The parent to less-than-truckload carrier ABF Freight moved into the red in the first quarter of the year, according to its earnings report released Friday, as many other companies are also reporting weaker performances compared to a year ago ArcBest Corp. had a net loss of $6.1 million compared to net income of $700,000 a year earlier, or a loss of 24 cents per share versus a profit of 3 cents per share in the 2015 quarter. , The results are worse than Wall Street forecasts.
