Tagged: judy mcreynolds

ArcBest Names 2 New Board Members

by Alexis Hosticka 8/3/2015 9:31 am

ArcBest Corp. of Fort Smith, the publicly traded trucking and logistics firm, announced two new members to its board of directors, Kathy D. McElligott and Stephen E. Gorman, effective July 28.

ArcBest 2Q Net Income Up 16 Percent

by Lance Turner 8/3/2015 7:21 am

ArcBest Corp. of Fort Smith on Monday reported second-quarter net income of $19.9 million, or 74 cents diluted earnings per share, up 16 percent from $17.2 million, or 63 cents, in the same quarter last year.

ArcBest Posts Best Quarter in 7 Years, $745K Net Income

by Lance Turner 5/4/2015 6:41 am

ArcBest Corp. of Fort Smith on Monday reported its best first quarter in seven years, citing $745,000 in profit versus a loss of $5.2 million in same the quarter last year.

Judy McReynolds: ArcBest Corp. Aiming for $3B in Revenue

by Marty Cook 5/1/2015 10:28 am

ArcBest Corp. of Fort Smith wants to be a $3 billion company in 2015, CEO and President Judy McReynolds said at the company’s annual shareholders meeting Friday. ArcBest generated $2.6 billion in revenue in 2014, an increase of about 14 percent.

ArcBest Corp. Breaks Ground in New Corporate Headquarters

by Marty Cook 4/15/2015 3:47 pm

Gov. Asa Hutchinson helped ArcBest Corp. of Fort Smith break ground Wednesday for its new, four-story, 200,000-SF company headquarters at Chaffee Crossing. ArcBest expects the building to be completed in late 2016 and said it will create 975 jobs through 2021.

ArcBest Corp. CEO Gets $2.3M in 2014 Compensation

by Marty Cook 3/13/2015 12:00 pm

ArcBest Corp. CEO Judy McReynolds made more than $2.3 million in 2014 thanks to a combination of cash incentives that totaled more than $1.3 million, the company said in its annual proxy statement.

ArcBest 4Q Profit Up 41 Percent

by Marty Cook 2/4/2015 6:54 am

ArcBest Corp. of Fort Smith on Wednesday reported fourth quarter net income of $14.5 million, up 41 percent from the same time last year.

ArcBest Names New CFO, Adds Innovation Role

by Mark Carter 12/19/2014 8:16 am

ArcBest Corp. names David Cobb CFO effective Jan. 1, and previous CFO Michael Newcity becomes chief innovation officer and president of subsidiary ArcBest Technologies.

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.