by - August 14, 2019 3:54 pm
Fort Smith-based transportation company ArcBest, the parent company of less-than-truckload carrier ABF Freight, plans to open a 20,000-square-foot office in the former Ozark Natural Foods building in Fayetteville. The new…
by - July 31, 2019 12:36 pm
Fewer and lighter shipments resulting from a “moderated” economy put a cap on ArcBest’s financials in the second quarter, but the Fort Smith-based transportation holding company still managed to post…
by - May 3, 2019 12:23 pm
An estimated $2 million loss from severe weather is partially to blame for a 51% drop in first quarter net income, ArcBest officials noted in the company’s first quarter report…
by - January 30, 2019 5:09 pm
Transportation and logistics holding company ArcBest is on a five-year winning streak, with net income between 2014 and 2018 totaling more than $270 million, a far better outcome than the…
by - November 1, 2018 4:43 pm
ArcBest blew past third quarter revenue and net income estimates thanks primarily to higher shipping prices, a “steady freight environment” and fuel surcharges. Net income in the quarter was $40.776…
by - August 6, 2018 4:09 pm
USA Truck has an “attractive” future, while ArcBest is doing well but could have cost structure problems, according to Brad Delco, equity analyst for Little Rock-based Stephens Inc., and Associate…
by - July 31, 2018 4:29 pm
Better pricing in a transportation sector witnessing more freight demand than shipping supply helped push Fort Smith-based ArcBest to record quarterly revenue of $793.35 million, better than the consensus estimate…
by - May 11, 2018 4:51 pm
Friday (May 11) was Good Friday for shareholders of Fort Smith-based ArcBest after the company’s share price – fueled by a much better than expected first quarter report published Thursday…
by - May 10, 2018 3:55 pm
It was a better than expected first quarter for Fort Smith-based ArcBest, which posted net income of $9.954 million, a wide swing from the first quarter 2017 loss of $7.407…
by - March 26, 2018 1:17 pm
Judy McReynolds, chairman, president and CEO of Fort Smith-based ArcBest Corp., didn’t receive a salary increase in 2017, but her total compensation rose 31.9% to $2.126 million. On March 22,…
by - March 19, 2018 4:41 pm
ArcBest has joined J.B. Hunt, Tyson Foods, and Walmart, as an Arkansas-based company in the logistics and transportation business to embrace blockchain technology. The Fort Smith-based company joins with more…
by - January 31, 2018 7:20 am
Fourth quarter and full-year net income was up 53% and 46.3%, respectively, for Fort Smith-based ArcBest, and fourth quarter earnings per share of 42 cents beat the consensus estimate of…
by - January 16, 2018 11:52 am
E-commerce sales have nearly doubled in the past five years to $450 billion, accounting for 8.4% of all retail sales, and the rise has significantly impacted the supply chain as…
by - January 8, 2018 4:17 pm
Demand for less-than-truckload (LTL) carriers continued to rise in the fourth quarter as freight demand from traditional LTL markets and truckload spillover increased and pricing trends accelerated, but difficult negotiations…
by - November 3, 2017 4:43 pm
Improving margins by shedding unprofitable accounts and a better freight market helped ArcBest beat third-quarter earnings expectations. The company missed on the revenue estimate and Stifel analysts put a hold…
by - July 28, 2017 9:27 am
A boost in tonnage and the number of shipments helped Fort Smith-based ArcBest Corp. post second quarter net income of $15.777 million, up 54% compared to the same quarter in…
by - May 5, 2017 9:55 am
ArcBest’s revenue rose 4% in the first quarter, but it experienced a 21% larger loss related to changes in freight in its less-than-truckload business and weaker demand, especially in the…
by - February 14, 2017 1:21 pm
From his office in the Willard J. Walker Hall at the University of Arkansas, John Kent, director of the Supply Chain Management Research Center, sees an autonomous robot driving on…
by - February 8, 2017 7:16 am
More than $8 million in restructuring charges and a “challenging freight environment” pushed ArcBest’s 2016 net income down more than 58%. Fourth quarter and full year income fell well below…
by - November 3, 2016 5:31 pm
ArcBest is undergoing a “significant” change in the shipping and logistics company’s management structure that will result in a loss of 130 jobs. The moves will “differentiate ArcBest from the…
