July 29, 2016 - Industry News
The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.
Tags: Economy, UPS, ABF, YRC Worldwide, YRC Freight, Saia, UPS Freight, Universal Truckload, ArcBest Corp., Fleet Earnings, Universal Logistics Holdings
April 29, 2016 - Industry News
The parent to less-than-truckload carrier ABF Freight moved into the red in the first quarter of the year, according to its earnings report released Friday, as many other companies are also reporting weaker performances compared to a year ago
Tags: Economy, Earnings, ABF, ArcBest Corp., Fleet Earnings
February 3, 2016 - Industry News
ArcBest president and chief executive officer Judy R. McReynolds has been elected chairman of the board of directors, succeeding Robert A. Young, who is retiring.
Tags: Leadership, People, ArcBest Corp.
Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.
Tags: Economy, Eaton, Meritor, Eaton Corp., ABF, Wabash National, C.H. Robinson, ArcBest Corp., Fleet Earnings
October 30, 2015 - Industry News
More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.
Tags: Celadon Trucking Services, Celadon Group, ABF, YRC Worldwide, YRC Freight, Hub Group, Economy, Old Dominion Freight Line, ArcBest Corp., Fleet Earnings, LTL
August 3, 2015 - Industry News
With record second-quarter revenue, ArcBest's net income rose to $20 million, or 74 cents per diluted share, from $17.2 million, or 64 cents per diluted share a year earlier.
Tags: Economy, ABF, ArcBest Corp., Fleet Earnings, LTL
May 4, 2015 - Industry News
ArcBest Corp. on Monday announced it was back in the black during the first quarter for the first time in seven years, reporting first quarter net income of $700,000 or 3 cents per share.
Tags: Earnings, Panther, ABF, ArcBest Corp.
February 4, 2015 - Industry News
The parent company to trucking operations ABF Freight, Panther Premium Logistics and others reported profit increased 41% in the final quarter of 2014 while it nearly tripled for all of last year.
Tags: Earnings, ABF, ArcBest Corp.
January 5, 2015 - Industry News
ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.
Tags: ABF, Logistics, Mergers & Acquisitions, ArcBest Corp., 3PL
November 3, 2014 - Industry News
Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.
October 20, 2014 - Industry News
The American Transportation Research Institute named Judy McReynolds as its new chairman of the board, succeeding Steve Williams, CEO of Maverick Transportation.
Tags: ATRI, People, ArcBest Corp.
October 16, 2014 - Industry News
The president and CEO of the trucking company ABF Freight System, Roy M. Slagle, retired on Wednesday following 37 years of service.
Tags: People, ABF, ArcBest Corp., LTL
July 31, 2014 - Industry News
Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.
Tags: Old Dominion Freight Line, Earnings, Panther, ABF, ArcBest Corp.
July 28, 2014 - Industry News
While there has been no official word from less-than-truckload carrier ABF Freight or its parent ArcBest Corp., it appears the company has plans for a move and expansion of one of its primary facilities.
Tags: Tennessee, Arkansas, ABF, ArcBest Corp., LTL
May 30, 2014 - Industry News
ArcBest is under contract to purchase 40 acres of land at Chaffee Crossing in Fort Smith, Ark., for construction of a new corporate headquarters. The company said it has exceeded the capacity at its current Fort Smith general office.
Tags: ABF, ArcBest Corp.
May 1, 2014 - Industry News
The trucking operation, Arkansas Best, just renamed ArcBest, has reported a first quarter net loss of $2.9 million, or 11 cents per share, compared to a first quarter 2013 net loss of $13.4 million, or 52 cents per share.
Tags: Earnings, Arkansas Best, Panther, ABF, ArcBest Corp.
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