← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
ArcBest
-4.73%
Transportation / Transportation and logistics
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
ArcBest is a transportation and logistics company based in Fort Smith, Arkansas. The company was founded in 1923 as Arkansas Motor Freight and has since grown to become a leader in transportation services in North America.
ArcBest offers a variety of transportation and logistics solutions, including less-than-truckload (LTL) freight shipping, truckload shipping, supply chain management, and warehousing services. The company also provides specialized services such as temperature-controlled shipping, expedited shipping, and intermodal transportation.
ArcBest operates through its subsidiaries, including ABF Freight, ArcBest Technologies, FleetNet America, and Panther Premium Logistics, serving customers in various industries such as retail, healthcare, and manufacturing.
The company has a strong commitment to sustainability and has implemented eco-friendly practices throughout its operations, including the use of alternative fuels, energy-efficient facilities, and recycling programs. It also partners with organizations such as the Environmental Protection Agency’s SmartWay program to reduce emissions and improve efficiency.
In addition to its transportation services, ArcBest is also known for its philanthropic efforts in the communities where it operates. The company supports various charitable organizations and initiatives, including education, health and human services, and environmental conservation.
ArcBest offers a variety of transportation and logistics solutions, including less-than-truckload (LTL) freight shipping, truckload shipping, supply chain management, and warehousing services. The company also provides specialized services such as temperature-controlled shipping, expedited shipping, and intermodal transportation.
ArcBest operates through its subsidiaries, including ABF Freight, ArcBest Technologies, FleetNet America, and Panther Premium Logistics, serving customers in various industries such as retail, healthcare, and manufacturing.
The company has a strong commitment to sustainability and has implemented eco-friendly practices throughout its operations, including the use of alternative fuels, energy-efficient facilities, and recycling programs. It also partners with organizations such as the Environmental Protection Agency’s SmartWay program to reduce emissions and improve efficiency.
In addition to its transportation services, ArcBest is also known for its philanthropic efforts in the communities where it operates. The company supports various charitable organizations and initiatives, including education, health and human services, and environmental conservation.
What is special about the company?
1. Diverse Range of Services: ArcBest offers a wide range of transportation and logistics services, including freight transportation, supply chain solutions, and logistics IT solutions, making it a one-stop-shop for all shipping and logistics needs.
2. Long History of Success: Founded in 1923, ArcBest has a long history of success, making it one of the oldest and most established logistics companies in the United States. This longevity speaks to its stability and expertise in the industry.
3. Strong Reputation: ArcBest has a strong reputation for reliability, innovation, and customer service. It has won multiple awards for its excellence in transportation and logistics, including being named one of the Top 100 Motor Carriers by Inbound Logistics magazine.
4. Advanced Technology: ArcBest has invested in advanced technology, including their proprietary transportation management system, to enhance efficiency and streamline operations for their customers.
5. Commitment to Sustainability: The company has a commitment to sustainability and has implemented environmentally-friendly practices in its operations to reduce its carbon footprint and promote sustainability in the transportation industry.
6. Global Reach: ArcBest has a global network of partners and facilities, allowing them to offer transportation and logistics services in over 130 countries worldwide.
7. Employee Development: The company values its employees and invests in their development through training, educational opportunities, and career advancement programs.
8. Corporate Social Responsibility: ArcBest is committed to serving its community through philanthropic initiatives, volunteer work, and partnerships with local organizations.
9. Focus on Customer Needs: ArcBest puts its customers first by providing personalized solutions and investing in relationships to better understand and meet their specific needs.
10. Innovative Solutions: The company constantly seeks to develop and implement new, innovative solutions to improve and modernize its services, staying ahead of the competition and meeting the changing needs of the industry.
2. Long History of Success: Founded in 1923, ArcBest has a long history of success, making it one of the oldest and most established logistics companies in the United States. This longevity speaks to its stability and expertise in the industry.
3. Strong Reputation: ArcBest has a strong reputation for reliability, innovation, and customer service. It has won multiple awards for its excellence in transportation and logistics, including being named one of the Top 100 Motor Carriers by Inbound Logistics magazine.
4. Advanced Technology: ArcBest has invested in advanced technology, including their proprietary transportation management system, to enhance efficiency and streamline operations for their customers.
5. Commitment to Sustainability: The company has a commitment to sustainability and has implemented environmentally-friendly practices in its operations to reduce its carbon footprint and promote sustainability in the transportation industry.
6. Global Reach: ArcBest has a global network of partners and facilities, allowing them to offer transportation and logistics services in over 130 countries worldwide.
7. Employee Development: The company values its employees and invests in their development through training, educational opportunities, and career advancement programs.
8. Corporate Social Responsibility: ArcBest is committed to serving its community through philanthropic initiatives, volunteer work, and partnerships with local organizations.
9. Focus on Customer Needs: ArcBest puts its customers first by providing personalized solutions and investing in relationships to better understand and meet their specific needs.
10. Innovative Solutions: The company constantly seeks to develop and implement new, innovative solutions to improve and modernize its services, staying ahead of the competition and meeting the changing needs of the industry.
What the company's business model?
The ArcBest company’s business model is centered around providing transportation and logistics services to customers across various industries. This includes less-than-truckload (LTL) and truckload (TL) services, warehousing and distribution, supply chain consulting, and managed transportation solutions. The company operates through its various subsidiary brands, including ABF Freight, ArcBest, FleetNet America, Panther Premium Logistics, and ABF Logistics. ArcBest also offers technology solutions such as its ABF Freight Optimizer and the Panther Premium Logistics Portal to improve efficiency and visibility for customers. The company’s business model is focused on providing reliable, cost-effective, and innovative transportation and logistics solutions to meet the evolving needs of its customers.
Interesting facts about the company
1. The company was founded in 1923 as the Harrell Express Company, a small delivery service in Fort Smith, Arkansas. It was later renamed to Arkansas Best Freight System in 1966.
2. The name ArcBest was adopted in 2014 to better reflect the company’s diverse range of services and to symbolize their commitment to being the best in the industry.
3. ArcBest is a Fortune 1000 company and one of the largest transportation and logistics companies in North America.
4. The company operates under several different brands, including ABF Freight, ABF Logistics, FleetNet America, Panther Premium Logistics, and U-Pack.
5. ArcBest is known for its strong commitment to sustainability and has received numerous awards for its environmentally-friendly practices.
6. The company has over 13,000 employees worldwide and is consistently recognized as a top employer in the transportation industry.
7. ArcBest is also actively involved in charitable initiatives and has donated millions of dollars to organizations such as the American Cancer Society and United Way.
8. In 2019, ArcBest was named one of Forbes’ Best Employers for Diversity and was also included in Forbes’ list of America’s Best Employers for Women.
9. ArcBest has a strong focus on innovation and has received several awards for its advanced technology solutions, such as its SmartStack system which utilizes Bluetooth-enabled sensors to monitor freight and truck movements.
10. The company has a wide reach, serving customers in over 120 countries through its global network of partners and agents.
See Company Due Diligence:
2. The name ArcBest was adopted in 2014 to better reflect the company’s diverse range of services and to symbolize their commitment to being the best in the industry.
3. ArcBest is a Fortune 1000 company and one of the largest transportation and logistics companies in North America.
4. The company operates under several different brands, including ABF Freight, ABF Logistics, FleetNet America, Panther Premium Logistics, and U-Pack.
5. ArcBest is known for its strong commitment to sustainability and has received numerous awards for its environmentally-friendly practices.
6. The company has over 13,000 employees worldwide and is consistently recognized as a top employer in the transportation industry.
7. ArcBest is also actively involved in charitable initiatives and has donated millions of dollars to organizations such as the American Cancer Society and United Way.
8. In 2019, ArcBest was named one of Forbes’ Best Employers for Diversity and was also included in Forbes’ list of America’s Best Employers for Women.
9. ArcBest has a strong focus on innovation and has received several awards for its advanced technology solutions, such as its SmartStack system which utilizes Bluetooth-enabled sensors to monitor freight and truck movements.
10. The company has a wide reach, serving customers in over 120 countries through its global network of partners and agents.
See Company Due Diligence:
Wait! There's more — sign up for free or log in