June 30
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 8, 2023 (
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Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
ITEM 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 5, 2023, Danny E. Loe, Chief Yield Officer of ArcBest Corporation (the “Company”), notified the Company of his decision to leave the Company. Mr. Loe’s last day with the Company will be June 16, 2023.
ITEM 7.01 – REGULATION FD DISCLOSURE
On June 8, 2023, the Company issued a press release announcing Mr. Loe’s departure and the appointment of his successor. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated into this Item 7.01 by reference.
The information furnished in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. | Description of Exhibit | |
99.1* | ||
104 | Cover Page Interactive Data File – The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
*Furnished herewith.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ARCBEST CORPORATION | |||
(Registrant) | |||
Date: | June 8, 2023 | /s/ Michael R. Johns | |
Michael R. Johns | |||
Chief Legal Officer | |||
and Corporate Secretary | |||
Exhibit 99.1

Media Contact: Autumnn Mahar |
Email: amahar@arcb.com |
Phone: 479-494-8221 |
ArcBest Announces Promotion of Christopher Adkins as Yield Leader
and Departure of Chief Yield Officer Danny Loe
FORT SMITH, Ark., June 8, 2023 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced its Chief Yield Officer Danny Loe has decided to leave the company effective June 16 to explore other opportunities.
“Danny has been instrumental in building an incredible yield team,” said Judy R. McReynolds, ArcBest chairman, president and CEO. “Since joining ArcBest 26 years ago, Danny has played a key role in many of the initiatives that position ArcBest as a leading logistics company. We thank Danny for his contributions and wish him all the best.”
“It has been a privilege to spend most of my career at ArcBest and to lead such an exceptional group of people,” Loe said. “I am proud of everything we accomplished together and wish them great success in the future.”
Christopher Adkins, currently vice president yield strategy, will expand his responsibilities to lead our yield, moving, and costing teams and be named vice president - yield strategy and management, effective June 17. Christopher has been with ArcBest for more than 11 years and was recently named as one of Talk Business’ Arkansas Forty Under 40. He plays a leading role in important ArcBest initiatives such as automated price quotes, space-based pricing and our dynamic LTL offering by collaborating with ArcBest’s best-in-class yield, sales, operations, and technology teams. Adkins holds a bachelor’s degree in industrial engineering from the University of Arkansas.
“Christopher has been a values-driven leader for our yield team, and we look forward to working with him in his new role,” McReynolds said. “I anticipate a seamless leadership transition with Christopher’s expertise and deep knowledge of our company and industry.”
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with over 15,000 employees across nearly 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages its full suite of shipping and logistics solutions to meet customers’ critical needs, each and every day. For more information, visit arcb.com.
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