NASDAQ Framework: ArcBest Corporation
Integrated logistics company offering transportation solutions 1.
1: ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. View Source
ArcBest Corporation, founded in 1923 and headquartered in Fort Smith, Arkansas, is a multibillion-dollar integrated logistics company that provides a wide range of transportation solutions, including ground, air, and ocean transportation. Operating through its Asset-Based and Asset-Light segments, ArcBest offers less-than-truckload (LTL) services, motor carrier freight transportation, ground expedite services, third-party transportation brokerage, warehousing, distribution, and managed transportation services. With a workforce of approximately 15,000 employees across 250 campuses and service centers, ArcBest is committed to innovation and customer relationships, leveraging its technology and scale to navigate supply chain challenges and deliver comprehensive logistics solutions 23.
2: ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. View Source3: ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 15,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and power of scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux™, one of TIME’s Best Inventions of 2023. View Source
NO
ArcBest Corporation is not currently led by its founders, nor is there any indication that the founders are heavily involved. The company was founded in 1923, and the current leadership includes Judy McReynolds, who has been president and CEO since 2010 and was elected board chair in 2016, and Seth Runser, who will succeed McReynolds as president beginning Aug. 1 45.
ArcBest Corporation is not currently led by its founders, nor is there any indication that the founders are heavily involved. The company was founded in 1923, and the current leadership includes Judy McReynolds, who has been president and CEO since 2010 and was elected board chair in 2016, and Seth Runser, who will succeed McReynolds as president beginning Aug. 1 45.
4: ArcBest President, CEO, and Board Chair Judy McReynolds will step down as president beginning Aug. 1, with ABF Freight President Seth Runser becoming ArcBest president. McReynolds has been president and CEO since 2010, and was elected board chair in 2016. View Source5: Matt Godfrey, vice president of engineering at ABF, will succeed Runser as ABF president on Aug. 1. ArcBest is the parent company of ABF Freight, one of the nation’s largest less-than-truckload carriers. Founded in 1923, ArcBest has around 15,000 employees at 250 locations. View Source
MEDIUM RISK
ArcBest Corporation's financial situation can be considered medium risk. The company has shown a decline in net income and revenue in recent periods, with a net income of $195.433 million in 2023, down 34.4% compared to $298.209 million in 2022, and revenue of $4.427 billion in 2023, down 12% from $5.029 billion in 2022 6. Additionally, the company posted a first-quarter net income loss of $2.312 million in 2023 7. However, the company is still generating significant revenue and has a positive outlook for earnings growth, with expectations to double earnings over the next few years 8. This mixed financial performance suggests a medium risk level, as the company is not in immediate financial distress but faces challenges that could impact its financial stability.
ArcBest Corporation's financial situation can be considered medium risk. The company has shown a decline in net income and revenue in recent periods, with a net income of $195.433 million in 2023, down 34.4% compared to $298.209 million in 2022, and revenue of $4.427 billion in 2023, down 12% from $5.029 billion in 2022 6. Additionally, the company posted a first-quarter net income loss of $2.312 million in 2023 7. However, the company is still generating significant revenue and has a positive outlook for earnings growth, with expectations to double earnings over the next few years 8. This mixed financial performance suggests a medium risk level, as the company is not in immediate financial distress but faces challenges that could impact its financial stability.
6: ArcBest had a net income of $195.433 million in 2023, down 34.4% compared with $298.209 million in 2022. Revenue in 2023 totaled $4.427 billion, down 12% compared with $5.029 billion in 2022. View Source7: The company is set to announce second quarter financials on Aug. 2. The consensus estimate is for the company to post per share earnings of $2.08, and revenue of $1.06 billion. ArcBest posted a first-quarter net income loss of $2.312 million on April 30, compared with a net income of $71.283 million in the same period of 2023. Revenue in the quarter was $1.036 billion, down 6.3% from the $1.106 billion in the same quarter of 2023. View Source8: Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. ArcBest's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. View Source
9: Create or manage a shipment I need to get a quote Get a Quote Whatever your logistics need, we're ready to solve it. Get a Quote I need to track a shipment Track your shipment Learn more about where your shipment is and when to expect it. Track shipment I need something else I need to request a pickup Ready for freight to be picked up? Use our convenient digital pickup request tool. Request Pickup Register for an arcb.com login Customer tools that make your job easier Create an arcb.com account for more access and visibility. Create account I have a residential move We Drive. You Save. Learn more about how U-Pack makes moving easy. Visit upack.com Get started with ArcBest I'd like to hear from sales You must have JavaScript enabled to use this form. CONNECT WITH US Discover how ArcBest can meet your logistics needs First name First name* Company email Company email* Leave this field blank I want to work for ArcBest ABF Freight Visit jobs.abf ArcBest Visit jobs.arcb ArcBest Technologies Visit jobs.arcbtech I want to drive for ArcBest Drive for ABF Freight Drive for ABF Drive for ArcBest Drive for ArcBest Drive for Panther Drive for Panther Discuss my supply chain You must have JavaScript enabled to use this form. CONNECT WITH US Discover how ArcBest can meet your logistics needs First name First name* Company email Company email* Leave this field blank View Source10: ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. View Source11: ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 15,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and power of scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux™, one of TIME’s Best Inventions of 2023. View Source
ArcBest Corporation's product roadmap and expansion strategy for 2024 through 2026 focuses on leveraging its extensive logistics capabilities and innovative technology to drive growth and efficiency. The company plans to enhance its service offerings across both its Asset-Based and Asset-Light segments, including less-than-truckload (LTL) services, ground expedite services, third-party transportation brokerage, and managed transportation services. ArcBest aims to capitalize on its global reach and substantial scale to optimize supply chain solutions, ensuring timely and efficient delivery of goods. With a commitment to innovation, ArcBest is poised to develop groundbreaking technologies and strengthen customer relationships, thereby navigating supply chain challenges and delivering superior logistics solutions 121314.
12: ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. View Source13: ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 15,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and power of scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux™, one of TIME’s Best Inventions of 2023. View Source14: ArcBest is focused on driving growth, enhancing efficiency and delivering superior returns. We listen to our customers, analyze emerging technologies and create modern logistics solutions that lead with a human touch and help keep the global supply chain moving. We are a differentiated provider with global scope and substantial scale: View Source