by - March 10, 2025 6:55 pm
The manufacturing sector weakness and nationwide freight recession pricing that hampered ArcBest’s financials in 2024 are continuing into 2025, according to the Fort Smith-based shipping and logistics company. ArcBest on…
by - January 31, 2025 10:22 am
Higher input costs and a “prolonged” weakness in the manufacturing sector pushed fourth quarter net income down more than 40% at Fort Smith-based ArcBest. However, quarterly earnings per share of…
by - January 16, 2025 10:52 am
ArcBest on Thursday (Jan. 16) announced top management changes the company says will push strategic priorities and long-term growth. The changes include aligning “revenue-generating functions” under a chief commercial officer…
by - September 27, 2024 1:05 pm
In an April 2024 interview with MIT, Matthias Winkenbach, a principal research scientist and director of research at the MIT Center for Transportation and Logistics, said artificial intelligence (AI) could…
by - September 26, 2024 9:29 am
Michael Newcity, chief innovation officer and president of ArcBest Technologies, will retire in December 2024 after more than 30 years with the shipping and logistics company. His time with ArcBest…
by - August 2, 2024 8:19 am
In the face of “macroeconomic headwinds,” Fort Smith-based ArcBest was able to post a 16% gain in second quarter net income compared to the same quarter in 2023. Much of…
by - May 29, 2024 6:54 pm
Fort Smith-based ArcBest has partnered with Scholarship America to create the first Employee Dependent Scholarship Program for the shipping and logistic company’s more than 15,000 employees. The program offers $2,000…
by - April 30, 2024 8:42 am
An almost $22 million one-time non-cash charge helped push Fort Smith-based ArcBest’s first-quarter net income into negative territory. The company says a combination of less demand and too much capacity…
by - March 18, 2024 7:22 pm
On the same day NVIDIA CEO Jensen Huang announced in a broadly-watched speech new AI (artificial intelligence) “omniverse” products and services, Fort Smith-based ArcBest said it is a first-mover in…
by - March 11, 2024 5:12 pm
Fort Smith-based ArcBest is the presenting sponsor of the newly formed Fort Smith Marshals baseball team. No terms were disclosed on the sponsorship amount, which will cover the 2024 and…
by - March 7, 2024 3:55 pm
A proposed change in the number of ArcBest shareholder votes required to approve a sale or merger is giving life to previous conjecture that the Fort Smith-based shipping and logistics…
by - February 22, 2024 2:25 pm
“Defeating the status quo” was how U.S. Rep. Steve Womack, R-Rogers, tied his thoughts – and frustrations – on moving things through Congress with ArcBest’s new system to move things…
by - February 6, 2024 9:45 am
Full-year net income reported by Fort Smith-based ArcBest was down 34.4% thanks in large part to a more than 2% decline in a closely watched revenue metric, a more than…
by - October 27, 2023 10:32 am
Quarterly and year-to-date income and revenue is down for Fort Smith-based ArcBest, primarily a result of an environment in which the shipping and logistics company is handling less freight and…
by - October 12, 2023 6:58 pm
In celebration of ArcBest’s 100th anniversary this year, the Fort Smith-based shipping and logistics company is partnering with Fort Chaffee Redevelopment Authority (FCRA) and Arkansas Colleges of Health Education (ACHE)…
by - September 14, 2023 7:07 pm
Fort Smith-based ArcBest held a 100-year anniversary event Thursday (Sept. 14) night with local employees. The event was held at the ArcBest Performing Arts Center in the Fort Smith Convention…
by - August 29, 2023 3:23 pm
Third and fourth quarter financial results will not be as healthy as they were in what was a record-setting 2022, but officials with Fort Smith-based ArcBest say market realities are…
by - July 31, 2023 4:58 pm
Fort Smith-based ArcBest and its subsidiary ABF Freight have a “meaningful” chance of turning the failure of Yellow into bottom-line green, according to investor notes from Stephens Inc. issued Monday…
by - July 28, 2023 10:12 am
Fewer orders and smaller shipments were primarily responsible for a 60.5% decline in second quarter net income at Fort Smith-based ArcBest, the company reported Friday (July 28). Revenue in the…
by - June 8, 2023 4:17 pm
Fort Smith-based ArcBest on Thursday (June 8) reported that veteran executive Danny Loe is leaving the company effective June 16 “to explore other opportunities.” Loe was the chief yield officer…
