ArcBest Corporation ARCB

ArcBest is the classic unsexy trucking story with a surprisingly techy twist. You’re paying thrift-store prices for a debt-light LTL carrier that just inherited extra capacity from Yellow’s demise and is rolling out 3-D scanners to price freight like airline seats. The moat isn’t wide and volumes dance to the tune of the U.S. economy, but solid management, union peace and a cheap multiple give investors a decent shot at upside if freight merely muddles through—and a margin of safety if it doesn’...