Import warehouses are next in line as a wave of disruption caused by the sudden shutdown of Hanjin Shipping heads inland. Expect warehouses to be "inundated," a logistics executive says.
Panther Expedited Services
Panther Expedited Services
Panther Expedited Services news and analysis. Get the latest news about Panther Expedited Services and the trucking industry.
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19 Feb 2016
Third-party logistics providers already control about 25 percent of the less-than-truckload freight market, and that share is growing, as shippers look for 3PLs with assets and broad portfolios.
04 Feb 2016
ABF Freight, the less-than-truckload arm of ArcBest, laid off more than 200 dock and yard workers as LTL shipments and tonnage dropped in the fourth quarter. ArcBest's asset-light businesses saw volumes rise in the same period.
03 Aug 2015
ArcBest rode a company-wide wave of freight demand in the second quarter, with less-than-truckload carrier ABF Freight System and asset-light subsidiaries increasing revenue and profit. The asset-light businesses, however, grew faster than the asset-based LTL division.
04 Nov 2014
Less-than-truckload carrier ABF Freight System is gaining more freight from competing modes as truckload capacity tightens and intermodal service problems frustrate shippers.
27 Jun 2014
Expedited transportation companies increasingly are focusing on detailed, custom levels of service to the pharmaceutical business. But speed isn’t necessarily the most important thing they deliver for drug shippers.
04 Feb 2014
Widespread severe winter storms and colder than typical weather are slowing deliveries and cutting into manufacturing activity — but a thaw is coming, eventually.
03 Feb 2014
ABF Freight System, the less-than-truckload subsidiary of Arkansas Best, returned to profitability in 2013 and expects, with sister company Panther Expedited, to meet stronger demand in 2014.
09 Aug 2013
Arkansas Best today reported net income of $4.9 million in the second quarter of 2013, down from $11.8 million in the same period last year.
09 May 2013
Arkansas Best rejected an offer by YRC Worldwide, its largest unionized less-than-truckload rival, to purchase either ABF Freight System or the entire company.
19 Feb 2013
Panther Expedited Services has appointed R. Louis Schneeberger as president and CEO and Edward R. Wadel as chief operating officer.
05 Jul 2012
Trucking operator Saia didn’t have to look far for a logistics company to buy — Robart Transportation
25 Jun 2012
By acquiring Panther Expedited Services, a $215 million non-asset trucking and logistics operator, holding company Arkansas Best is reaching beyond its core less-than-truckload market to pursue what i
18 Jun 2012
Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.
14 Jun 2012
Arkansas Best, parent of less-than-truckload operator ABF Freight System, is acquiring non-asset carrier Panther Expedited Services for $180 million.
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