ArcBest boss receives ‘Woman in Logistics’ award
by April 15, 2019 6:24 pm 913 views
Judy McReynolds, chairman, president and CEO of Fort Smith-based ArcBest, has been named winner of the Women in Trucking Association’s 2019 Distinguished Woman in Logistics Award.
McReynolds, also one of the Northwest Arkansas Business Journal’s 2018 Women in Business, was presented the award April 12 during the Transportation Intermediaries Association (TIA) 2019 “Capital Ideas” Conference & Exhibition in Orlando, Fla.
“I am truly honored to be recognized by the Women in Trucking Association,” McReynolds said in a statement. “I am most proud of building a team that is committed to our company, our customers and each other. We strive every day to provide an excellent customer experience for the integrated supply chain solutions ArcBest offers, and I am proud of our entire team for their achievements and dedication to this goal.”
Since she was named president and CEO of the company in 2010, revenue has risen more than 90% to $2.83 billion in 2017, and profits have risen to $59.73 million, from a $127.52 million net loss in 2009. She’s served on the company’s board of directors since 2010 and has been chairman since April 2016.
Before joining ArcBest, she was director of financial reporting and taxation for Tontitown-based carrier P.A.M. Transportation Services Inc. and a senior manager of accounting firm Ernst & Young LLP. She serves on boards for OGE Energy Corp., First Bank Corp., First National Bank of Fort Smith and the Transportation Industry Council of the Federal Reserve Bank of St. Louis.
She’s on the Dean’s Executive Advisory Board for the Sam M. Walton College of Business at the University of Arkansas, is chair of the University of Arkansas Fort Smith Foundation Board and board chair of the American Transportation Research Institute, as well as a member of the American Trucking Associations Board of Directors and Executive Committee.
“I would like to see our company take full advantage of the market opportunities we have positioned ourselves for in the transportation and logistics marketplace. Our leadership team and our employees have worked hard to be in this position,” McReynolds told the Northwest Arkansas Business Journal in 2018 when asked about career goals in the next three to five years.
The Distinguished Woman in Logistics Award was established to promote the achievements of women employed in the North American transportation industry. It highlights the vital roles of women in the dynamic and influential field of commercial transportation and logistics. The award is sponsored by Truckstop.com and TIA. The Women in Trucking Association is a nonprofit association established to encourage the employment of women in the trucking industry, promote their accomplishments and minimize obstacles faced by women working in the trucking industry.
“Judy McReynolds has been a visible advocate for women in the trucking industry, and we are so proud to honor her with this year’s ‘Distinguished Woman in Logistics Award.’ She has embraced diversity and her company’s performance is evidence of the results,” said Ellen Voie, president and CEO of WIT. “We’ve been tracking ArcBest’s success through our annual WIT Index of publicly traded companies, and Judy and her team have been the leader in promoting women in both leadership roles and board seats, and we applaud her accomplishments.”
Past winners include Shelley Simpson, a vice president of Lowell-based J.B. Hunt Transport; Andra Rush, CEO of Wayne, Mich.-based Rush Trucking; and Renee Krug, chief financial officer of Phoenix-based Global Tranz.