ArcBest
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 -
From Retail AI to Rural Health Tech: Key Takeaways from the 2024 Northwest Arkansas Tech Summit
The summit had four main focus areas: retail value chain, health tech, smart mobility and emerging technologies. read more >
by Chloe McGehee -
Big Moves In Tech and Innovation Teased at NWA Tech Summit
The Northwest Arkansas Technology Summit, held Oct. 28-29, hinted at several major tech developments for the state. read more >
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 >
Fair, Effective Laws Needed for Crypto (Letter to the Editor)
A letter to the editor regarding crypto regulation read more >
by Kim Troboy -
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 >
ArcBest Exec Dennis Anderson Joins Board of Burlsworth Foundation
Anderson is the 15th member of the foundation’s board of directors. read more >
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 -
ArcBest Launches Line of Autonomous Forklifts, Reach Trucks
The robots have advanced cameras and sensors to navigate facilities, find specific pallets and then unload and load them. read more >
ArcBest’s $100M FleetNet Sale is Part of CEO’s Vision for the Future
For ArcBest CEO Judy McReynolds, the decision to sell one of her company’s divisions was a strategic case of addition by subtraction. 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 >
Accountable Leadership: Former CFOs Lead Arkansas Companies to New Heights
You didn’t have to be a wizard with numbers to know that Judy McReynolds was stepping into a tough situation when she was named CEO of ArcBest Corp. in late […] read more >
by Marty Cook -
Arkansas Business Announces Finalists for Innovation Pacesetter Award
The category honors startups or existing companies that are remaking an old industry or charting an entirely new course to create a new market. read more >
Teamsters ‘Overwhelmingly’ Approve ArcBest Labor Deal
The national agreement will cover 8,600 members in 137 local unions who work in the U.S. for ABF Freight, ArcBest’s less-than-truckload subsidiary. read more >
Chris Treat Named President of Citizens Bank’s Trust Division (Movers & Shakers)
He is responsible for the division’s growth profitability, business retention and development. read more >
ArcBest Deal With Teamsters: Raises, No Cameras
The contract covers approximately 8,500 union members who work for ABF Freight, ArcBest’s less-than-truckload subsidiary. 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 >
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