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ArcBest, one of the largest employers in the Fort Smith metro, is cutting pay, implementing a hiring freeze and taking other “cash preservation” measures as the COVID-19 pandemic has resulted…
by - January 30, 2020 4:01 pm
ArcBest posted 2019 net income of $39.985 million, well below the $67.262 million in 2018, but the sixth consecutive year of positive income. The transportation holding company also announced a…
by - November 4, 2019 5:54 pm
Transportation industry analysts with Stephens Inc. remain positive about Fort Smith-based ArcBest even as the company reported lower than expected third quarter earnings, and even with reports of a tough…
by - October 31, 2019 6:28 pm
Reduced customer demand thanks to a “more moderate” national economy pushed revenue and income down for Fort Smith-based ArcBest. Net income in the third quarter was down 60% and quarterly…
by - October 13, 2019 3:58 pm
The history of one of Fort Smith’s top companies will be on display through late summer 2020 at the Fort Smith Museum of History. The exhibit showcases the history of…
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…
