Talking Transports
ArcBest Gains Market Share in Its 100th Year
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Show notes
ArcBest celebrated its centennial this year, along with gains in the less-than-truckload market. In this Talking Transports podcast, ArcBest’s Chairman, President and CEO, Judy McReynolds joins Lee Klaskow, Bloomberg Intelligence senior transportation & logistics analyst, to discuss how its LTL business is mitigating softer demand with share gains following Yellow’s bankruptcy, which is also boosting prices for the service and providing opportunities to expand capacity. Growth may come organically and through acquisitions, which ArcBest has used to transform into an integrated-logistics company. McReynolds also talks about the path to 2025 targets, how ArcBest’s focus on productivity has helped offset inflation’s impact on margins and where electric vehicles may fit into its network.
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