The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

ABF Freight’s weight per shipment hemorrhaged 11% year over year in Q3, which parent company ArcBest Corp. CFO Matt Beasley blamed on broad industrial weakness during an earnings call Friday.

“Since hitting a low in January of this year, tonnage is up a total of 3%, plus the index is up sequentially in three of the last four months. No doubt the freight market has improved — albeit ...