ARCB·July 16, 2026
ArcBest Announces Restructuring Plan With Workforce Cuts, Brand Consolidation, and $85 Million in Impairments
ArcBest disclosed a restructuring plan that includes a 2% workforce reduction, the retirement of the MoLo and Panther brand names, facility consolidations, and the discontinuation of its Vaux Freight Movement System. The company expects approximately $85 million in total impairment charges and $40 million in annualized run-rate cash savings.