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Judy McReynolds - 3 Jim Cramer ArcBest - 1 Jim Cramer - 1 ArcBest - 1
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☆ ArcBest CEO Judy McReynolds goes one-on-one with Jim Cramer
  + stars: | 2024-05-06 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
ArcBest CEO Judy McReynolds goes one-on-one with Jim CramerArcBest chairman, president and CEO Judy McReynolds joins 'Mad Money' host Jim Cramer to talk the state of global freight, quarterly results, the impact of the economic environment and more.
Persons: Judy McReynolds, Jim Cramer ArcBest, Jim Cramer
☆ ArcBest unveils new autonomous tool for freight efficiency and optimization
  + stars: | 2024-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArcBest unveils new autonomous tool for freight efficiency and optimizationJudy McReynolds, ArcBest CEO, disucsses the Vaux Smart Autonomy and its impact on supply chain efficiencies.
Persons: ArcBest, Judy McReynolds Organizations: Vaux Smart Autonomy Locations: Vaux
☆ ArcBest CEO Judy McReynolds on operating within a weaker freight environment
  + stars: | 2023-11-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArcBest CEO Judy McReynolds on operating within a weaker freight environmentJudy McReynolds, CEO of ArcBest, discusses the state of freight and the signals it may be sending about the broader economy.
Persons: Judy McReynolds
☆ ArcBest Rolls Out Technology to Speed Up Freight Loading
  + stars: | 2023-03-01 | by ( Liz Young | ) www.wsj.com   time to read: +5 min
The freight-management system, called Vaux, is a steel-and-aluminum racking system that sits underneath and around cargo inside trailer beds. Warehouse workers can latch a forklift onto the Vaux platform to push freight into a trailer or pull freight out in one move, instead of having to handle pallets individually. ArcBest says loading or unloading a truck using Vaux takes less than five minutes, compared with the traditional process the company says can take 45 minutes. “What our customers have been telling us is that they are really under pressure,” ArcBest Chief Executive Judy McReynolds said. Rival trucking company TFI International Inc. recently disclosed it had taken a 4% stake in ArcBest, prompting speculation TFI is looking to buy ArcBest.
☆ TFI Stake in Trucker ArcBest Sparks Acquisition Speculation
  + stars: | 2023-02-22 | by ( Liz Young | Paul Berger | ) www.wsj.com   time to read: +4 min
TFI in 2021 became one of the top carriers in the U.S. less-than-truckload sector when it bought United Parcel Service Inc.’s freight business for $800 million. TFI CEO and President Alain Bédard said on the Feb. 6 earnings call that TFI is looking for opportunities to work with ArcBest. TFI executives said they see ways to save money working together with ArcBest, analysts at Cowen wrote in a Feb. 14 note summarizing a meeting they had with TFI management. The Cowen analysts wrote TFI is well placed to take over ArcBest’s unionized workforce because it already works with the Teamsters union at TForce Freight. ArcBest shares are up about 14% since TFI disclosed its stake.
☆ Logistics Companies Are Diversifying Hiring, but Challenges Persist
  + stars: | 2022-11-28 | by ( Liz Young | ) www.wsj.com   time to read: +8 min
Photo: Sarah Oden/Associated PressWomen and people of color are being hired into top roles in the logistics industry. United Parcel Service Inc. turned to Carol Tomé, a former finance chief at Home Depot Inc., in 2020 to become chief executive officer. Raj Subramaniam, who is from India, was chosen to succeed FedEx Corp. founder Fred Smith as chief executive earlier this year. Judy McReynolds has been chief executive of ArcBest Corp. , one of the largest trucking companies in the U.S., since 2010. Studies also show there is a big gap in pay across the logistics industry.
☆ Logistics Companies Are Reversing Their Hiring Binge
  + stars: | 2022-11-04 | by ( Liz Young | ) www.wsj.com   time to read: +4 min
The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. “We got ahead of ourselves in terms of head count,” said Bob Biesterfeld, chief executive of C.H. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. Chief Executive Judy McReynolds said the company would now look to get “greater efficiency” from the people it already employs. “We aren’t really hiring other than filling vacancies and whatnot,” Chief Executive Greg Gantt said on an Oct. 26 earnings call.
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