ABF | Abfs stock

[teamster82]

Stock jump over 20.00 at close on Friday

 

[havinsomefun]

Stock jump over 20.00 at close on Friday

ARCB closed at $77.84 on Friday

 

[BIG R GUY]

Stock jump over 20.00 at close on Friday

You sure about that, Ted? 77.84, down .94...

 

[teamster82]

You sure about that, Ted? Down .

You sure about that, Ted? 77.84, down .94...

Down .94 at close up 20.81 after closing

 

[Larrythethird]

Down .94 at close up 20.81 after closing

Arcbest stock is rated as a very good stock to buy they are predicting it will keep increases at a pretty good pace

 

[Homesick]

According to Yahoo Finance ARCB was up $20.81 in after hours trading. The stock is $98.65 at the end of the night. Does anyone know why? The thread Go posted about Amazon may be why but who knows

 

[Sumting Wong]

1745	$98.65	1
16:48:26	$77.85	2
16:43:19	$77.85	2
16:37:04	$77.84	13
16:01:50	$77.84	2

 

[Sumting Wong]

According to Nasdaq.com one single share traded at $98.65

ArcBest Corporation Common Stock (ARCB) After-Hours Quotes

ArcBest Corporation Common Stock (ARCB) After-Hours Stock Quotes - Nasdaq offers after-hours quotes and extended trading activity data for US and global markets.

www.nasdaq.com

Manipulation in very low volume after hours trading.

 

[Sumting Wong]

$63.47 today and falling

 

[Conway Lifer]

$58.14 now

 

[6PakAbs]

Arcbest stock is rated as a very good stock to buy they are predicting it will keep increases at a pretty good pace

how long until it catches Old Dominion and ugh, SAIA?

 

[Tiredtrucker44]

how long until it catches Old Dominion and ugh, SAIA?

Why does Saia and ODFL stock cost more then Arcbest stock, I never understood that.

 

[6PakAbs]

Why does Saia and ODFL stock cost more then Arcbest stock, I never understood that.

not just a little more, but 3.5 = 4 times more? Union-Non Union?
Management (surely not!)

 

[vongrimmenstein]

Why does Saia and ODFL stock cost more then Arcbest stock, I never understood that.

Maybe because ABF pays in to a pension & Saia & ODFL don't have to. I was once told the pension payments represent about 20% more in higher freight rates, & a lower stock price. If Saia only has to match 6% in a 41k that is a lot less than 250.00 a week for pension fund obligations. 7 years ago ABF was paying 35,000 per year, per employee. 15 grand went for the medical & 20 grand went to the pension side. Not many companies pay to their employees 35 grand a year before the first dollar in wages. von.

 

[6PakAbs]

Maybe because ABF pays in to a pension & Saia & ODFL don't have to. I was once told the pension payments represent about 20% more in higher freight rates, & a lower stock price. If Saia only has to match 6% in a 41k that is a lot less than 250.00 a week for pension fund obligations. 7 years ago ABF was paying 35,000 per year, per employee. 15 grand went for the medical & 20 grand went to the pension side. Not many companies pay to their employees 35 grand a year before the first dollar in wages. von.

I agree...I am now enjoying that generous benefit!

 

[vongrimmenstein]

I agree...I am now enjoying that generous benefit!

Same here. 17 years vested all ABF 2040.00 gross each month. von.

 

[Tiredtrucker44]

Maybe because ABF pays in to a pension & Saia & ODFL don't have to. I was once told the pension payments represent about 20% more in higher freight rates, & a lower stock price. If Saia only has to match 6% in a 41k that is a lot less than 250.00 a week for pension fund obligations. 7 years ago ABF was paying 35,000 per year, per employee. 15 grand went for the medical & 20 grand went to the pension side. Not many companies pay to their employees 35 grand a year before the first dollar in wages. von.

I understand what you're saying but UPS has the same benefits and their stock price is a lot higher then most other trucking companies

 

[Triplex]

Why does Saia and ODFL stock cost more then Arcbest stock, I never understood that.

Comparing share price alone is somewhat meaningless without taking into account number of shares outstanding, company size and many other financial/business factors.

 

[joes bar and grill]

I understand what you're saying but UPS has the same benefits and their stock price is a lot higher then most other trucking companies

UPS is a package carrier not a trucking company.

 

[vongrimmenstein]

UPS is a package carrier not a trucking company.

Good point. Not to many drivers @ UPS make work man comp claims from tread mill injury deliveries. Different bottom line, different expenses to net a buck. von.