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ArcBest Corporation (symbol: ARCB) is a leading logistics and transportation company that expertly handles complex supply chain challenges. ArcBest operates through two primary segments: Asset-Based and Asset-Light.
The Asset-Based segment involves the operations of ABF Freight System, Inc., and other subsidiaries. It provides comprehensive transportation services including national, inter-regional, and regional LTL (Less-Than-Truckload) freight services. This segment also offers expedited and guaranteed LTL services to ensure timely delivery of goods.
The Asset-Light segment encompasses a diverse range of logistics services. These include truckload, ground expedite, dedicated transportation, intermodal solutions, household goods moving, and managed transportation. Additionally, ArcBest extends its reach globally with international freight transportation services encompassing air, ocean, and ground shipments.
Among the prominent brands under the ArcBest umbrella are ABF Freight, ABF Logistics, Panther Premium Logistics, FleetNet America, U-Pack, and ArcBest Technologies. Each brand is dedicated to providing tailored solutions, whether it's shipment and supply chain optimization, household moves, or vehicle repair services.
ArcBest’s business model emphasizes innovation and customer-centric solutions, leveraging advanced technologies through ArcBest Technologies to streamline logistics processes. The company remains committed to delivering efficient, reliable, and cost-effective services to meet diverse client needs.
Recently, ArcBest has engaged in numerous projects aimed at enhancing their logistics capabilities and expanding their service offerings. The company remains financially robust with a positive growth trajectory, underpinned by strategic partnerships and continuous improvement initiatives.
Stay updated with the latest news from ArcBest Corporation to learn more about their ongoing developments, recent achievements, and future projects.
ArcBest (Nasdaq: ARCB) announces a two-day hiring event for ABF Freight on February 21-22, 2022, in Aston, Pennsylvania. The company is seeking full-time city drivers and Driver Development Program trainees, offering signing bonuses of $10,000 and $2,500, respectively, payable on the first day of employment. Candidates can attend from 7 a.m. to 7 p.m. with no appointment necessary. ABF Freight, a major less-than-truckload carrier, emphasizes career growth and offers competitive benefits, including 100% company-paid health insurance and a pension plan.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for ABF Freight on February 21-22 in Elkridge, Maryland. The company seeks full-time and part-time city drivers, dock-to-driver trainees, and forklift operators. Signing bonuses are offered: $12,500 for full-time drivers, $1,000 for part-time drivers, and $250 for forklift operators, payable on the first day of employment. The event runs from 7 a.m. to 7 p.m. at 6720 Washington Blvd. Job assistance, interviews, and potential job offers will be provided during the event.
ArcBest (Nasdaq: ARCB) announced a hiring event for full-time city drivers at ABF Freight in Orange, California, on February 17, 2022. Candidates can receive a $10,000 signing bonus and potentially secure jobs on the spot. The event runs from 7 a.m. to 7 p.m. at 1601 North Batavia St., and no appointment is necessary. ABF Freight is one of the largest less-than-truckload carriers in North America, offering competitive wages, health benefits, and a pension plan. The company employs over 10,000 people, with many drivers enjoying long tenures.
ArcBest (Nasdaq: ARCB) announced a one-day hiring event for full-time city drivers at ABF Freight in Pacoima, California on February 16, offering $15,000 signing bonuses. The event runs from 7 a.m. to 7 p.m. at 12200 Montague St. Interested candidates can apply onsite, interview with recruiters, and potentially receive job offers. ABF Freight is a leading less-than-truckload carrier with over 10,000 employees, providing competitive benefits including full health insurance and a pension plan.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for its ABF Freight carrier on February 14-15, 2022, in Pico Rivera, California. The event aims to recruit full-time city drivers, offering a generous signing bonus of $10,000. Candidates can apply and interview on-site without an appointment from 7 a.m. to 7 p.m. Interested applicants should be at least 21 years old. ABF Freight, known for its strong employee retention, provides comprehensive benefits including health insurance and a pension plan.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for ABF Freight in Eagan, Minnesota, on February 8-9, 2022. The event seeks to fill full-time city driver, part-time forklift operator, and full-time dock-to-driver trainee positions. Signing bonuses of $15,000, $1,000, and $5,000 are offered for these roles, respectively. Candidates, aged 21 and above, can expect job application assistance, interviews, and potential job offers on-site. ABF Freight is one of North America’s top less-than-truckload carriers, employing over 10,000 people.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for ABF Freight in Avenel, NJ, on February 8-9, 2022. The event aims to recruit full-time Class A CDL city drivers, part-time forklift operators, and Driver Development Program trainees, offering lucrative signing bonuses of $15,000, $250, and $5,000, respectively. Candidates can expect assistance with job applications, interviews, and potential same-day job offers. ABF Freight is one of the largest less-than-truckload carriers, employing over 10,000 staff across North America and providing excellent employee benefits.
ArcBest (Nasdaq: ARCB) reported a robust fourth quarter of 2021, achieving $1.2 billion in revenue, a $368.8 million increase from Q4 2020. Operating income surged to $86.9 million with a net income of $65.5 million or $2.47 per diluted share. Full year revenue reached $4.0 billion, compared to $2.9 billion in 2020. The positive results were bolstered by the acquisition of MoLo Solutions. The company plans strategic investments in technology and logistics solutions to maintain growth momentum in 2022.
ArcBest (Nasdaq: ARCB) has declared a quarterly cash dividend of $0.08 per share for its Common Stock. Holders of record will receive this payment on February 25, 2022, with the record date set for February 11, 2022. This decision reflects the company’s commitment to returning value to its shareholders. ArcBest is a leading integrated logistics company, operational since 1923, employing over 14,000 individuals across more than 250 service locations worldwide.
ArcBest® (Nasdaq: ARCB) has announced a two-day hiring event for ABF Freight® in Kent, Washington on January 27-28, 2022. The company seeks full- and part-time Class A CDL city drivers, offering signing bonuses of $10,000 for full-time positions and $5,000 for its Driver Development Program. Interested candidates can attend the event from 7 a.m. to 7 p.m. at 7226 South 262 St., Kent, WA, with no appointment necessary. ABF Freight provides competitive wages, comprehensive health benefits, and a supportive work environment.
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