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ArcBest CEO: Recent stock sell-off is not warranted

In an interview on CNBC’s Mad Money, Judy McReynolds said ArcBest had a great quarter from an execution standpoint. It was impacted, as the industry was, by the soft demand environment, she noted. The company has made significant progress on longer term issues and has seen an increase of 35% in pipeline growth since the start of the year. She is “confident” on how the company is positioned and how it’s serving customers.

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