It’s a milestone few companies can say they’ve reached, but next year ArcBest will mark its 100-year anniversary. The Fort Smith-based shipping and logistics company has stayed in business through World War II, the Cold War, The Great Depression, The…
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ABF Freight Wins American Trucking Association Excellence Award
by AMP Staffby AMP StaffArcBest’s less-than-truckload carrier, ABF Freight, has won the 2021 Excellence in Cargo Claims and Loss Prevention Award – LTL Division from American Trucking Associations. ABF is the first nine-time winner of the award which is presented annually to one motor…
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ArcBest Releases First Quarter 2022 Earnings, Reports Record Profit
by AMP Staffby AMP StaffArcBest released results for the first quarter of 2022 on Friday. Highlights include: First quarter 2022 revenue of $1.3 billion increased 61.0 percent over first quarter 2021. Net income improved to $69.6 million, or $2.68 per diluted share. On a…
Judy R. McReynolds ArcBest Judy R. McReynolds is the chairman, president and CEO of ArcBest®. Under her leadership, ArcBest has evolved into a multibillion-dollar integrated logistics company — leading the way with cutting-edge technology and customized solutions that help keep…
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ArcBest to Acquire MoLo Solutions in $235M Cash Deal
by AMP Staffby AMP StaffArcBest, the supply chain logistics provider based in Fort Smith that operates ABF Freight, will acquire MoLo Solutions of Chicago, the company announced Wednesday. With the acquisition, ArcBest will become a top 15 U.S. truckload broker with access to more…
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Forbes Names Rogers School District Best Employer in State
by AMP Staffby AMP StaffThe Rogers school district is the best employer in the state of Arkansas, according to an article published by Forbes magazine on Tuesday. “Forbes partnered with market research company Statista to compile [its] third annual list of “America’s Best Employers…
Supply chain logistic company ArcBest® announced Wednesday that it has won the Quest for Quality Award in three separate categories, as selected by readers of Logistics Management. These awards have been regarded as the gold standard for customer satisfaction and performance excellence in the transportation and logistics industry. ArcBest…
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ArcBest Reports Its Highest Ever Quarterly Revenue in 2Q
by AMP Staffby AMP StaffArcBest on Monday reported its highest ever quarterly revenue and operating income in company history with 2021 second quarter revenue of $949 million. Operating income was $74.3 million and net income $61 million, $2.27 per diluted share, compared to 2020’s…
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Four Arkansas Companies Make Fortune 500 List in 2021
by Tyler Haleby Tyler HaleFour Arkansas companies made the 2021 Fortune 500 list, down one from last year. These four companies include Walmart, Tyson Foods, J.B. Hunt Transport Services and Murphy USA. Now in its 67th year, the Fortune 500 ranks the top corporations in…
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ArcBest Makes $1 Million Investment in Peak Innovation Center
by AMP Staffby AMP StaffArcBest is making a $1 million investment in the Peak Innovation Center in Fort Smith. The career and technology center, which is part of the Fort Smith Public School District’s Vision 2023 Capital Improvement Program, is set to open in…