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…
by - April 28, 2023 9:53 am
First quarter revenue at ArcBest was down almost 13% compared with the same quarter in 2022, the Fort Smith-based company reported Friday (April 28). Reduced consumer demand and a tougher…
by - April 6, 2023 12:15 pm
Matt Beasley will be the next chief financial officer at Fort Smith-based ArcBest beginning May 14. Beasley, now the company’s treasurer, is succeeding David Cobb, who is retiring after 17…
by - March 6, 2023 3:33 pm
A Monday (March 6) ArcBest update suggests that pricing benefits for shipping and logistics companies from the global supply chain pressure that emerged during COVID-19 shutdowns and other disruptions in…
by - February 28, 2023 4:17 pm
Fort Smith-based ArcBest announced Tuesday (Feb. 28) the sale of its FleetNet segment to Cox Automotive in a $100 million cash deal. The maintenance and repair unit of ArcBest generated…
by - February 3, 2023 11:40 am
Fort Smith-based ArcBest posted a record year for revenue and net income. However, fourth-quarter earnings per share and revenue missed analyst estimates primarily because of a shipping demand decline. The…
by - November 1, 2022 10:24 am
ArcBest is shipping and managing the shipment of more stuff and getting paid more to do both. It’s why the Fort Smith-based company is on track to post record revenue…
by - October 12, 2022 1:00 pm
ArcBest President, CEO and Board Chairman Judy McReynolds was included on the prestigious 2022 Forbes 50 Over 50 Entrepreneurs list that included a NASA executive and CEO of a large…
by - July 29, 2022 12:04 pm
Unwinding the global supply chain continues to benefit Fort Smith-based ArcBest. The logistics and shipping company on Friday (July 29) reported a 104% increase in net income in the first…
by - April 29, 2022 9:55 am
Record quarterly net income, driven in part by a more than 20% increase in a key billing measure, has Fort Smith-based ArcBest rewarding shareholders with a $75 million share buyback…
by - April 26, 2022 3:09 pm
Analysts with Stephens Inc. believe other equity market watchers are underestimating the first-quarter financial numbers Fort Smith-based ArcBest and Van Buren-based USA Truck will report later this week. They also…
by - February 1, 2022 9:08 am
For the second consecutive quarter, Fort Smith-based ArcBest posted revenue above $1 billion, and full-year net income of $213.521 million was three times the $71.1 million in 2020. Full-year earnings…
by - January 19, 2022 7:57 am
Fort Smith-based shipping and logistics company ArcBest has invested $25 million in Phantom Auto, a Silicon Valley-based provider of remote vehicle operation software. According to an ArcBest news release Wednesday…
by - November 2, 2021 12:07 pm
For the first time in ArcBest’s 98-year history, the Fort Smith-based shipping and logistics company topped $1 billion in quarterly revenue. Third-quarter revenue was $1.016 billion, up 27.9% compared with…
by - September 28, 2021 5:31 pm
Fort Smith-based ArcBest has published its second annual Environmental, Social and Corporate Governance (ESG) report, with the trucking and logistics company noting it is working with Institutional Shareholder Services to…
by - August 2, 2021 10:42 am
There’s good money in moving stuff from point A to point B. Fort Smith-based ArcBest posted a more than 200% increase in adjusted net income in the second quarter, with…
