ArcBest Moves Up 38 Spots in Fortune 1000

ArcBest Corp. of Fort Smith, formerly known as Arkansas Best Corp. and parent company to ABF Freight and other related businesses, has moved up in the Fortune 1000.

The firm announced Wednesday that it had moved up 38 spots to No. 889. Last year, the company was 927 on the list, which rankls the nation's companies by gross revenue.

In addition to its largest subsidiary ABF Freight, one of the nation's leading less-than-truckload (LTL) carriers, ArcBest is the parent company of ABF Logistics, Panther Premium Logistics, FleetNet America and ArcBest Technologies.

ArcBest is considering moving ABF Freight from North Little Rock to Memphis.

In May, ArcBest announced plans for a new $30 million headquarters in Fort Smith