Stratrix
On the Record · Arcbest

Arcbest acquisitions, on the record

The businesses Arcbest bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
FleetNet segment
Word for word“Discontinued operations represents the FleetNet segment, which sold on February 28, 2023, as previously discussed.” 10-K for 2023
divestitureFebruary 28, 2023—
labor services portion of the Asset-Light segment's moving business
Word for word“The year ended December 31, 2021, represents a gain of $6.9 million related to the sale of the labor services portion of the Asset-Light segment's moving business in second quarter 2021.” 10-K for 2023
divestituresecond quarter 2021a gain of $6.9 million
MoLo
Word for word“We may be unable to generate sufficient revenue or earnings from the operations of MoLo, which we acquired on November 1, 2021, or any future acquired business, to offset our acquisition or investment costs, and the acquired business may otherwise fail to meet our operational or strategic expectations.” 10-K for 2023
acquisitionNovember 1, 2021—
discontinued operations (sale of discontinued operations)
Word for word“Proceeds from sale of discontinued operations ​ ​ — ​ ​ 100,949 ​ ​ — ​ Business acquisition, net of cash acquired ​ ​ — ​ ​ — ​ ​ 2,279 ​ Proceeds from the sale of subsidiary ​ ​ — ​ ​ — ​ ​ 475 ​ Purchases of short-term investments ​ ( 29,236 ) ​ ( 96,537 ) ​ ( 182,352 ) ​ Proceeds from sale of short-term investments ​ 66,584 ​ 198,120 ​ 64,329 ​ Capitalization of internally developed software ​ ​ ( 16,897 ) ​ ( 12,977 ) ​ ( 17,282 ) ​ NET CASH USED IN INVESTING ACTIVITIES ​ ( 187,279 ) ​ (” 10-K for 2024
divestiture——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$24.8 million$2.8 million$12.6 million
2017-12-31—$2.5 million—
2018-12-31—$4.7 million—
2021-12-31$239.4 million$9 million$214 million
2022-12-31−$2.3 million$475,000—
2023-12-31—$100.9 million—

Deal filings since 2016

Read from Arcbest’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.