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ArcBest Corporation (ARCB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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145.34+5.81 (+4.16%)
As of 01:53PM EDT. Market open.

ArcBest Corporation

8401 McClure Drive
Fort Smith, AR 72916
United States
479 785 6000
https://www.arcb.com

Sector(s)Industrials
IndustryTrucking
Full Time Employees15,000

Key Executives

NameTitlePayExercisedYear Born
Ms. Judy R. McReynoldsChairman, President & CEO5.08MN/A1963
Mr. J. Matthew BeasleyChief Financial Officer793.15kN/A1980
Mr. Michael E. NewcitySenior VP & Chief Innovation Officer1.59MN/A1970
Mr. Dennis L. Anderson IIChief Strategy Officer1.6MN/A1981
Mr. Seth RunserPresident of ABF Freight Systems, Inc1.71MN/A1985
Mr. Jason T. ParksVP, Controller & Chief Accounting OfficerN/AN/A1980
Mr. R. David HumphreyVice President of Investor RelationsN/AN/A1959
Mr. Michael R. JohnsChief Legal Officer & Corporate Secretary628.86kN/A1959
Ms. Erin K. GattisChief Human Resources OfficerN/AN/A1974
Mr. Steven LeonardChief Commercial Officer & President of Asset-Light LogisticsN/AN/A1975
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate Governance

ArcBest Corporation’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 3; Board: 6; Shareholder Rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.