Report
Matthew Young, CFA
EUR 101.80 For Business Accounts Only

ArcBest and its LTL peers should benefit from spillover truckload freight in the year ahead.

Tesla unveiled its highly anticipated heavy-duty electric truck, Semi, on Nov. 16, and production will begin in 2019. CEO Elon Musk provided preliminary details, but information remains limited, including the sticker price. From a high-level view, Tesla claims Semi’s average cost per mile will be $1.26 compared with $1.51 for a traditional diesel truck; we take this to mean a fully laden Class 8 tractor-trailer combination. All in, including items like leasing and maintenance costs, the firm est...
Underlying
ArcBest Corporation

ArcBest is a holding company. Through its subsidiaries, the company provides a suite of freight transportation services and integrated logistics solutions. The company's operations are conducted through three reportable operating segments: Asset-Based, ArcBest, and FleetNet. The company's Asset-Based segment provides less-than-truckload services through its subsidiary, ABF Freight System, Inc., and certain other subsidiaries' motor carrier operations. The ArcBest and FleetNet reportable segments, combined, represent the company's Asset-Light operations, which provide customers end-to-end logistics solutions, designed to satisfy the supply chain and shipping requirements they encounter.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Young, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch