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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) announced a hiring event for full-time city drivers on September 8, 2022, in San Fernando, CA, offering $15,000 signing bonuses. The event, held from 7 a.m. to 7 p.m. at 12200 Montague St., is open to candidates aged 21 and older. Attendees can expect assistance with job applications, interviews with recruiters, and potential same-day job offers. ABF Freight, a trusted less-than-truckload carrier, is known for its competitive benefits, including 100% company-paid health insurance and pension plans. For more details, visit jobs.abf.com.
ArcBest (NASDAQ: ARCB) announced a hiring event for full-time city drivers on September 7 in Long Beach, CA. The event aims to recruit new drivers with a generous signing bonus of $10,000 available on the first day. Interested candidates can attend from 7 a.m. to 7 p.m. at the Compton service center, with no appointment necessary. ABF Freight, ArcBest's less-than-truckload division, emphasizes its strong benefits, career development opportunities, and a supportive work culture. Over 10,000 employees are part of ABF, known for its stability and excellent wages.
ArcBest®, a leader in supply chain logistics, will host a hiring event for its less-than-truckload carrier, ABF Freight®, on August 23 and 24 in Minneapolis. The event seeks candidates for full-time city drivers and forklift operators, offering signing bonuses up to $15,000 for full-time city drivers and $5,000 for forklift operators. Interested candidates can attend without an appointment from 7 a.m. to 7 p.m. at 2950 Lone Oak Circle, Eagan, MN. The company employs over 10,000 people and offers competitive benefits including health insurance and a pension plan.
ArcBest (Nasdaq: ARCB) announced a two-day hiring event for full-time road and city drivers at ABF Freight in the Indianapolis area on August 23 and 24, 2022. The company is offering $10,000 signing bonuses available on the first day of employment. The event will take place from 7 a.m. to 7 p.m. at 3522 Perry Blvd., Whitestown, IN. Candidates can expect assistance with applications, on-the-spot interviews, and potential job offers. ABF Freight, a leading less-than-truckload carrier with over 10,000 employees, provides competitive wages and comprehensive benefits.
ArcBest (Nasdaq: ARCB) announces a hiring event for its less-than-truckload carrier, ABF Freight, on August 17, 2022, in Brockton. The company is offering $10,000 signing bonuses for full-time city drivers, available from the first day of employment. Interested candidates can attend the event from 7 a.m. to 7 p.m. at 150 Manley St., West Bridgewater, MA, without an appointment. The event will include job application assistance, interviews, and potential on-the-spot job offers. ABF Freight emphasizes its commitment to employee growth and benefits.
ArcBest (Nasdaq: ARCB) reported record second-quarter 2022 results, achieving revenue of $1.4 billion, a 46.8% increase year-over-year. Net income surged to $102.5 million, or $4.00 per diluted share. The growth is attributed to strategic acquisitions, including MoLo Solutions, and strong demand across all operating segments. Operating income also rose to $137.3 million from $74.3 million in Q2 2021. The company emphasized its focus on technology and innovation to sustain growth and support its logistics leadership position.
ArcBest (Nasdaq: ARCB) announced a quarterly cash dividend of $0.12 per share, payable on August 24, 2022. Shareholders on record as of August 10, 2022 will be eligible for this dividend. The decision reflects the company's commitment to returning value to its shareholders amidst its robust logistics operations.
ArcBest has announced a hiring event for full-time city drivers at its ABF Freight carrier on July 26-27, 2022, in Brooklyn, NY. The company is offering a $15,000 signing bonus available from the first day of employment. The event runs from 7 a.m. to 7 p.m. at 414 Maspeth Ave, with no appointment needed. Candidates will receive assistance with applications, interviews, and potential job offers. ABF Freight is a leading less-than-truckload carrier in North America, employing over 10,000 people with extensive benefits.
ArcBest (Nasdaq: ARCB) is advancing its Environmental, Social, and Corporate Governance (ESG) priorities, as highlighted in its recent press release. The company has purchased all-electric trucks for testing in California and joined the U.S. DOT's initiative against human trafficking. ArcBest received its second EcoVadis Bronze medal for sustainability and was recognized as a 2022 Inbound Logistics Green Supply Chain Partner. These initiatives emphasize ArcBest's commitment to sustainability and innovative practices aimed at enhancing its service capabilities and overall market position.
ArcBest (Nasdaq: ARCB) announced a hiring event on July 19-20, 2022, in Dayton, Ohio, seeking full-time road drivers, driver development program participants, and forklift operators. Signing bonuses include $10,000 for full-time drivers, $5,000 for program participants, and $250 for part-time operators. The event will run from 7 a.m. to 7 p.m. at ABF Freight's service center, with no appointment necessary. Candidates can expect support with applications, interviews, and potential job offers. ABF Freight employs over 10,000 people and provides extensive benefits for employees.
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