The Trucker Newspaper - November 15, 2018
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30 • <strong>November</strong> <strong>15</strong>-30, <strong>2018</strong> Business<br />
THETRUCKER.COM<br />
ArcBest celebrating 95th anniversary; started in 1923 as OK Transfer & Storage Co.<br />
THE TRUCKER NEWS SERVICES<br />
FORT SMITH, Ark. — ArcBest is celebrating<br />
its 95th anniversary this fall.<br />
From its roots in less-than-truckload delivery,<br />
ArcBest has transformed into a full-scale<br />
provider of end-to-end supply chain services<br />
designed to help customers solve their own<br />
business challenges.<br />
<strong>The</strong> company was formed in 1923 as OK<br />
Transfer & Storage Company, a local freight<br />
hauler based in Fort Smith, Arkansas.<br />
“I’m very proud to be part of a company<br />
with a history full of innovation and excellence<br />
and an exciting future,” said Judy R. McReynolds,<br />
ArcBest chairman, president and CEO.<br />
“Our success at ArcBest has come from hiring<br />
creative problem solvers, developing great<br />
customer relationships, and going above and<br />
beyond every day.”<br />
In the 1930s, OK Transfer bought Arkansas<br />
Motor Freight (AMF) and assumed its name.<br />
At that time, the company had 10 employees,<br />
three locations, two tractors, three trailers, one<br />
pickup truck and annual revenue of $50,000.<br />
<strong>The</strong> company continued to grow in the 1940s<br />
with acquisitions such as Lindley Truck Line,<br />
P.C. Motor Freight, Motor Express and Robertson<br />
Truck Line.<br />
In 1951, local attorney Robert A. Young Jr.<br />
purchased AMF. In 1957, the company was renamed<br />
Arkansas-Best Freight System after its<br />
purchase of Dallas-based Best Motor Freight,<br />
which doubled the company’s size.<br />
In 1962, the company established an IT arm<br />
now known as ArcBest Technologies, and in<br />
1966, Arkansas Best Corp. was formed as a holding<br />
company for five subsidiaries, including lessthan-truckload<br />
company ABF Freight. Acquisitions<br />
in the 1950s and 1960s were Memphis-Arkansas<br />
Express, Healzer Cartage Company, Delta<br />
Motor Lines and Bradsher Truck Service.<br />
With its 1979 purchase of Navajo Freight<br />
Lines, the company became the ninth-largest<br />
regulated interstate motor carrier in the United<br />
States.<br />
In the 1980s, the company survived the deregulation<br />
of the trucking industry when many<br />
others didn’t, McReynolds said. In the 1990s<br />
and early 2000s, ArcBest expanded its offerings<br />
by providing household moving through the U-<br />
Pack brand, commercial vehicle maintenance and<br />
repair through FleetNet America, expedited solutions<br />
through the Panther Premium Logistics acquisition,<br />
truckload through organic growth and<br />
multiple acquisitions, and international solutions<br />
through what is today ArcBest International.<br />
In 2014, Arkansas Best Corp. was renamed<br />
ArcBest Corp., and in 2017, the company began<br />
offering most solutions under the ArcBest brand.<br />
Today the company has 10 campuses and<br />
more than 240 service centers across North<br />
America with more than 13,000 across the globe.<br />
“Our ability to continually evolve and grow<br />
with our customers has been a key contributor to<br />
our longevity,” McReynolds said. “It has helped<br />
us build a rich history and a powerful foundation<br />
for our future.”<br />
For more information, visit arcb.com. 8<br />
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