Investors focused on the Transportation space have likely heard of ArcBest (ARCB Quick QuoteARCB - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.

ArcBest is a member of the Transportation sector. This group includes 144 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. ARCB is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for ARCB's full-year earnings has moved 26.25% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, ARCB has moved about 30.63% on a year-to-date basis. At the same time, Transportation stocks have lost an average of 0.78%. This means that ArcBest is outperforming the sector as a whole this year.

To break things down more, ARCB belongs to the Transportation - Truck industry, a group that includes 17 individual companies and currently sits at #12 in the Zacks Industry Rank. This group has gained an average of 4.72% so far this year, so ARCB is performing better in this area.

Going forward, investors interested in Transportation stocks should continue to pay close attention to ARCB as it looks to continue its solid performance.