ArcBest Corporation Announces Restructuring Plan Including Workforce Reduction

ArcBest Corporation (NASDAQ: ARCB) announced a restructuring plan aimed at realigning its operating structure, reducing costs, and simplifying its brand architecture for long-term growth. The plan includes a workforce reduction of approximately 2% of total positions across various functions and geographies, as well as consolidating MoLo Solutions, Panther Premium Logistics, and ArcBest Technologies under the ArcBest® brand.