ArcBest

OverviewSuggest Edit

ArcBest Corporation is a company that provides freight transportation and integrated logistics solutions. Its offerings include LTL (less than truckload shipping) freight transportation, specialized transportation, logistics, and supply chain management services, ground expedite solutions, brand and household goods moving services, and commercial vehicle maintenance and repair. The company presents tools for tracking, calculating, document creating, shipment planning, scheduling, etc.
TypePublic
Founded1923
HQFort Smith, AR, US
Websitearcb.com
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)13,000
Job Openings610
Revenue (FY, 2020)$2.9 B(-1%)
Share Price (May 2022)$75.8(+4%)
Cybersecurity ratingBMore
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Key People/Management at ArcBest

Judy R. McReynolds

Judy R. McReynolds

Chairman, President and Chief Executive Officer
Erin K. Gattis

Erin K. Gattis

Chief Human Resources Officer
James A. Ingram

James A. Ingram

Chief Operating Officer, Asset-Light Logistics
David R. Cobb

David R. Cobb

Vice President - Chief Financial Officer
Steven Leonard

Steven Leonard

Chief Sales and Customer Engagement Officer
Danny Loe

Danny Loe

President, Asset-Light Logistics and Chief Yield Officer
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ArcBest Office Locations

ArcBest has offices in Fort Smith, Albuquerque, Carlisle, Chicago and in 9 other locations
Fort Smith, AR, US (HQ)
8401 McClure Dr
Albuquerque, NM, US
4800 Lincoln Rd NE
Carlisle, PA, US
2001 Harrisburg Pike
Chicago, IL, US
5300 W 47th St
Conley, GA, US
1165 Wilburn Rd
Dallas, TX, US
4242 Irving Blvd
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ArcBest Financials and Metrics

ArcBest Revenue

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ArcBest's revenue was reported to be $2.94 b in FY, 2020 which is a 1.6% decrease from the previous period.
USD

Revenue (Q1, 2021)

829.2m

Gross profit (Q1, 2021)

87.3m

Gross profit margin (Q1, 2021), %

10.5%

Net income (Q1, 2021)

23.4m

EBIT (Q1, 2021)

32.2m

Market capitalization (27-May-2022)

1.9b

Closing stock price (27-May-2022)

75.8

Cash (30-Jun-2021)

362.6m

EV

1.9b
ArcBest's current market capitalization is $1.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

3.1b3.0b2.9b

Revenue growth, %

9%(3%)(2%)

Cost of goods sold

2.7b2.7b2.6b

Gross profit

381.3m328.9m346.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

711.8m771.5m787.6m701.4m627.4m795.0m829.2m

Cost of goods sold

644.0m677.9m694.0m633.7m548.0m691.8m741.9m

Gross profit

67.8m93.6m93.5m67.7m79.4m103.2m87.3m

Gross profit Margin, %

10%12%12%10%13%13%11%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

190.2m201.9m304.0m

Accounts Receivable

297.1m282.6m320.9m

Prepaid Expenses

25.3m30.4m37.8m

Current Assets

649.2m664.4m758.2m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

67.3m40.0m71.1m

Depreciation and Amortization

108.6m112.5m118.4m

Accounts Payable

52.0m(27.0m)41.3m

Cash From Operating Activities

255.3m170.4m206.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

4.9m29.3m45.5m1.9m17.8m47.2m23.4m84.3m

Depreciation and Amortization

26.5m54.0m83.3m29.0m58.1m88.1m30.4m60.6m

Accounts Payable

(36.0m)(6.0m)(11.7m)(15.4m)(14.8m)37.1m(1.4m)41.8m

Cash From Operating Activities

(3.4m)80.5m138.0m23.1m82.1m151.3m22.5m145.9m
USDFY, 2018

Revenue/Employee

238.0k

Debt/Equity

0.1 x

Financial Leverage

2.1 x
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ArcBest Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Total Shipment Weight, pounds

6.37 b1.46 b1.61 b1.55 b6.06 b1.55 b1.39 b1.58 b6.07 b1.56 b1.7 b

Daily Shipment Weight, pounds

25.29 m23.19 m25.34 m24.45 m24.09 m24.26 m21.83 m24.76 m24 m24.71 m26.8 m

Daily Shipments

20.08 k19.22 k20.04 k20.03 k19.6 k18.8 k17.37 k19.42 k18.8 k19.29 k19.71 k

Revenue per Hundredweight

$34.16$34.66$35.11$36.35$35.44$33.16$33.69$35.69$34.6$36.09$38.87

ArcBest Acquisitions / Subsidiaries

Company NameDateDeal Size
Logistics & Distribution Services, LLCSeptember 02, 2016$25 m
Bear Transportation Services, L.P.December 01, 2015$26 m
Smart Lines Transportation Group, LLCJanuary 05, 2015$5.17 m
Panther Expedited Services IncJune 15, 2012$180 m
ABF Cartage, Inc.
ABF Freight System (B.C.) ULC
ABF Freight System Canada ULC
ABF Freight System , Inc.
ABF, Inc. d/b/a Transport Realty, Inc.
Albert Companies, Inc.
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ArcBest Revenue Breakdown

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ArcBest revenue breakdown by business segment: 25.3% from ArcBest, 6.7% from FleetNet and 68.0% from Asset-Based

ArcBest Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

ArcBest Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ArcBest Online and Social Media Presence

Embed Graph

ArcBest Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    A+

    93/100

  • Compensation

    A+

    89/100

  • Diversity

    A+

    88/100

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ArcBest News and Updates

ArcBest Announces Record-Setting Fourth Quarter 2021 and Full Year 2021 Results

FORT SMITH, Ark., Feb. 1, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2021 revenue of $1.2 billion, reflecting an increase of $368.8 million compared to fourth quarter 2020. Each of ArcBest's operating segments achieved...

Global Road Logistics Market- AAA Cooper Transportation Inc., ArcBest Corp., C.H. Robinson Worldwide Inc., among others to contribute to the market growth

NEW YORK, May 11, 2021 /PRNewswire/ -- The road logistics market is poised to grow by USD 439.92 bn during 2021-2025, progressing at a CAGR of 2% during the forecast period. View our exclusive report on market scenarios, estimates, the impact of lockdown, and customer behaviour. Download...

ArcBest Announces Investment In Peak Innovation Center

FORT SMITH, Ark., May 7, 2021 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, is pleased to announce a $1 million investment in the Peak Innovation Center, a regional career and technology center in Fort Smith. The state-of-the-art Peak Innovation Center,...

ArcBest Among 2020 Top 100 Truckers

FORT SMITH, Ark., Sept. 28, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, is pleased to announce that it has again been recognized among the Top 100 Truckers by Inbound Logistics. Inbound Logistics, a monthly trade magazine targeted toward business...

ArcBest Receives Five Quest For Quality Awards

FORT SMITH, Ark., Aug. 12, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, is pleased to announce that it has received five 2020 Quest for Quality Awards. ArcBest's less-than-truckload carrier ABF Freight® was honored as National LTL Carrier and Truckload...

ArcBest Employee Training Program Recognized For 11th Consecutive Year

FORT SMITH, Ark., March 5, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, is pleased to announce its employee training program placed 12th among Training magazine's 2020 Top 125. The ArcBest program...
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ArcBest Blogs

ABF Freight Driver Represents Industry at White House

ABF Freight Driver Represents Industry at White House Jennifer Faldon Thu, 10/18/2018 - 11:56 On Oct. 17, ABF Freight driver David Boyer represented the American Trucking Associations during a trucking industry visit to the White House. Boyer, an America’s Road Team Captain, visited w…

Developing a Growth Mindset

Developing a Growth Mindset Lori Brooks Wed, 10/10/2018 - 08:00 Natural Born Grown Leader You hear a lot today about having a fixed mindset versus having a growth mindset. I was fortunate enough early in my career to have worked for a company with a leader (or rather, leaders) who liv…

Hurricane Michael Service Update

Hurricane Michael Service Update Lindsey Kennedy Tue, 10/09/2018 - 16:56 ArcBest service operations affected by Hurricane Michael Our hurricane preparedness process is in effect as of 10/9/18. Due to mandatory evacuations and anticipated heavy winds and flooding, operations at some AB…

ArcBest 3Q 2018 Earnings Conference Call

ArcBest 3Q 2018 Earnings Conference Call Jennifer Faldon Fri, 10/05/2018 - 11:04 Earnings Conference Call – Friday, November 2, 2018, 9:30 a.m. ET (8:30 a.m. CT) Dial (800) 670-1536 to listen live. Following the call, a recorded playback will be available through the end of the day…

What You Need to Know About Dry Van Shipping

What You Need to Know About Dry Van Shipping Justin Bates Wed, 09/12/2018 - 08:00 What is a dry van? A dry van is a type of semi-trailer that’s fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren’t temperature-…

Hurricane Florence Service Update

Hurricane Florence Service Update Becky Harris Tue, 09/11/2018 - 13:58 ArcBest service operations affected by Hurricane Florence Our hurricane preparedness process is in effect as of Tuesday, September 11th. Due to mandatory evacuations of the coast and anticipated heavy winds and flo…
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ArcBest Frequently Asked Questions

  • When was ArcBest founded?

    ArcBest was founded in 1923.

  • Who are ArcBest key executives?

    ArcBest's key executives are Judy R. McReynolds, Erin K. Gattis and James A. Ingram.

  • How many employees does ArcBest have?

    ArcBest has 13,000 employees.

  • What is ArcBest revenue?

    Latest ArcBest annual revenue is $2.9 b.

  • What is ArcBest revenue per employee?

    Latest ArcBest revenue per employee is $226.2 k.

  • Who are ArcBest competitors?

    Competitors of ArcBest include Expeditors International, Schneider and J.B. Hunt Transport.

  • Where is ArcBest headquarters?

    ArcBest headquarters is located at 8401 McClure Dr, Fort Smith.

  • Where are ArcBest offices?

    ArcBest has offices in Fort Smith, Albuquerque, Carlisle, Chicago and in 9 other locations.

  • How many offices does ArcBest have?

    ArcBest has 15 offices.