OverviewSuggest Edit
ArcBest Corporation delivers integrated logistics solutions for a variety of supply chain challenges. The Company's offerings include less-than-truckload services via the ABF Freight network, ground expedite solutions through Panther Premium Logistics, household moving under the U-Pack brand and vehicle maintenance and repair from FleetNet America. ArcBest is focused on providing the best customer experience possible with seamless access to a broad suite of logistics capabilities, including truckload, LTL, ocean and air, ground expedite, managed transportation and warehousing.
| Type | Public | |
| Founded | 1923 | |
| HQ | Fort Smith, AR, US | Map |
| Website | arcb.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
Key People/Management at ArcBest
Judy R. McReynolds
Chairman, President and Chief Executive Officer
Craig E. Philip
Director
Steven L. Spinner
Lead Independent Director
Janice E. Stipp
Director
Kathleen D. McElligott
Director
Stephen E. Gorman
Director
ArcBest Office Locations
ArcBest has an office in Fort Smith
Fort Smith, AR, US (HQ)
3801 Old Greenwood Rd
Fort Smith, AR, US
8401 McClure Dr
ArcBest Financials and Metrics
ArcBest Revenue
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 (17-Sept-2021) | 1.9b |
Closing stock price (17-Sept-2021) | 73.9 |
Cash (30-Jun-2021) | 362.6m |
EV | 1.9b |
ArcBest's current market capitalization is $1.9 b.
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Cash | 138.4m | 181.7m | 183.8m | 352.2m | 406.3m | 267.6m | 301.5m | 362.6m |
Accounts Receivable | 294.9m | 296.1m | 292.9m | 278.8m | 273.1m | 323.8m | 344.2m | 360.5m |
Prepaid Expenses | 31.1m | 28.5m | 25.4m | 33.8m | 28.9m | 29.6m | 40.4m | 36.4m |
Current Assets | 606.5m | 651.5m | 658.0m | 869.5m | 902.0m | 730.2m | 768.7m | 843.5m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | 4.9m | 29.3m | 45.5m | 1.9m | 17.8m | 47.2m | 23.4m | 84.3m |
Depreciation and Amortization | 26.5m | 54.0m | 83.3m | 29.0m | 58.1m | 88.1m | 30.4m | 60.6m |
Accounts Payable | (36.0m) | (6.0m) | (11.7m) | (15.4m) | (14.8m) | 37.1m | (1.4m) | 41.8m |
Cash From Operating Activities | (3.4m) | 80.5m | 138.0m | 23.1m | 82.1m | 151.3m | 22.5m | 145.9m |
| USD | FY, 2018 |
|---|---|
EV/EBIT | 6.8 x |
EV/CFO | 2.9 x |
Revenue/Employee | 238.0k |
Debt/Equity | 0.1 x |
Financial Leverage | 2.1 x |
P/E Ratio | 13.6 |
ArcBest Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Total Shipment Weight, pounds | 6.37 b | 1.46 b | 1.61 b | 1.55 b | 6.06 b | 1.55 b | 1.39 b | 1.58 b | 6.07 b | 1.56 b | 1.7 b |
Daily Shipment Weight, pounds | 25.29 m | 23.19 m | 25.34 m | 24.45 m | 24.09 m | 24.26 m | 21.83 m | 24.76 m | 24 m | 24.71 m | 26.8 m |
Daily Shipments | 20.08 k | 19.22 k | 20.04 k | 20.03 k | 19.6 k | 18.8 k | 17.37 k | 19.42 k | 18.8 k | 19.29 k | 19.71 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 Name | Date | Deal Size |
|---|---|---|
| Logistics & Distribution Services, LLC | September 02, 2016 | $25 m |
| Bear Transportation Services, L.P. | December 01, 2015 | $26 m |
| Smart Lines Transportation Group, LLC | January 05, 2015 | $5.17 m |
| Panther Expedited Services Inc | June 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. |
ArcBest Revenue Breakdown
ArcBest revenue breakdown by business segment: 6.7% from FleetNet, 25.3% from ArcBest and 68.0% from Asset-Based
ArcBest Cybersecurity Score
ArcBest Online and Social Media Presence
1.41k Twitter followers
ArcBest has 1.41k Twitter Followers. The number of followers has increased 1.1% month over month and increased 2.6% quarter over quarter
ArcBest's Trends
Twitter Engagement Stats for @ArcBestCorp
7.7k
Tweets
168
Following
1.4k
Followers
32
Tweets last 30 days
1.6
Avg. likes per Tweet
65.6%
Tweets with engagement
ArcBest Company Culture
Overall Culture
A+
90/100
CEO Rating
A+
94/100
Compensation
A+
90/100
Diversity
A+
89/100
ArcBest News and Updates
May 12, 2021
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...
May 07, 2021
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,...
September 28, 2020
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...
August 12, 2020
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...
March 05, 2020
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...
August 08, 2019
ArcBest Named 2019 Great Supply Chain Partner
FORT SMITH, Ark., Aug. 8, 2019 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver integrated solutions, is pleased to announce that it is among the 100 Great Supply Chain Partners for 2019. Each year, SupplyChainBrain publishes...
ArcBest Blogs
October 18, 2018
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…
October 10, 2018
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…
October 09, 2018
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…
October 05, 2018
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…
September 12, 2018
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-…
September 11, 2018
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…
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, Craig E. Philip and Steven L. Spinner.
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 Kirby Corporation, Unitcargo and Lambert Brothers.
Where is ArcBest headquarters?
ArcBest headquarters is located at 3801 Old Greenwood Rd, Fort Smith.
Where are ArcBest offices?
ArcBest has an office in Fort Smith.
How many offices does ArcBest have?
ArcBest has 2 offices.
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