Financial Analysis

NOTE G LONG-TERM DEBT AND FINANCING ARRANGEMENTS Long-Term Debt Obligations Long-term debt, which consisted of notes payable related to the financing of revenue equipment (tractors and trailers used primarily in Asset-Based segment operations) and certain other equipment at December 31, 2025 and 2024, was as follows: 2025 2024 (in thousands) Notes payable (weighted-average interest rate of 5.0% at December 31, 2025) $ 223,856 $ 189,134 Less current portion 87,882 63,978 Long-term debt, less current portion $ 135,974 $ 125,156 Scheduled payments of long - term debt obligations as of December 31, 2025 were as follows: Notes Payable (in thousands) 2026 $ 97,114 2027 85,622 2028 46,435 2029 10,675 2030 Total payments 239,846 Less amounts representing interest 15,990 Long-term debt $ 223,856 Assets securing notes payable, primarily consisting of revenue equipment, which were included in property, plant and equipment, totaled $362.5 million at December 31, 2025 and $333.5 million at December 31, 2024. The Company paid interest of $11.8 million, $8.5 million, and $8.7 million in 2025, 2024, and 2023, respectively, net of capitalized interest which totaled $0.4 million for both 2025 and 2024 and $0.3 million for 2023. Financing Arrangements Credit Facility The Companys revolving credit facility (the Credit Facility) was amended and restated under its Fifth Amended and Restated Credit Agreement (the Credit Agreement) in November 2025. The amendment, among other things, increased the l …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

NOTE K SHARE-BASED COMPENSATION Stock Awards The Company had outstanding RSUs granted under the ArcBest Corporation Ownership Incentive Plan (the Ownership Incentive Plan) as of December 31, 2025 and 2024. The Ownership Incentive Plan provides for the granting of 4.9 million shares, which may be awarded as incentive and nonqualified stock options, stock appreciation rights, restricted stock, RSUs, or performance award units. Restricted Stock Units A summary of the Companys RSU award program is presented below: Weighted-Average Grant Date Units Fair Value Outstanding January 1, 2025 242,462 $ 91.75 Granted 223,725 $ 57.64 Vested (123,001) $ 92.08 Forfeited (1) (43,349) $ 75.55 Outstanding December 31, 2025 299,837 $ 68.51 (1) Forfeitures are recognized as they occur. The Compensation Committee of the Companys Board of Directors granted RSUs during the years ended December 31 as follows: k Weighted-Average Grant Date Units Fair Value 2025 223,725 $ 57.64 2024 101,238 $ 115.85 2023 149,350 $ 86.53 The fair value of restricted stock awards that vested in 2025, 2024, and 2023 was $7.5 million, $67.5 million, and $34.2 million, respectively. Unrecognized compensation cost related to restricted stock awards outstanding as of December 31, 2025 was $12.0 million, which is expected to be recognized over a weighted-average period of approximately 1.8 years. …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

NOTE C FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Financial Instruments The components of cash and cash equivalents and short-term investments as of December 31 are presented in the following table: 2025 2024 (in thousands) Cash and cash equivalents Cash deposits (1) $ 72,280 $ 83,048 Money market funds (2) 29,750 44,396 Total cash and cash equivalents $ 102,030 $ 127,444 Short-term investments Certificates of deposit (3) $ 22,204 $ 29,759 (1) Recorded at cost plus accrued interest, which approximates fair value. (2) Recorded at fair value as determined by quoted market prices (see amounts presented in the table of financial assets and liabilities measured at fair value within this Note). (3) Recorded at cost plus accrued interest, which approximates fair value due to its short-term nature and is categorized in Level 2 of the fair value hierarchy. The Companys long-term financial instruments are presented in the table of financial assets and liabilities measured at fair value within this Note. Concentrations of Credit Risk of Financial Instruments The Company is subject to concentrations of credit risk related to its cash, cash equivalents, and short-term investments. The Company reduces credit risk by maintaining its cash deposits and short-term investments in accounts and certificates of deposit that are primarily FDIC-insured. However, certain cash deposits and certificates of deposit may exceed federally insured limits. At December 31, 2025 and 2024, cash deposits …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

NOTE D GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of cost over the fair value of net identifiable tangible and intangible assets acquired. The goodwill balance of $304.8 million at December 31, 2025 and 2024 relates to the Asset-Light segment. The accumulated impairment of goodwill at December 31, 2025 and 2024 totaled $20.0 million. Goodwill and indefinite-lived intangible assets are not amortized but evaluated for impairment annually as of October 1, or more frequently if indicators of impairment exist (see Note B). The annual impairment evaluation of the goodwill and indefinite-lived intangible assets of the Asset-Light reporting unit was performed as of October 1, 2025. A third-party valuation specialist was utilized in performing the annual impairment analysis and it was determined that there was no impairment to the recorded goodwill balance. However, it was determined that its indefinite-lived trade name within the Asset-Light reporting unit was impaired. A noncash asset impairment charge of $6.6 million, included within the asset impairments charges line of Asset-Light segment operating expenses, was recorded during the fourth quarter of 2025 as the result of a decline in projected revenue and profitability in the current recessionary freight environment (see Note C). The evaluation of goodwill impairment requires managements judgement and the use of estimates and assumptions to determine if indicators of impairment exist at an interim date. Assumpt …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

NOTE E INCOME TAXES On July 4, 2025, the United States Congress passed budget reconciliation bill H.R. 1 referred to as the One Big Beautiful Bill Act (the OBBB). The OBBB contains several changes to corporate taxation, such as the permanent extension of certain expiring provisions of the Tax Cuts and Jobs Act of 2017, including 100% expensing of qualified depreciable assets and modifications to capitalization of research and development expenses. The OBBB has multiple effective dates with certain provisions effective in 2025 and others implemented through 2027. As a result of the OBBB changes, the Company recognized a one-time accelerated current tax benefit of $26.6 million during 2025. This benefit primarily reflects $101.2 million of tax deductions for 100% expensing of fixed asset additions purchased between January 20 and June 30, 2025, and the immediate expensing of previously capitalized research and development costs. These items increased deferred tax liability and reduced the federal income tax liability and related tax payments for 2025, with no material impact on the 2025 effective tax rate. The Company prospectively applied Accounting Standards Update (ASU) No. 2023-09, Improvements to Income Tax Disclosures (ASU 2023-09). As such, information presented below for 2024 and 2023 has not been recast to conform to current-year presentation. Income before provision for income taxes was as follows for the year ended December 31: 2025 (in thousands) Domestic $ 81,820 F …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

NOTE N COMMITMENTS AND CONTINGENCIES In the normal course of business, the Company enters into contracts and commitments that result in future payment obligations. In addition to the long-term debt and financing arrangements discussed in Note G, operating lease obligations discussed in Note F, employee benefit plans discussed in Note I, and a pension fund withdrawal liability discussed in Note C, the Company has contractual obligations such as described in the following paragraphs. Surety Bond Programs The Company has programs in place with multiple surety companies for the issuance of surety bonds in support of its self-insurance program. As of December 31, 2025 and 2024, surety bonds outstanding related to the self-insurance program totaled $76.0 million and $63.2 million, respectively. Purchase Obligations The Company has purchase obligations, consisting of authorizations to purchase and binding agreements with vendors, relating to revenue equipment used in our Asset-Based operations, other equipment, facility improvements, software, service contracts, and other items for which amounts were not accrued in the consolidated balance sheet as of December 31, 2025, which were as follows: Purchase Obligations (in thousands) 2026 $ 86,663 2027 10,125 2028 7,037 2029 1,809 2030 179 Total $ 105,813 Other Events The Company has received two Notices of Assessment from a state regarding ongoing sales and use tax audits alleging uncollected sales and use tax, including interest and pen …

LegalMattersAndContingenciesTextBlock · excerpt; the full note is in the filing

NOTE F LEASES The Company has operating lease arrangements for certain facilities and revenue equipment used in the Asset-Based and Asset-Light segment operations and certain other facilities and office equipment. Current operating leases have remaining terms of approximately 22 years or less, some of which include one or more options to renew, with renewal option terms up to ten years. There is one early termination option available on an operating lease as of December 31, 2025, provided notification is given 24 months prior to the end of the lease term, which is included in the right-of-use assets and liabilities as of December 31, 2025. The components of operating lease expense for the years ended December 31 were as follows: 2025 2024 2023 (in thousands) Operating lease expense $ 46,453 $ 42,772 $ 38,794 Variable lease expense 9,080 7,183 6,804 Sublease income (4,722) (2,631) (246) Total operating lease expense $ 50,811 $ 47,324 $ 45,352 The operating cash flows from operating lease activity for the years ended December 31 were as follows: 2025 2024 2023 (in thousands) Noncash change in operating right-of-use assets $ 34,292 $ 34,445 $ 33,470 Cash payments to obtain right-of-use assets (11,500) (7,752) Change in operating lease liabilities (33,811) (33,898) (30,550) Changes in operating right-of-use assets and lease liabilities, net $ (11,019) $ (7,205) $ 2,920 Supplemental cash flow information Cash paid for amounts included in the measurement of operating lease liabilit …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

Adopted Accounting Pronouncements In the fourth quarter of 2025, the Company adopted an amendment to Accounting Standards Codification (ASC) Topic 740, Income Taxes , which was amended in December 2023 through the issuance of Accounting Standards Update (ASU) No. 2023-09, Improvements to Income Tax Disclosures (ASU 2023-09), to improve income tax disclosures primarily related to the rate reconciliation and income taxes paid information. This ASU was applied prospectively and did not have a significant impact on the Companys disclosures (see Note E). Accounting Pronouncements Not Yet Adopted ASC Topic 220, Disaggregation of Income Statement Expenses , was amended in November 2024 through the issuance of ASU No. 2024-03, Income Statement Reporting Comprehensive Income Expense Disaggregation Disclosures (ASU 2024-03), which requires additional disclosure of specified information about certain costs and expenses. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, while early adoption is permitted. The Company is currently assessing the amendments impact on the Companys disclosures. ASC Topic 350, Intangibles - Goodwill and Other , was amended in September 2025 through the issuance of ASU No. 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06), which eliminates accounting consideration of software project development stages and clarifies the th …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

NOTE M OPERATING SEGMENT DATA The Company uses the management approach to determine its reportable operating segments, as well as to determine the basis of reporting the operating segment information. Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (CODM) in deciding how to allocate resources to an individual segment and in assessing performance. The Company's former Chief Executive Officer and current Chairman of the Board was the CODM through December 31, 2025 and made decisions about resources to be acquired, allocated and utilized in each operating segment. The Companys current President and Chief Executive Officer became the CODM as of January 1, 2026. The CODM uses segment revenues, operating expense categories, operating ratios, operating income (loss), and key operating statistics to evaluate performance and allocate resources to the Companys operations. The Companys reportable operating segments are as follows: The Asset-Based segment includes the results of operations of ABF Freight System, Inc. and certain other subsidiaries. The segment operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed LTL services. The Asset-Based segment provides services to the Asset-Light segment, including freight transportation related to managed transportation solutions a …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

NOTE B ACCOUNTING POLICIES Cash, Cash Equivalents, and Short-Term Investments: Short-term investments that have a maturity of ninety days or less when purchased are considered cash equivalents. Short-term investments consist of FDIC-insured certificates of deposit with original maturities greater than ninety days and remaining maturities less than one year. Certificates of deposit are valued at cost plus accrued interest, which approximates fair value. Interest and dividends related to cash, cash equivalents, and short-term investments are included in interest and dividend income. Concentration of Credit Risk: The Company is subject to concentrations of credit risk related to the portion of its cash, cash equivalents, and short-term investments, which is not federally insured, as further discussed in Note C. The Companys services are provided primarily to customers throughout the United States and, to a lesser extent, Canada, Mexico, and other international locations. On a consolidated basis, the Company had no single customer representing more than 3% of its revenues in 2025, 2024, or 2023 or more than 7% of its accounts receivable balance at December 31, 2025 and 2024. The Company performs ongoing credit evaluations of its customers and generally does not require collateral. Historically, credit losses have been within managements expectations. Receivable Allowances: The Company maintains allowances for credit losses and revenue adjustments on its trade receivables. The Com …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

NOTE J STOCKHOLDERS EQUITY Accumulated Other Comprehensive Income (Loss) Components of accumulated other comprehensive income (loss) were as follows at December 31: 2025 2024 2023 (in thousands) Pre-tax amounts: Unrecognized net periodic benefit credit $ 4,126 $ 5,660 $ 6,816 Interest rate swap 1,710 Foreign currency translation (4,717) (5,323) (2,709) Total $ (591) $ 337 $ 5,817 After-tax amounts: Unrecognized net periodic benefit credit $ 3,064 $ 4,203 $ 5,061 Interest rate swap 1,263 Foreign currency translation (3,503) (3,931) (2,000) Total $ (439) $ 272 $ 4,324 The following is a summary of the changes in accumulated other comprehensive income (loss), net of tax, by component: Unrecognized Interest Foreign Net Periodic Rate Currency Total Benefit Credit Swap Translation (in thousands) Balances at December 31, 2023 $ 4,324 $ 5,061 $ 1,263 $ (2,000) Other comprehensive loss before reclassifications (3,310) (116) (1,263) (1,931) Amounts reclassified from accumulated other comprehensive income (742) (742) Net current-period other comprehensive loss (4,052) (858) (1,263) (1,931) Balances at December 31, 2024 $ 272 $ 4,203 $ $ (3,931) Other comprehensive income (loss) before reclassifications (110) (538) 428 Amounts reclassified from accumulated other comprehensive income (601) (601) Net current-period other comprehensive income (loss) (711) (1,139) 428 Balances at December 31, 2025 $ (439) $ 3,064 $ $ (3,503) The following is a summary of the significant reclassifications out …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

NOTE F LONG-TERM DEBT AND FINANCING ARRANGEMENTS Long-Term Debt Obligations Long-term debt, which consisted of notes payable related to the financing of revenue equipment (tractors and trailers used primarily in Asset-Based segment operations) and certain other equipment, was as follows: June 30 December 31 2026 2025 (in thousands) Notes payable (weighted-average interest rate of 5.0% at June 30, 2026) $ 215,549 $ 223,856 Less current portion 94,484 87,882 Long-term debt, less current portion $ 121,065 $ 135,974 Assets securing notes payable, primarily consisting of revenue equipment, which were included in property, plant and equipment, totaled $377.7 million at June 30, 2026 and $362.5 million at December 31, 2025. Financing Arrangements Credit Facility The Companys revolving credit facility (the Credit Facility) under its Fifth Amended and Restated Credit Agreement (the Credit Agreement) has a maturity date of November 25, 2030. The Credit Facility has an initial maximum credit amount of $250.0 million, including a swing line facility in an aggregate amount of up to $40.0 million and a letter of credit sub-facility providing for the issuance of letters of credit up to an aggregate amount of $50.0 million. The Company may request additional revolving commitments or incremental term loans thereunder up to an aggregate amount of up to $125.0 million, subject to the satisfaction of certain additional conditions as provided in the Credit Agreement. As of June 30, 2026, $25.9 mi …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

NOTE B FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Financial Instruments The following table presents the components of cash and cash equivalents and short-term investments: June 30 December 31 2026 2025 (in thousands) Cash and cash equivalents Cash deposits (1) $ 62,232 $ 72,280 Money market funds (2) 83,619 29,750 Total cash and cash equivalents $ 145,851 $ 102,030 Short-term investments Certificates of deposit (3) $ 22,580 $ 22,204 (1) Recorded at cost plus accrued interest, which approximates fair value. (2) Recorded at fair value as determined by quoted market prices (see amounts presented in the table of financial assets and liabilities measured at fair value within this Note). (3) Recorded at cost plus accrued interest, which approximates fair value due to its short-term nature and is categorized in Level 2 of the fair value hierarchy. The Companys long-term financial instruments are presented in the table of financial assets and liabilities measured at fair value within this Note. Concentrations of Credit Risk of Financial Instruments The Company is subject to concentrations of credit risk related to its cash, cash equivalents, and short-term investments. The Company reduces credit risk by maintaining its cash deposits and short-term investments in accounts and certificates of deposit that are primarily FDIC-insured. However, certain cash deposits and certificates of deposit may exceed federally insured limits. At June 30, 2026 and December 31, 2025, cash deposi …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

NOTE C GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of cost over the fair value of net identifiable tangible and intangible assets acquired. The goodwill balance of $304.8 million at both June 30, 2026 and December 31, 2025 relates to the Asset-Light segment. The Companys simplified brand structure, as described in Note A, included the discontinuation of the Panther and MoLo brands. The Company determined that the discontinuation of the Panther brand was an indicator of impairment and performed an interim impairment test on the indefinite-lived Panther trade name. As future cash flows attributable to the Panther trade name are expected to be minimal, the Company determined that the fair value of the trade name was zero and recorded a non-cash impairment charge of $25.7 million to write off the remaining carrying value of the Panther trade name. The impairment charge represented the remaining carrying value of the Panther trade name as of December 31, 2025 after a previous $6.6 million impairment charge recorded during the fourth quarter of 2025. Finite-lived intangible assets consisted of the following: June 30, 2026 December 31, 2025 Weighted-Average Accumulated Impairment Net Accumulated Net Amortization Period Cost Amortization Charge Value Cost Amortization Value (in years) (in thousands) (in thousands) Finite-lived intangible assets Customer relationships 12 $ 99,579 $ 72,289 $ $ 27,290 $ 99,579 $ 68,206 $ 31,373 Other (1) 10 19,413 7,896 1,091 10,426 30 …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

NOTE D INCOME TAXES The Companys effective tax benefit rate was 34.0% and 33.3% for the three and six months ended June 30, 2026, respectively, while the effective tax rate was 28.2% and 27.9% for the same prior-year periods. The difference between the Companys effective benefit tax rate and the federal statutory rate for these periods resulted from various factors, including the tax expense (benefit) from the vesting of restricted stock units; state and foreign income taxes; and various nontaxable and nondeductible expenses. State tax rates vary among states and average approximately 6.0%, although some state rates are higher, and a small number of states do not impose an income tax. As of June 30, 2026, the Companys deferred tax liabilities, which will reverse in future years, exceeded the deferred tax assets. The Company evaluated its total deferred tax assets at June 30, 2026, and concluded that it is more likely than not that substantially all deferred tax assets will be realized, except for certain deferred tax assets related to foreign and state tax credit carryforwards and federal and state net operating losses. In making this determination, the Company considered the future reversal of existing taxable temporary differences, future taxable income, and tax planning strategies. During the six months ended June 30, 2026, the Company increased its valuation allowance by $0.7 million related to certain foreign tax credit carryforwards. …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

NOTE K COMMITMENTS AND CONTINGENCIES The Company's commitments and contingencies are described in Note N to the consolidated financial statements in the Company's 2025 Annual Report on Form 10-K. The Company continues to be subject to routine legal matters and contractual obligations incurred in the normal course of business and maintains liability insurance against certain risks arising out of the normal course of its business, subject to certain self-insurance retention limits. Management does not believe that these matters will have a material adverse effect on the Company's financial condition, results of operations, or cash flows. The Company has purchase obligations, consisting of authorizations to purchase and binding agreements with vendors, relating to revenue equipment used in the Companys Asset-Based operations, other equipment, facility improvements, software, service contracts, and other items for which amounts were not accrued in the consolidated balance sheet as of June 30, 2026. These purchase obligations totaled $93.9 million as of June 30, 2026, with $76.8 million expected to be paid within the next year, provided that vendors complete their commitments to the Company. As of June 30, 2026, the amount of purchase obligations decreased $11.9 million from December 31, 2025, primarily related to receipt of ABF Freight revenue equipment. There have been no other significant changes to the Company's commitments and contingencies as reported in the Company's 2025 A …

LegalMattersAndContingenciesTextBlock · excerpt; the full note is in the filing

NOTE E LEASES The Company has operating lease arrangements for certain facilities and revenue equipment used in the Asset-Based and Asset-Light segment operations and certain other facilities and office equipment. The components of operating lease expense were as follows: Three Months Ended Six Months Ended June 30 June 30 2026 2025 2026 2025 (in thousands) Operating lease expense $ 11,929 $ 11,630 $ 23,829 $ 22,767 Variable lease expense 2,336 2,658 4,224 4,707 Sublease income (1,608) (1,162) (3,209) (2,159) Total operating lease expense $ 12,657 $ 13,126 $ 24,844 $ 25,315 The operating cash flows from operating lease activity were as follows: Six Months Ended June 30 2026 2025 (in thousands) Noncash change in operating right-of-use assets (1) $ 18,730 $ 16,326 Cash payments to obtain right-of-use assets (11,500) Change in operating lease liabilities (18,745) (16,247) Changes in operating right-of-use assets and lease liabilities, net $ (15) $ (11,421) Supplemental cash flow information Cash paid for amounts included in the measurement of operating lease liabilities $ 23,803 $ 22,734 Right-of-use assets obtained in exchange for operating lease liabilities $ 22,228 $ 41,978 (1) Excludes right-of-use asset impairment of $8.4 million recorded during the second quarter of 2026, as discussed further below. Lease Impairment Charges Long-lived assets, including operating right-of-use assets, are reviewed for impairment whenever events or changes in circumstances indicate the carryi …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

Accounting Pronouncements Not Yet Adopted Accounting Standards Codification (ASC) Topic 220, Disaggregation of Income Statement Expenses , was amended in November 2024 through the issuance of Accounting Standards Update (ASU) No. 2024-03, Income Statement Reporting Comprehensive Income Expense Disaggregation Disclosures (ASU 2024-03), which requires additional disclosure of specified information about certain costs and expenses. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, while early adoption is permitted. The Company is currently assessing the amendments impact on the Companys disclosures. ASC Topic 350, Intangibles - Goodwill and Other , was amended in September 2025 through the issuance of ASU No. 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06), which eliminates accounting consideration of software project development stages and clarifies the threshold applied to begin capitalizing costs. ASU 2025-06 is effective for fiscal years beginning after December 15, 2027, while early adoption is permitted. The Company is currently assessing the amendment's impact on the Company's internal-use software capitalization policies, projects, and disclosures. ASC Topic 270, Interim Reporting, was amended in December 2025 through the issuance of ASU No. 2025-11, Interim Reporting Narrow-Scope (ASU 2025-11), which clarifies interim disclosure …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

NOTE J REVENUE RECOGNITION Disaggregated Revenue The following table reflects information about revenues from customers and intersegment revenues: Three Months Ended Six Months Ended June 30 June 30 2026 2025 2026 2025 (in thousands) Revenues from customers Asset-Based $ 747,002 $ 680,936 $ 1,368,627 $ 1,292,271 Asset-Light 435,840 340,098 811,774 694,666 Other 1,691 1,222 2,918 2,396 Total consolidated revenues $ 1,184,533 $ 1,022,256 $ 2,183,319 $ 1,989,333 Intersegment revenues Asset-Based $ 36,669 $ 32,376 $ 70,051 $ 67,335 Asset-Light 2,865 1,824 4,677 3,268 Other and eliminations (39,534) (34,200) (74,728) (70,603) Total intersegment revenues $ $ $ $ Total segment revenues Asset-Based $ 783,671 $ 713,312 $ 1,438,678 $ 1,359,606 Asset-Light 438,705 341,922 816,451 697,934 Other and eliminations (37,843) (32,978) (71,810) (68,207) Total consolidated revenues $ 1,184,533 $ 1,022,256 $ 2,183,319 $ 1,989,333 Performance Obligations We have elected to apply the practical expedient in ASC Topic 606, Revenue From Contracts With Customers , to not disclose the value of unsatisfied performance obligations for contracts with an original length of one year or less or contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed. …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

NOTE I OPERATING SEGMENT DATA The Companys reportable operating segments are as follows: The Asset-Based segment includes the results of operations of ABF Freight. The segment operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The Asset-Based segment provides services to the Asset-Light segment, including freight transportation related to managed transportation solutions and other services. The Asset-Light segment includes the results of operations of the Companys service offerings in truckload, managed transportation, ground expedite, intermodal, household goods moving, warehousing and distribution, and international freight transportation for air, ocean, and ground. The Asset-Light segment provides services to the Asset-Based segment. The Companys other business activities and operations that are not reportable segments include ArcBest Corporation (the parent holding company) and certain subsidiaries. Certain costs incurred by the parent holding company and the Companys shared services subsidiary are allocated to the reporting segments. The Company eliminates intercompany transactions in consolidation. Historically, the second and third calendar quarters of each year usually have the highest tonnage and shipment levels. In contrast, the first quarter generally has the lowest tonnage and shipment levels, although other factors, including the state of the U.S …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

NOTE G STOCKHOLDERS EQUITY Accumulated Other Comprehensive Loss Components of accumulated other comprehensive loss were as follows: June 30 December 31 2026 2025 (in thousands) Pre-tax amounts: Unrecognized net periodic benefit credit $ 3,822 $ 4,126 Foreign currency translation (5,100) (4,717) Total $ (1,278) $ (591) After-tax amounts: Unrecognized net periodic benefit credit $ 2,838 $ 3,064 Foreign currency translation (3,787) (3,503) Total $ (949) $ (439) The following is a summary of the changes in accumulated other comprehensive income (loss), net of tax, by component: Unrecognized Foreign Net Periodic Currency Total Benefit Credit Translation (in thousands) Balances at December 31, 2025 $ (439) $ 3,064 $ (3,503) Other comprehensive loss before reclassifications (284) (284) Amounts reclassified from accumulated other comprehensive income (loss) (226) (226) Net current-period other comprehensive income (510) (226) (284) Balances at June 30, 2026 $ (949) $ 2,838 $ (3,787) Balances at December 31, 2024 $ 272 $ 4,203 $ (3,931) Other comprehensive income before reclassifications 492 492 Amounts reclassified from accumulated other comprehensive income (312) (312) Net current-period other comprehensive income (loss) 180 (312) 492 Balances at June 30, 2025 $ 452 $ 3,891 $ (3,439) The following is a summary of the reclassifications out of accumulated other comprehensive income by component: Unrecognized Net Periodic Benefit Credit Six Months Ended June 30 2026 2025 (in thousands) …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing