Tag Archives: ABF Freight

ArcBest Carrier ABF Freight Announces 2021 Load Team

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FORT SMITH, Arkansas, February 25, 2021 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, is pleased to announce that its less-than-truckload carrier ABF Freight® has selected members of the 2021 ABF Freight Load Team.

The ABF Freight Load Team is an elite group of freight-handling professionals from ABF service centers throughout North America.

Members of the 2021 ABF Freight Load Team are: Roger Anderson of Cincinnati, Ohio; Mike Auer of Scranton, Pennsylvania; Alan Block of Milwaukee, Wisconsin; Trent Caldwell of Albuquerque, New Mexico; Jose Carreno of Salt Lake City, Utah; James Croce of Providence, Rhode Island; Jeff Davis of Denver, Colorado; Jeremy Enders of Carlisle, Pennsylvania; David Fender of Raleigh-Durham, North Carolina; Jody Johnson of Atlanta, Georgia; William Joyce of Kansas City, Missouri; Tony King of Little Rock, Arkansas; Darren McCarter of Knoxville, Tennessee; Ernesto Morales of Laredo, Texas; Jason Perdue of Dayton, Ohio; Jake Potter of Springfield, Missouri; Kinneth Rodges of Dallas, Texas; Bobby Smith of Winston-Salem, North Carolina; Michael Villarreal of South Chicago, Illinois; and Johnny Zydel of Phoenix, Arizona.

“The 2021 ABF Load Team is made up of true professionals who are meticulous in providing a positive customer experience with every single shipment they handle,” said Andy Upchurch, vice president – service center operations for ABF Freight. “They have proven to be experts in their field and understand the importance of delivering shipments on time, damage free and intact. Their knowledge and skillsets make them a valuable resource for ABF and our customers.”

Read more at arcb.com

ArcBest Named One of America’s Best Large Employers by Forbes

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FORT SMITH, Arkansas, February 15, 2021 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, is pleased to announce that it has been recognized as one of America’s Best Large Employers for 2021. The award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.

“Our employees live out our values every day as we work to be a trusted partner for our customers and make it easy for them to do business,” said Judy R. McReynolds, ArcBest chairman, president and CEO. “This award recognizes the strength of our values-driven culture, which is a foundational differentiator for us and at the heart of everything we do. We are very honored to be recognized.”

ArcBest is ranked No. 446 of the top 500 best large employers in the country and is included alongside 14 others in the transportation and logistics industry.

Read more at arcb.com

ABF Freight President Tim Thorne To Retire Later This Year

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FORT SMITH, Arkansas, January 11, 2021 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that Tim Thorne, president of ArcBest less-than-truckload carrier ABF Freight®, will retire effective June 30, 2021, after a 31-year career with the company.

Seth Runser, ABF vice president – linehaul operations, will be promoted to the new role of ABF chief operating officer, effective Feb. 1, 2021, and will become ABF president on July 1, 2021.

Thorne has been president since October 2014. He joined ABF in 1990 as a supervisor assistant after serving as a captain in the U.S. Army. Prior to becoming president, Thorne held increasing roles of responsibility — as a service center manager in Alabama, Tennessee and Pennsylvania, as a regional vice president – operations in Utah and as vice president – linehaul operations.

Read more at arcb.com

ABF Freight to Pay 2019 Profit-Sharing Bonus to Eligible Union Employees

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  • Bonus payment for reaching 95.2 percent operating ratio achieved in 2019
  • Payment to all eligible union employees, representing nearly all union employees, is first in company’s history

FORT SMITH, Arkansas, January 30, 2020 — ABF Freight, the less-than-truckload carrier of ArcBest® (Nasdaq: ARCB), announced it will pay a profit-sharing bonus to all qualifying union-represented employees in return for the company achieving a 95.2 percent operating ratio in 2019.

“Returning ABF to historical margins has been a long-term goal, and the bonus payment is something we have hoped to do for some time,” said ABF President Tim Thorne. “Thanks to successful yield initiatives, focused account management and prudent cost management, we reached the required levels to pay the bonus and we thank all of our employees for their hard work and dedication to the company and our customers. This is a proud day for ABF.”

The profit-sharing bonus for employees represented by the International Brotherhood of Teamsters, ABF’s largest bargaining group, will be 1 percent of qualifying employees’ W-2 earnings as specified in the 2018 ABF National Master Freight Agreement ratified in July 2018. Employees in smaller union groups will receive similar payments. The total number of employees who will receive the bonus is approximately 7400.

This is the first time in ABF’s nearly 100-year history that a profit-sharing bonus will be paid to all eligible union-represented employees in return for hitting specific financial targets. Only a small group is ineligible this year, having been paid last year. Operating ratio refers to the ratio of operating expenses to operating revenue and is generally considered a measure of profitability and efficiency in the trucking industry. According to terms of the collective bargaining agreement with the IBT, the bonus will be paid by check within 60 days of the 2019 calendar year-end.

Read more at arcb.com

Four ABF Freight Terminals Earn President’s Quality Awards

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  • Winners chosen based on extensive internal quality audit
  • Terminals honored in Arkansas, Minnesota and North Carolina

FORT SMITH, Arkansas, March 31, 2016 — ABF Freight®, an ArcBestsm company (Nasdaq: ARCB), announces that four of its 248 terminals have earned the prestigious President’s Quality Award for their achievements in 2015: Fayetteville, Arkansas; St. Cloud and Minneapolis, Minnesota; and Winston-Salem, North Carolina.

“Every ABF Freight terminal employs the ABF Freight Quality Process to ensure our customers’ goods move through our network as efficiently and safely as possible,” said ABF Freight President Tim Thorne. “For decades, strict adherence to the Quality Process has set ABF Freight apart in the industry, and these high-achieving terminals are the best of the best — setting the pace for service excellence.”

Each terminal is presented with a President’s Quality Award trophy and earns a listing at the company’s Fort Smith General Office. Thorne, the ABF Freight Quality Implementation Committee, local employees and special guests attend the award ceremonies.

All ABF Freight terminals undergo extensive evaluations, including a nomination process, a quality awareness survey and an on-site validation audit by the ABF Freight Quality Implementation Committee. The process gauges customer satisfaction, resource management, damage/loss prevention and other performance indicators for the previous year.

Via: abfs.com

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