) |
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| (594) |
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| (565) |
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| (332) |
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Pension settlement expense |
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| 840 |
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| 448 |
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| 572 |
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| 544 |
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Other |
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| 2,161 |
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| 2,118 |
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| 1,888 |
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| 1,666 |
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Total Asset-Based |
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| 440,769 |
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| 475,810 |
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| 484,272 |
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| 453,291 |
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ArcBest |
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Purchased transportation |
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| 104,803 |
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| 119,137 |
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| 122,726 |
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| 113,572 |
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Salaries, wages, and benefits |
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| 14,964 |
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| 14,933 |
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| 15,502 |
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| 17,039 |
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Supplies and expenses |
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| 3,361 |
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| 3,544 |
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| 4,009 |
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| 4,586 |
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Depreciation and amortization |
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| 3,421 |
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| 3,378 |
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| 3,222 |
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| 3,354 |
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Other |
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| 4,740 |
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| 4,357 |
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| 4,925 |
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| 4,071 |
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| 131,289 |
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| 145,349 |
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| 150,384 |
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| 142,622 |
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FleetNet |
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| 41,319 |
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| 40,998 |
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| 44,225 |
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| 45,456 |
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Total Asset-Light |
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| 172,608 |
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| 186,347 |
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| 194,609 |
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| 188,078 |
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Other and eliminations |
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| (1,381) |
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| 492 |
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| (2,939) |
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| (547) |
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Total consolidated operating expenses and costs |
| $ | 611,996 |
| $ | 662,649 |
| $ | 675,942 |
| $ | 640,822 |
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OPERATING INCOME |
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Asset-Based |
| $ | 43 |
| $ | 28,092 |
| $ | 26,577 |
| $ | 7,725 |
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ArcBest |
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| 1,440 |
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| 8,442 |
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| 7,346 |
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| 3,564 |
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FleetNet |
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| 1,170 |
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| 1,017 |
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| 956 |
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| (189) |
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Other |
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| (1,373) |
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| (4,085) |
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| (1,441) |
|
| (3,788) |
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Total consolidated operating income |
| $ | 1,280 |
| $ | 33,466 |
| $ | 33,438 |
| $ | 7,312 |
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(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. |