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ArcBest ( (ARCB) ) has shared an update.
On January 16, 2025, ArcBest announced leadership and organizational changes effective February 1, 2025, to support its strategic priorities and long-term growth. Key changes include Dennis L. Anderson becoming Chief Innovation Officer, Christopher Adkins taking on the role of Chief Strategy Officer, and Eddie Sorg becoming Chief Commercial Officer. These updates aim to enhance operational efficiency, customer experience, and align revenue-generating functions, with an emphasis on innovation and strategic management. Steven Leonard, the current Chief Commercial Officer, plans to retire in June 2025 after 24 years with the company.
More about ArcBest
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company, founded in 1923, with 15,000 employees across 250 campuses and service centers. The company specializes in connecting shippers with solutions for ground, air, and ocean transportation, as well as fully managed supply chains. Known for its history of innovation and strong customer relationships, ArcBest is committed to helping navigate supply chain challenges with cutting-edge technology.
YTD Price Performance: 10.53%
Average Trading Volume: 269,152
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.35B
Learn more about ARCB stock on TipRanks’ Stock Analysis page.
