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ArcBest More Than Logistics Investor Relations Contact : David Humphrey Title : Vice President - Investor Relations Phone : 479-785-6200 Email : dhumphrey@arcb.com • ArcBestⓇ Announces Second Quarter 2021 Results Second quarter 2021 revenue of $ 949.0 million , and net income of $ 61.0 million , or $ 2.27 per diluted share . On a non - GAAP1 basis , second quarter 2021 net income of $ 53.1 million , or $ 1.97 per diluted share . • Highest quarterly revenue and operating income in ArcBest's history . - FORT SMITH , Arkansas , August 2 , 2021 ArcBestⓇ ( Nasdaq : ARCB ) , a leader in supply chain logistics , today reported second quarter 2021 revenue of $ 949.0 million compared to second quarter 2020 revenue of $ 627.4 million . ArcBest's second quarter 2021 operating income was $ 74.3 million and net income was $ 61.0 million , or $ 2.27 per diluted share compared to second quarter 2020 operating income of $ 20.4 million and net income of $ 15.9 million , or $ 0.61 per diluted share . Excluding certain items in both periods as identified in the attached reconciliation tables , non - GAAP operating income was $ 74.8 million in second quarter 2021 compared to second quarter 2020 operating income of $ 25.1 million . On a non - GAAP basis , net income was $ 53.1 million , or $ 1.97 per diluted share in second quarter 2021 compared to second quarter 2020 net income of $ 17.6 million , or $ 0.67 per diluted share . " We're very pleased to report record results for the second consecutive quarter , " said Judy R. McReynolds , ArcBest chairman , president and CEO . “ Our strong results for the first half of 2021 reflect our tireless execution in a period of extremely tight capacity and high demand . We put the customer at the center of everything we do , and we're seeing our approach pay off as we work alongside shippers and capacity providers to solve their complex challenges . " 1. U.S. Generally Accepted Accounting Principles 1