The Arkansas Research Alliance (ARA) announced Wednesday the addition of two new members to its Board of Trustees: Judy McReynolds of ArcBest and Jason Morris of Walmart. The new board members, whose tenure has already begun, will be introduced formally…
Judy McReynolds
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Adapt & Grow: After 99 Years, Fort Smith’s $4B Logistics Leader Keeps on Truckin’
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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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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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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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…
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Thorne Retiring as ABF Freight President in 2021; Runser Named Successor
by AMP Staffby AMP StaffTim Thorne will be stepping down as president of ABF Freight in 2021. Thorne will be retiring on June 30, following a 31-year career with the Fort Smith-based supply chain logistics company. He will be succeeded by Seth Runser, ABF…