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,…
by - April 6, 2020 5:32 pm
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…
