Tagged: judy mcreynolds

ArcBest Corp. 3Q Profit UP 40 Percent

by Marty Cook 11/3/2014 8:46 am

ArcBest Corp. of Fort Smith reported third-quarter income of $19.6 million.

Trucking Firms Raise Pay To Keep Moving

by Marty Cook 8/11/2014 12:00 am

Listen to any Arkansas trucking company executive — with the possible exception of unionized ABF Freight — and you will hear lamentations about driver shortages in the industry. Short of cultural change to repopularize the job, executives know they have to pay more to attract drivers and work harder to keep them. The trend doesn’t look like it is going to get any better anytime soon.

ArcBest 2Q Profit Triples From Last Year

by Marty Cook 7/31/2014 9:45 am

ArcBest Corp. of Fort Smith reports its most profitable quarter in six years, driven by stronger performance in two of its subsidiaries, ABF Freight and Panther Premium Logistics.

Shannon Newton Takes Driver's Seat at Arkansas Trucking Association

by Marty Cook 7/7/2014 12:00 am

Shannon Newton, 35, was named president of the Arkansas Trucking Association June 11, replacing Lane Kidd, who stepped down in February after 22 years.

ArcBest Corp. Unveils $30M Plan for New Headquarters in Fort Smith

by Lance Turner and Marty Cook 5/30/2014 1:39 pm

ArcBest Corp. of Fort Smith said Friday that it will buy 40 acres of land at Chaffee Crossing in Fort Smith to build a new corporate headquarters. The $30 million project will allow the firm to support 975 new jobs in Fort Smith through 2021.

Newly Named ArcBest Narrows Loss, Posts 11 Percent Revenue Rise

by Lance Turner and Marty Cook 5/1/2014 3:18 pm

ArcBest Corp. of Fort Smith, formerly Arkansas Best Corp., narrowed its first-quarter loss and reported an 11 percent rise in quarterly revenue, even as it was hit with harsh winter eather and charges related to a pension settlement.

Arkansas Best Corp. Changing Its Name to ArcBest Corp.

by Marty Cook 4/30/2014 3:28 pm

Publicly traded Arkansas Best Corp. of Fort Smith said Wednesday that it is changing its name to ArcBest Corp. and adopting a new Nasdaq stock trading symbol, "ARCB." The company, which will report first-quarter earnings on Thursday, also unveiled a new logo system as it "strengthens its identity as a holistic provider of transportation and logistics solutions for a wide variety of customers."

Arkansas Best Names Danny Loe VP of Enterprise Customer Solutions

by Marty Cook 4/23/2014 11:12 am

Arkansas Best Corp. of Fort Smith names Danny Loe as its new vice president of enterprise customer solutions, replacing Jim Keenan, who retired after 33 years with the company March 31.

Arkansas Best Execs Enjoy Fruit of Profitable 2013

by Gwen Moritz 3/4/2014 3:35 pm

A cash incentive of nearly $600,000 bumped Judy McReynolds total compensation as CEO of Arkansas Best Corp. above $1.54 million in 2013, according to company's annual proxy statement.

Arkansas Best Rebounds From Full-Year, Quarterly Losses

by Lance Turner 1/30/2014 8:15 am

Arkansas Best Corp. of Fort Smith on Thursday reported results showing the trucking and logistics services company back in the black for the fourth quarter and the full year.

Teamsters Deal Brings Flexibility, Value to ABF

by Marty Cook 12/9/2013 12:00 am

While analysts say it will take awhile for ABF Freight System Inc. to fully realize the benefits of its five-year labor agreement with the Teamsters, the deal is already going over well on Wall Street.

ABF Freight, Teamsters Ratify 5-Year Labor Agreement

by Marty Cook 10/31/2013 10:04 am

After months of negotiations, ABF Freight System Inc. and the Teamsters ratify a five-year labor agreement that will go into effect Sunday. The contract, which runs through 2018, calls for 7 percent wage reduction, along with other benefit cuts. The wage reductions begin Sunday.

Arkansas Best Records 2Q Profit But Says High Labor Costs Still Hurt

by Lance Turner and Chris Bahn 8/9/2013 7:14 am

Arkansas Best Corp. of Fort Smith reported a profitable second quarter but said it continued to sustain losses in the first six months of the year on rising costs at its largest subsidiary, ABF Freight System Inc.

Teamsters Approve New ABFS Deal

by Chris Bahn 6/28/2013 6:26 am

Employees from the International Brotherhood of Teamsters have approved a five-year contract with a subsidiary of Arkansas Best Corp. of Fort Smith. Included in the contract is a 7 percent wage reduction.

Judy McReynolds Negotiates Path as Head of Arkansas Best

by Arkansas Business Staff 6/17/2013 12:00 am

Once a pioneering female executive at Arkansas Best Corp., Judy McReynolds, a member of the Arkansas Business 40 Under 40 Class of 1999, is now CEO of the trucking company, headquartered in Fort Smith.

Eight 40 Under 40 Honorees Who Became CEO

by Arkansas Business Staff 6/17/2013 12:00 am

Arkansas Business is proud to have featured a number of 40 Under 40 honorees who have gone on to the corner offices of publicly traded companies. Let’s count them.

YRC CEO is Done Talking About That ABF Freight Takeover Offer

by Lance Turner 5/23/2013 10:39 am

James Welch, CEO of YRC Worldwide Inc., is done talking about his firm's offer to take over ABF Freight Inc., the largest subsidiary of Arkansas Best Corp. of Fort Smith.

Base Salaries Up, But Incentive Pay Down For Officers at Arkansas Best

by Chris Bahn 4/10/2013 8:08 am

Arkansas Best Corp. CEO Judy McReyolds earned $945,386 in 2012, a drop of more than $400,000 from the previous year. The publicly traded trucking firm reported a net loss of $7.7 million in 2012.

Talks Between ABF, Teamsters to Continue; Existing Deal Expires March 31

by Chris Bahn 3/11/2013 12:00 am

Negotiations between ABF Freight System Inc. and the International Brotherhood of Teamsters will resume next week.

Arkansas Best Corp. Reports Loss, Seeks End to Teamsters Talk

by Chris Bahn and Lance Turner 1/30/2013 11:47 am

ABF Freight System Inc. expects contract negotiations with the International Brotherhood of Teamsters to be resolved by a March 31 deadline, but the CEO of its parent company said Wednesday that the firm is exploring options in case a new agreement can't be reached.