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…
by - May 7, 2021 1:32 pm
Fort Smith-based ArcBest, a shipping and logistics company, announced Friday (May 7) it will make a $1 million investment in the Peak Innovation Center, a regional career and technology center…
by - May 4, 2021 11:07 am
More consumer demand and not enough equipment to ship what the consumer demands helped Fort Smith-based ArcBest boost first-quarter revenue by more than 18% and post earnings per share of…
by - February 2, 2021 3:16 pm
A strong fourth quarter in which tonnage shipped per day was up almost 8% helped Fort Smith-based ArcBest post 2020 net income of $71.1 million, up 77.8% compared with the…
by - November 3, 2020 3:04 pm
An improved freight market environment allowed Fort Smith-based ArcBest to better balance revenue with costs resulting in quarterly net income growth of 80.7% and operating income gains in its trucking…
by - October 7, 2020 4:40 pm
Fort Smith-based logistics company ArcBest, the parent company of less-than-truckload carrier ABF Freight, has worked to overcome numerous challenges that have come about because of the COVID-19 pandemic. Judy McReynolds,…
by - September 1, 2020 3:47 pm
Fort Smith-based ArcBest announced Tuesday (Sept. 1) that Danny Loe will add the role of president of the company’s asset-light segment while also retaining the title of chief yield officer…
by - July 29, 2020 12:18 pm
Revenue and income at Fort Smith-based ArcBest for the first half of 2020 are below that of the same period in 2019, but improving conditions have allowed an end to…
by - May 5, 2020 3:15 pm
Economic disruption from the COVID-19 pandemic “did not have a significant impact” on ArcBest in the first quarter, but revenue for the shipping and logistics company fell 20% in April,…
