ArcBest CorporationSM is a freight transportation services and logistics parent
holding company consisting of five reportable operating segments having The
Skill & The WillSM to solve complex transportation and logistics challenges.
The Company, formerly known as Arkansas Best Corporation, was incorporated in
Delaware in 1966. On May 1, 2014, we changed our name to ArcBest Corporation
and our common stock began trading on the NASDAQ Global Select Market under
a new symbol, ARCB. In conjunction with our name change, we adopted a new unified
logo system as we strengthen our identity as a holistic provider of transportation
and logistics solutions for a wide variety of customers. The Skill and The WillSM
embodies our vision to find a way to meet our customers’ transportation
and logistics needs. By focusing on our values — creativity, integrity,
collaboration, growth, excellence, and wellness — we work together to
deliver solutions to our customers, support our employees, grow our business
with integrity, and strive to exceed expectations. From Fortune 100 companies
to small businesses, our customers trust and rely on ArcBest brands and companies
for all their transportation and logistics needs. Our employees deliver knowledge,
expertise and a can-do attitude with every shipment and supply chain solution,
residential move, and vehicle repair.
ABF Freight offers transportation of general commodities through standard,
time-critical, expedited, and guaranteed LTL services — both nationally
and regionally. General commodities include all freight except hazardous waste,
dangerous explosives, commodities of exceptionally high value, commodities in
bulk, and those requiring special equipment. ABF Freight’s shipments of
general commodities differ from shipments of bulk raw materials, which are commonly
transported by railroad, truckload tank car, pipeline, and water carrier. General
commodities transported by ABF Freight include, among other things, food, textiles,
apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber,
plastics, metal and metal products, wood, glass, automotive parts, machinery,
and miscellaneous manufactured products.
Over the last several years, ABF Freight has integrated regional service offerings
with its traditional long-haul model to facilitate its customers’ next-day
and second-day delivery needs throughout the United States. Development and
expansion of the regional network required added labor flexibility, strategically
positioned freight exchange points, and increased door capacity at a number
of key locations. The integration of regional service offerings into the ABF
Freight network allows for consistent and continuous LTL service within a single-carrier
platform regardless of distance and has resulted in reduced transit times in
over 47% of the lanes in ABF Freight’s network.
ABF Logistics provides third-party transportation brokerage and management
services throughout North America by sourcing a variety of capacity solutions,
including dry van over the road and intermodal, flatbed, temperature-controlled,
and specialized equipment, coupled with strong technology and carrier- and customer-based
Web tools. ABF Logistics also provides LCL and FCL service through its ocean
transport offering to approximately 90% of the total ocean international market
to and from the United States. Furthermore, the segment provides scalable transportation
and warehouse management services that can be customized to efficiently manage
customers’ supply chain needs.
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