Tag Archives: ABF

ABF Freight, Panther Premium Logistics receive Carrier of the Year awards

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FORT SMITH, Arkansas, April 20, 2016 — Two ArcBest Corporation® (Nasdaq: ARCB) companies have been recognized as Carriers of the Year in their respective categories.

The National Shippers Strategic Transportation Council (NASSTRAC) has named ABF Freight® as the National LTL Carrier of the Year and Panther Premium Logistics® as the National Expedited Carrier of the Year. ABF Freight and Panther will be awarded on April 26 during the NASSTRAC Annual Shippers Conference and Transportation Expo in Orlando, Florida.

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Four ABF Freight® Service Centers Recognized

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FORT SMITH, Arkansas, April 10, 2017 — ArcBest (Nasdaq: ARCB) is pleased to announce that four of its ABF Freight service centers have earned the President’s Quality Award for their achievements in 2016: Grand Island, Nebraska; Long Beach, California; Waco, Texas; and Little Rock, Arkansas.

The prestigious award recognizes service centers that have exemplified the Quality Process for the previous year. Each facility receives a President’s Quality Award trophy and earns a spot on a wall of honor at the General Office in Fort Smith, Arkansas.

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ABF Freight Training Program Recognized by Training Top 125 in 2016

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FORT SMITH, Arkansas, February 27, 2017 — ArcBestSM [Nasdaq: ARCB] is pleased to announce the employee training program operated by less-than-truckload carrier ABF Freight® placed 13th among Training magazine’s Training Top 125, which ranks companies’ excellence in employer-sponsored training and development programs.

The training program appears on the list for the eighth consecutive year; it ranked 23rd in 2016.

“At ArcBest, we want to ensure our employees have the tools they need to grow in their careers,” said Erin K. Gattis, chief human resources officer for ArcBest. “We are pleased the program at ABF Freight was once again recognized for the importance our organization places on training and employee development.”

Now in its 16th year, the Training Top 125 ranking is based on total training budget; percentage of payroll; number of training hours per employee program; goals, evaluation, measurement and workplace surveys; hours of training per employee annually; and detailed formal programs. The ranking is determined by assessing qualitative and quantitative factors, including financial investment in employee development, the scope of development programs, and how closely such development efforts are linked to business goals and objectives.

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Two Drivers For ArcBest Carrier ABF Freight Named To America’s Road Team

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FORT SMITH, Arkansas, January 12, 2017 — ArcBestSM (Nasdaq: ARCB) today recognizes two ABF Freight® drivers who have been named captains of the 2017-2018 America’s Road Team by the American Trucking Associations — Tim Melody of Ontario, Oregon, and Steve Smalley of Phoenix, Arizona.

The drivers join an elite group of 20 captains chosen to represent the trucking industry and promote highway safety.

A panel of industry officials and trucking news media judged 33 finalists on their knowledge of the trucking industry, dedication to safety, ability to communicate the industry’s messages and overall safe driving record.

“Tim and Steve have achieved stellar safety records and are both consummate professionals, and I congratulate them on this recognition,” said ABF Freight President Tim Thorne. “We are proud they represent ABF Freight and our entire organization.”

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ArcBest Corporation® Announces Third Quarter 2016 Results

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  • Third quarter 2016 revenue of $713.9 million and net income of $12.9 million, or $0.49 per diluted share.
  • Third quarter ABF Freight® operating results were impacted by reduced freight levels.
  • ArcBest’s asset-light revenue equaled 31 percent of total consolidated revenue in September 2016 following a recent acquisition.

FORT SMITH Arkansas, November 3, 2016 – ArcBest Corporation® (Nasdaq: ARCB) today reported third quarter 2016 net income of $12.9 million, or $0.49 per diluted share, compared to third quarter 2015 net income of $19.2 million, or $0.72 per diluted share.  The continued softness in the U.S. industrial economy impacted freight tonnage levels and profit margins at ABF Freight.  ArcBest’s asset-light logistics companies were highlighted by improved revenue and operating profit at Panther.

Excluding certain items in both periods, ArcBest’s non-GAAP net income was $12.7 million, or $0.48 per diluted share, in third quarter 2016 compared to third quarter earnings of $20.2 million, or $0.76 per diluted share, last year.

“As we have seen throughout the year, pricing in the less-than-truckload sector remained rational despite a soft economic environment and we continued to experience benefits from investments in new equipment,” said ArcBest Chairman, President and CEO Judy R. McReynolds. “In addition, we continued to expand our asset-light logistics service offerings with the acquisition of Logistics & Distribution Services, as we add further scale to the full supply chain solutions our customers are seeking.”

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ABF Freight Recognized by Inbound Logistics as Top 100 Trucker for 2016

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  • The ArcBest Corporation® company appears in the magazine’s September issue

FORT SMITH, Arkansas, September 30, 2016 — ABF Freight®, an ArcBestsm company (Nasdaq: ARCB), has been recognized as a Top 100 Motor Freight Carrier by Inbound Logistics magazine, whose September issue features a list of 100 trucking leaders that offer the diverse operational capabilities and experience to meet its readers’ unique supply chain and logistics needs.

“Inbound Logistics provides the Top 100 Trucker list as a service to its readers, and we are proud that ABF Freight was once again selected by the editorial team,” said ABF Freight President Tim Thorne. “I want to commend the skilled and dedicated employees of ABF Freight for their efforts in providing outstanding service to our valued customers.”

Inbound Logistics is a leading monthly trade magazine targeted toward business logistics and supply chain professionals. Each year, Inbound Logistics selects the leading transportation providers by carefully evaluating submitted information, conducting personal interviews and online research, and comparing that data to their readers’ motor freight and logistics challenges.

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ABF Freight Driver Ernie Wood Named Vermont Driver of the Year

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  • The Vermont Truck and Bus Association recognized Wood during a Burlington banquet
  • Wood is also Vermont’s reigning three-axle — grand champion and best pre-trip winner

FORT SMITH, Arkansas, September 26, 2016 — ABF Freight®, an ArcBestsm company (Nasdaq: ARCB), is proud to announce Ernie Wood, a professional driver based in Brattleboro, Vermont, has been named Driver of the Year by the Vermont Truck and Bus Association.

“Ernie richly deserves this recognition. He has driven for ABF Freight for 10 years, and during that time he has achieved a stellar safety record with zero accidents or injuries,” said ABF Freight President Tim Thorne. “We applaud his professionalism and safety-first attitude, and we are proud he’s on the ABF Freight team.”

During his career, Wood has driven 19 years accident free. In the Vermont Truck Driving Championships, he has earned first-place honors twice, second place three times and third place once.

“It is with great pleasure that I congratulate Ernie Wood of ABF Freight as this year’s Vermont Truck and Bus Association Driver of the Year,” said Robert J. Sculley, VTBA executive director. “Mr. Wood is an example of the best of the best as he competed and finished with the highest score among all drivers in the Vermont Truck Driving Championships. We applaud his commitment to safety and thank ABF Freight and his wife and family for their support of Ernie as he represents our great industry on the highways of Vermont.”

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ABF Freight Proudly Celebrates National Truck Driver Appreciation Week

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  • System-wide celebration acknowledges the important contributions of ABF Freight employees
  • Events are planned throughout the week at 245 terminals across North America

FORT SMITH, Arkansas, September 8, 2016 — ABF Freight®, an ArcBestsm company (Nasdaq: ARCB), is celebrating National Truck Driver Appreciation Week, September 11-17, 2016, with employee appreciation events at our 245 terminals.

“I want to extend my personal appreciation and thanks to all ABF Freight employees who serve our customers with excellence and integrity,” said ABF Freight President Tim Thorne. “At this special time, we are proud to show our appreciation with events designed to honor our employees. Our leadership team will be attending these events and will have the opportunity to meet and personally thank employees for their continued service.”

ABF Freight also recognizes employees throughout the year through safe driving certificates, plaques and other awards. Through training and recognition programs, ABF Freight supports our employees as they promote safety and increase public appreciation of the trucking industry in everything they do to serve our customers.

Established by the American Trucking Associations, National Truck Driver Appreciation Week has been a tradition since 1988.

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ABF Freight, Panther Premium Logistics Earn Quest for Quality Awards

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• Logistics Management includes both carriers in expedited motor carrier category

FORT SMITH, Arkansas, August 22, 2016 — ArcBest Corporation® (Nasdaq: ARCB) is pleased to announce that ABF Freight® and Panther Premium Logistics® have been honored with 2016 Quest for Quality Awards by Logistics Management Magazine.

ABF Freight and Panther Premium Logistics are among winners in the expedited motor carrier category.

The award marks the fourth consecutive selection and fifth overall for ABF Freight.

“ABF Freight is honored to yet again receive a Quest for Quality Award from Logistics Management and its readers,” said ABF Freight President Tim Thorne. “ABF Freight’s Quality Process has been part of our culture for decades, shaping how we serve our customers and holding us to a zero defects standard. It is especially gratifying to see that commitment to quality recognized by such a prestigious award.”

This is also the fourth consecutive year Panther has received the award.

“We are honored to be included among this year’s Quest for Quality Award winners,” Panther President and CEO Lou Schneeberger said. “Panther employees work hard to solve our customers’ problems quickly and efficiently, and they recognize the importance of quality. Their dedication is why customers rely on us for their transportation needs.”

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