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Arkansas Best Corp.

Arkansas Best Corp.

Sector: Trucking Except Local Region: AR, United States


: | Nasdaq: ABFS


Arkansas Best Corp. operates as a holding company that provides freight transportation services and solutions. It offers a wide variety of logistics solutions, including: domestic and global transportation of less-than-truckload and full load shipments, expedited ground and time-definite delivery solutions, freight forwarding services, freight brokerage, oversight of roadside assistance and equipment services for commercial vehicles and household goods moving market services for consumers, corporations and the military. The company operates through the following segments: Freight Transportation, Premium Logistics & Expedited Freight Services, Truck Brokerage & Management, Emergency & Preventative Maintenance and Household Goods Moving Services. The Freight Transportation segment includes ABF Freight System, Inc., which is engaged in motor carrier freight transportation services. The Premium Logistics & Expedited Freight Services segment represents Panther Expedited Services, Inc., which provides expedited freight transportation services to commercial and government customers and offers premium logistics services that involve the rapid deployment of highly specialized equipment to meet extremely specific linehaul requirements, such as temperature control, hazardous materials, geofencing, specialized government cargo, security services, and life sciences. The Truck Brokerage & Management segment includes the operations of the company's transportation brokerage services subsidiary, FreightValue, Inc. The Emergency & Preventative Maintenance segment represents FleetNet America, Inc., the subsidiary of the company which provides roadside assistance and equipment services for commercial vehicles to customers in the U.S. and Canada through a network of third-party service providers. The Household Goods Moving Services segment includes Albert Cos., Inc. and Moving Solutions, Inc., the company's subsidiaries, which provides transportation, warehousing and delivery services to the consumer, corporate and military household goods moving markets. Arkansas Best was founded in 1966 and is headquartered in Fort Smith, AR.

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