ArcBest Corp.
Arkansas Transport Sector Sees Signs of Recovery
The freight recession may be easing as industry leaders like J.B. Hunt and ArcBest anticipate recovery, with excess capacity still impacting equilibrium. read more >
by Marty Cook -
ArcBest Income Jumps in Q3, but Misses Wall Street Expectations
Profits rose due to a reduction in payouts related to the company’s 2021 acquisition of MoLo Solutions of Chicago. read more >
Longtime ArcBest Exec Michael Newcity to Retire; Dennis Anderson Named Successor
Newcity, ArcBest's chief innovation officer and president of ArcBest Technologies, is stepping down after 30 years with the company. read more >
ArcBest Income Rises 16% in Q2, but Misses Wall Street Forecasts
CEO Judy McReynolds said the results were solid, "especially considering ongoing macroeconomic headwinds.” read more >
ArcBest Names Seth Runser as President
He will assume the president’s role held by Judy McReynolds, who will remain ArcBest’s CEO and chair of the board of directors. read more >
NYITCOM-Arkansas Promotes Steven Lewis to Assistant Dean, Academic Affairs (Movers & Shakers)
He previously served as associate professor. read more >
ArcBest Reports $2.3M Loss in Q1, Stock Drops 15%
The loss includes a $21.6 million impairment charge related to ArcBest’s equity investment in remote driving startup Phantom Auto, which ceased operations in the quarter. read more >
Reading the Future: Transportation (40 Years of Arkansas Business)
“We are going to continue to move goods from where they are made to where they need to be consumed. People are not going to change their habit and start going down to the port to pick up their groceries.” said Shannon Newton, president of the Arkansas Trucking Association. read more >
by Marty Cook -
Merger in the Making? ArcBest Proposal Fuels Buzz
One of the proposals scheduled for a shareholders vote on April 26 was a change in the voting threshold for matters including the sale or merger of the company. read more >
by Marty Cook -
ArcBest Reports Exec Pay, Schedules Supermajority Vote Change
CEO Judy McReynolds and other executives saw their compensation dip in 2023. read more >
by Marty Cook -
Rising Operational Costs Hit Truckers Hard
The freight recession has driven down what carriers can charge, while inflationary pressures have made operations more expensive. read more >
by Marty Cook -
ArcBest Income Jumps 31% in Q4, but Annual Profits Fall
The freight transportation and logistics company said its quarterly income was $48.8 million, beating Wall Street forecasts. read more >
ArcBest Q3 Profit Drops 61% But Earnings Beat Street Forecasts
ArcBest Corp. of Fort Smith reports third-quarter earnings of $34.9 million. read more >
‘If You Got It’ (Lance Turner Editor’s Note)
Few of us give any thought to the punishing economics behind free shipping. read more >
by Lance Turner -
ArcBest Profit Plunges 61% in Q2
The freight transportation and logistics company said it took measures during the quarter to reduce costs for labor and outside services. read more >
Teamsters Contract Prohibits Use of In-Cab Cameras
The in-cab cameras apparently first became an issue between the two sides in 2019 when ABF Freight told the union it was installing driver-facing cameras. read more >
by Marty Cook -
ABF Freight, Teamsters Reach New Labor Agreement
The deal affects more than 8,000 union workers, who still have to vote to approve the agreement. read more >
Trucking Firms Ready to Ride Out A Freight Recession
Global companies may weather the storm, but smaller truckers are at risk. read more >
by Marty Cook -
ArcBest Profit Rises 2% in Q1, Misses Expectations
The company’s asset-based division reported more total shipments, but revenue per shipment fell by 8.5%. read more >
ArcBest Names Matt Beasley as Next CFO
Beasley is currently the company’s treasurer after joining the company in January 2022. read more >
Sign up for Daily E-news
Sign Up
THIS WEEK’S EDITION
This Week’s Stories
View Digital Edition
