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arkansas best corp (AQY) Snapshot

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arkansas best corp (AQY) Details

Arkansas Best Corporation provides freight transportation services and integrated logistics solutions worldwide. The company’s Freight Transportation segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through standard, expedited, and guaranteed less than container load services. This segment also offers motor carrier services in Canada and Puerto Rico; and through arrangements with other trucking companies in Mexico. Its Premium Logistics & Expedited Freight Services segment provides expedited freight transportation services to commercial and government customers; premium logistics services that involve the deployment of specialized equipment to meet line haul requirements; and domestic and international freight transportation with air, ocean, and ground service. The company’s Domestic & Global Transportation Management segment provides third-party transportation brokerage and management services by sourcing various equipment types, including truckload, flatbed, intermodal, temperature-controlled, and specialized equipment. This segment also offers full container load and expedited less than container load ocean transportation services to and from the United States; and transportation and warehouse management services. Its Emergency & Preventative Maintenance segment offers roadside assistance and equipment services for commercial vehicles through a network of third-party service providers. The company’s Household Goods Moving Services segment provides third-party transportation, warehousing, and delivery services to the consumer, corporate, and military household goods moving markets. As of December 31, 2013, it operated approximately 3,700 tractors and 20,000 trailers. The company was founded in 1935 and is headquartered in Fort Smith, Arkansas.

11,420 Employees
Last Reported Date: 02/28/14
Founded in 1935

arkansas best corp (AQY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $575.0K
Chief Financial Officer, Chief Information Of...
Total Annual Compensation: $277.7K
Chief Executive Officer of ABF Freight System...
Total Annual Compensation: $375.0K
Chief Audit Executive and Senior Vice Preside...
Total Annual Compensation: $294.0K
Compensation as of Fiscal Year 2013.

arkansas best corp (AQY) Key Developments

Arkansas Best Corporation Names Danny Loe as Vice President - Enterprise Customer Solutions

Arkansas Best Corporation announced the appointment of Mr. Danny Loe to the position of Vice President -- Enterprise Customer Solutions, effective May 1, 2014. Mr. Loe, who reports directly to Arkansas Best President and Chief Executive Officer Judy R. McReynolds, assumes the position previously held by Mr. Jim Keenan, who retired last month. The Enterprise Customer Solutions group was formed in November, 2013, to drive sales and revenue across the ABF Freight, ABF Logistics and Panther Expedited Services businesses. Mr. Loe is a 17-year veteran of the company and most recently served as VP -- Yield Management for ABF Freight System Inc. since 2010. He held a number of increasingly senior positions in the ABF Freight pricing department after joining the company as an associate pricing analyst in 1997. He also served as Director of Marketing & Public Relations for ABF Freight for six years until assuming his current role. Succeeding Mr. Loe in his role at ABF Freight as VP -- Yield Management will be Mr. Eddie Sorg. Mr. Sorg, who most recently has served as Director of Pricing, has been with ABF Freight since 1995. In addition to various positions in pricing, Mr. Sorg also served as a Director, Revenue Accounting.

Arkansas Best Corporation Announces Retirement of Jim Keenan as Senior Vice President of Enterprise Customer Solutions, Effective March 31, 2014

Arkansas Best Corporation announced that Jim Keenan, Senior Vice President of Enterprise Customer Solutions, will retire March 31, 2014.

Arkansas Best Corporation, Annual General Meeting, Apr 23, 2014

Arkansas Best Corporation, Annual General Meeting, Apr 23, 2014., at 08:00 Central Daylight. Location: 3801 Old Greenwood Road. Agenda: To elect nine directors for a one-year term to expire at the 2015 Annual Meeting of Stockholders; to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2014; to conduct an advisory vote on executive compensation; to approve the Second Amendment to the 2005 Ownership Incentive Plan; to approve the material plan terms of the 2005 Ownership Incentive Plan, as amended, for purposes of complying with the requirements of Section 162(m) of the Internal Revenue Code; and to act upon such other matters as may properly be brought before the meeting affecting the business and affairs of the company.


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Price/Earnings 66.4x
Price/Sales 0.4x
Price/Book 1.9x
Price/Cash Flow 10.2x
TEV/Sales 0.3x

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