ArcBest History
1920s
1923 | Founded as a local freight hauler, the company operated in and around Fort Smith, Arkansas, as OK Transfer. |
1930s
1935 | OK Transfer acquired Arkansas Motor Freight (AMF) and assumed its name. Became an interstate carrier with the purchase of Motor Express. |
1940s
1940s | Operated as a regional carrier in Arkansas, Missouri and Louisiana. |
1950s
1951 | Robert A. Young Jr. purchased AMF and made other key acquisitions. |
1956 | AMF acquired Best Motor Freight and became Arkansas Best Freight System Inc. the next year – later renamed ABF. |
1960s
1966 | Arkansas Best Corporation is formed. System expansion continued with the purchase of Healzer Cartage Company, Delta Motor Line and others. |
1970s
1972 | Arkansas Best Corporation becomes a public company listed on the New York Stock Exchange. |
1978 | With the purchase of Navajo Freight Lines, ABF becomes one of 12 transcontinental motor carriers. |
1980s
1980 | The Motor Carrier Act of 1980 is introduced, and the trucking industry is deregulated. |
1988 | Arkansas Best Corporation endures a hostile takeover attempt. A leveraged buyout is executed and Arkansas Best becomes a private company. |
1990s
1992 | Arkansas Best Corporation once again becomes a public company, now traded on the Nasdaq Stock Exchange. |
1994 | Arkansas Best expands its global capabilities through its own non-vessel operating common carrier (NVOCC) operation. |
1995 | Worldway acquisition, which includes the purchase of FleetNet America. |
2000s
2006 | Robert A. Young III retires as CEO after a 42-year career. He remains as Chairman of the Arkansas Best Corporation Board. |
2010s
2010 | Judy R. McReynolds is named President and CEO of Arkansas Best Corporation. |
2011 | Arkansas Best completes the purchase of Albert Moving. |
2012 | Arkansas Best purchases Panther Expedited. |
2013 | Arkansas Best expands its portfolio of transportation solutions with the formation of ABF Logistics. |
2014 | Arkansas Best is renamed ArcBest Corporation. |
2015 | ABF Logistics acquires Smart Lines Transportation Group. ABF Logistics acquires Bear Transportation Services. |
2016 | Robert A. Young III retires as Chairman of the ArcBest Corporation Board of Directors after serving as a director since 1970 and Board Chairman since 2004. President and CEO Judy R. McReynolds is elected as Chairman of the Board. ABF Logistics acquires Logistics & Distribution Services. ArcBest announces organizational realignment, offering most logistics services under the ArcBest brand. |