ARCBEST CORP /DE/: Company converted from Delaware to Texas corporation, replacing its third amended and restated certificate of incorporation with a Texas charter and adopting new bylaws (effective 2026-05-15).
“Pursuant to the Conversion Documents, the Company converted from a Delaware corporation into a Texas corporation (the “Texas Reincorporation”) effective on May 15, 2026, at 9:35 a.m. Central Time (the “Effective Time”).”
Earnings Releases
ARCBEST CORP /DE/ reported first quarter ended March 31, 2026 results: revenue $998.8 million, net income $1.0 million, EPS $0.05 per diluted share.
“First quarter 2026 revenue totaled $998.8 million, compared to $967.1 million in the prior-year period. Net loss was $1.0 million, or a loss of $0.05 per diluted share, versus net income of $3.1 million, or $0.13 per diluted share, in the first quarter of 2025.”
Debt Financings
ARCBEST CORP /DE/ amended credit facility of $250 million with U.S. Bank National Association at Alternate Base Rate plus a spread ranging from 0.125% to 1.00% or Adjusted Term maturing November 25, 2030.
“and Restated Credit Agreement, and (c) amend certain other terms as further set forth therein; The Credit Facility has a five-year term and an initial maximum credit amount of $250 million at any time outstanding, including a swing line facility providing for swing line loans up to an aggregate outstanding amount of $40 million, and a letter of credit sub-facility”
Debt Financings
ARCBEST CORP /DE/ amended credit facility with The Toronto-Dominion Bank at SOFR or, to the extent funded by the Conduit Lender through the issuance of note maturing July 1, 2026.
“On June 12, 2025, ArcBest Funding LLC (the “Borrower”), a wholly-owned subsidiary of ArcBest Corporation (the “Company”), entered into a fourth amendment (the “Amendment”) to its Third Amended and Restated Receivables Loan Agreement”
Steven Leonard departed as Chief Commercial Officer and President, Asset-Light Logistics at ARCBEST CORP /DE/.
“Steven Leonard, the Company’s Chief Commercial Officer and President, Asset-Light Logistics, announced that he will be retiring in June 2025.”
Eddie Sorg changed role as Chief Commercial Officer at ARCBEST CORP /DE/.
“Eddie Sorg, the Company’s current Chief Operating Officer, Asset-Light Logistics, will assume the role of Chief Commercial Officer.”
Christopher Adkins was appointed as Chief Strategy Officer at ARCBEST CORP /DE/.
“Christopher Adkins, the Company’s current Vice President – Yield Strategy and Management, will assume the role of Chief Strategy Officer;”
Dennis L. Anderson changed role as Chief Innovation Officer at ARCBEST CORP /DE/.
“Dennis L. Anderson, the Company’s current Chief Strategy and Innovation Officer, will assume the role of Chief Innovation Officer;”
Dennis L. Anderson was appointed as Chief Strategy and Innovation Officer at ARCBEST CORP /DE/.
“Dennis L. Anderson, the Company’s Chief Strategy Officer, will assume Mr. Newcity’s responsibilities as Chief Innovation Officer under the new title of Chief Strategy and Innovation Officer.”
Michael E. Newcity departed as Chief Innovation Officer at ARCBEST CORP /DE/.
“Michael E. Newcity, Chief Innovation Officer of ArcBest Corporation (the “Company”) and President of the Company’s subsidiary, ArcBest Technologies, Inc. , announced his intent to retire in December 2024.”
Dennis L. Anderson changed role as Chief Strategy and Innovation Officer at ARCBEST CORP /DE/.
“Dennis L. Anderson, the Company’s Chief Strategy Officer, will assume Mr. Newcity’s responsibilities as Chief Innovation Officer under the new title of Chief Strategy and Innovation Officer.”
Michael E. Newcity departed as Chief Innovation Officer at ARCBEST CORP /DE/.
“Michael E. Newcity, Chief Innovation Officer of ArcBest Corporation (the “Company”) and President of the Company’s subsidiary, ArcBest Technologies, Inc., informed the Company that he will be retiring in December 2024.”
Matthew Godfrey was appointed as president of ABF Freight at ARCBEST CORP /DE/.
“Replacing Mr. Runser as president of ABF Freight will be Matthew Godfrey, who currently serves as vice president – engineering of ABF Freight.”
Seth Runser was appointed as president at ARCBEST CORP /DE/.
“the Board of Directors of ArcBest Corporation (the “Company”) announced the appointment of Seth Runser, the current president of ABF Freight, to serve as president of the Company, effective as of August 1, 2024.”
Shareholder Votes
ARCBEST CORP /DE/ shareholders approved Amendment of the Company's Second Amended and Restated Certificate of Incorporation to eliminate the supermajority voting requirements at the 2024-04-26 meeting.
“Proposal IV: The amendment of the Company's Second Amended and Restated Certificate of Incorporation to eliminate the supermajority voting requirements was approved by a vote of stockholders as follows:”
Shareholder Votes
ARCBEST CORP /DE/ shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2024 at the 2024-04-26 meeting.
“Proposal III: The ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year 2024 was approved by a vote of stockholders as follows:”
Shareholder Votes
ARCBEST CORP /DE/ shareholders approved Annual advisory vote on the compensation of the Company's Named Executive Officers at the 2024-04-26 meeting.
“Proposal II: The annual advisory vote on the compensation of the Company's Named Executive Officers was approved by a vote of stockholders as follows:”
Shareholder Votes
ARCBEST CORP /DE/ shareholders approved Election of directors to the Board until the 2025 annual stockholders meeting at the 2024-04-26 meeting.
“Proposal I: The following directors were elected by the indicated vote:”
Earnings Releases
ARCBEST CORP /DE/ reported first quarter 2024 results: revenue $1.0 billion, net income $2.9 million, EPS $0.12 per diluted share.
“ArcBest ® (Nasdaq: ARCB) , a leader in supply chain logistics, today reported first quarter 20 24 revenue from continuing operations of $ 1.0 billion, compared to $1.1 billion in the first quarter of 2023. First quarter 202 4 operating income from continuing operations was $ 22.4 million , compared to $21.2 million in the prior year period, and net loss from continuing operations was $ 2.9 million, or $ 0.12 per diluted share , compared to net income of $18.8 million, or $0.75 per diluted share, in 2023 .”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.