by - January 11, 2021 1:05 pm
ArcBest announces ABF Freight leadership change
Seth Runser was on Monday (Jan. 11) named to be the next president of ABF Freight, the largest subsidiary of Fort Smith-based ArcBest. He will succeed Tim Thorne, who is…
Tag: ABF Freight
by - July 20, 2017 2:53 pm
ABF takes industry lead into dimensional pricing, supplementing weight-based pricing
ABF Freight will change its pricing structure to include freight dimensions as a supplement to the existing weight-based pricing structure. The less-than-truckload carrier, a subsidiary of Fort Smith-based ArcBest Corp.,…
by - May 18, 2017 2:27 pm
Old Dominion leads LTL industry, ABF value down, shippers say
The takeaway from an annual shipper survey about less-than-truckload carriers is Old Dominion Freight Line leads the industry in quality. Kevin Huntsman of research company Mastio recently discussed its 12th…
by - April 24, 2017 5:25 pm
Better days ahead for LTL carriers like ABF Freight, but expect ‘bumpy ride’
While investors were buying into less-than-truckload stocks late last year, some analysts were “pointing fingers” at the move, driving up the stocks. Since January, stocks have started to return to…
by - November 3, 2016 7:18 am
Quarterly income down 32% at ArcBest, non-trucking segments see revenue gains
Third quarter income for Fort Smith-based ArcBest Corp. was down more than 32%, and income in the first nine months of 2016 is down 57.2% compared with the same period…
by - July 29, 2016 6:49 am
ArcBest quarterly income falls 48.7%, income down 80% for first half of 2016
ArcBest Corp. posted second quarter income of $10.231 million, 48.7% below the same quarter in 2015 and four cents per share below the consensus estimate. Officials with the Fort Smith-based…
by - April 14, 2015 8:00 pm
ABF Freight named LTL Carrier of the Year
ABF Freight has been named the national LTL (less than truckload) Carrier of the Year by the National Shippers Strategic Transportation Council. It’s the third consecutive year ABF Freight has…
by - February 4, 2015 7:39 am
ArcBest 2014 income jumps to $46.17 million, revenue up almost 14%
With 2014 net income up more than 190% and annual revenue up almost 14%, officials with Fort Smith-based ArcBest plans to spend $200 million during 2015 to modernize and expand…
by - January 21, 2015 11:58 am
ABF Freight works with Army, Teamsters on job initiative for soldiers
ABF Freight has partnered with the International Brotherhood of Teamsters and the U.S. Army on a joint program to help soldiers transition from military service to the civilian world with…
by - November 7, 2014 10:55 am
Former Fort Smith city director, ABF training boss dies suddenly (Updated)
Joe Davis, the director of training and quality awareness at ABF Freight System and a former Fort Smith City Director, died suddenly Friday morning (Nov. 7). He was 64. Davis…
by - November 3, 2014 6:51 am
Rate hikes, more tonnage boost net income, revenue at ArcBest
Third quarter net income for Fort Smith-based ArcBest was $19.618 million, well ahead of the $13.982 million in the same quarter of 2013, and thanks in large part to an…
by - October 31, 2014 9:28 am
ABF Freight wins 2014 ATA President’s Trophy
Fort Smith-based ABF Freight has been awarded the American Trucking Associations’ President’s Trophy award for an unprecedented seventh time. No other national carrier has won the category award more than…
by - October 24, 2014 3:55 pm
ArcBest boosts dividend, bumps freight rates up 5.4%
The Board of Directors of Fort Smith-based ArcBest Corp. has approved a quarterly dividend of six cents per share, an increase over the previous three-cent dividend. The dividend is payable…
by - July 31, 2014 8:39 am
Second quarter positive for ArcBest, first half 2014 revenue up 12.6% (Updated)
Fort Smith-based ArcBest (formerly Arkansas Best Corp.) appears to be on its way to two consecutive years of positive financial results, with net income for the first six months of…
by - May 30, 2014 5:19 pm
Possible ABF job cuts keep Beebe away from ArcBest event in Fort Smith
Gov. Mike Beebe typically travels to a community when a $30 million deal that could create almost 1,000 jobs is being announced. But he did not attend such an announcement…
by - April 29, 2014 3:24 pm
ABF Freight wins national carrier of the year award
Fort Smith-based ABF Freight System has once again earned the National LTL Carrier of the Year Award from the National Shippers Strategic Transportation Council. ABF Freight has now earned the…
by - March 25, 2014 3:53 pm
Senior Arkansas Best officer to retire in March
Jim Keenan, senior vice president of Enterprise Customer Solutions for Arkansas Best Corporation, will retire March 31, 2014, after 33 years of service with the company. "Jim's many years of…
by - March 5, 2014 7:45 pm
Financial outlook improves for Arkansas Best, USA Truck
The outlook for two trucking operations that employ more than 1,000 in the Fort Smith region – and many of those being good-paying jobs – is improving. Fort Smith-based Arkansas…
by - November 11, 2013 6:31 am
Arkansas Best posts net income of $13.9 million (Updated)
It would be an understatement to say the equity market liked Arkansas Best Corp.’s quarterly results posted Monday (Nov. 11). Shares surged higher by $4.10 – up more than 15%…
by - October 30, 2013 6:12 pm
Arkansas Best, Teamsters OK five-year contract
A labor agreement between Arkansas Best Corp. and the International Brotherhood of Teamsters has been fully ratified, with savings from wage and benefit reductions possibly helping the company to avoid…