ArcBest Corporation (ARCB) FORM 10-K | Annual Report Feb. 28, 2018

Discussion in 'ABF Freight System' started by Freightmaster1, Feb 28, 2018.

  1. Freightmaster1

    Freightmaster1 Well-Known Member

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    Check out the latest Form 10-K Annual Report filed by ArcBest (ARCB) with the SEC today.

    Click on this link to read the annual report...
    https://seekingalpha.com/filing/3912251?uprof=51


    [​IMG]
    2016 Summary Compensation Table for Judy (In Disguise With Glasses)...


    Salary------------------$660,000
    Stock Awards-------$461,241
    Non-Equity
    Incentive Plan
    Compensation------$421,654
    Change in Pension
    Value and Non-
    Qualified Deferred
    Compensation
    Earnings---------------$26,498
    All Other
    Compensation-------$42,471
    Total--------------------$1,611,864

    We can hardly wait to see the 2018 proxy report to see what Judy made in 2017!



    :bananapartyhat:
     
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  2. canaryinthemine

    canaryinthemine Retirement....The Job I Was Born To Have!

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    And.....every CEO in America is screaming about the Disclosure Act of 2015 that forces companies to show how much more in compensation they receive, as opposed to the average worker in that company. It's part of the Dodd-Frank Act that many in an.....unnamed.......political party want repealed......

    Don't forget,.....Last contract, Ms. McReynolds claimed she may have to ....leave,.....because she was...."underpaid",....compared to other trucking company executives. Aren't we lucky she decided to ....stay....with us?

    That's wonderful!..........And,....even after a concessionary contract that undervalued her employees further than even the non-Union carriers for 5 years......AND, a 15% windfall tax break,........the company negotiators are saying they STILL don't have a "profitable" company, and they're just hanging on by shoestrings.........

    Maybe there's a position open for a Captain of an ocean liner piloting through the iceberg fields of the North Atlantic. I have a candidate in mind......
     
  3. clydesdale

    clydesdale Active Member

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  4. Trucker 206

    Trucker 206 Well-Known Member

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    Perhaps we could name the ship ‘RMS Titanic’?
     
  5. canaryinthemine

    canaryinthemine Retirement....The Job I Was Born To Have!

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    Nah.......That'd be too obvious........

    How about the S.S. Overpaid?
     
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  6. runawaytrain

    runawaytrain Wear their scorn with pride.

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    I’m just curious, what was your 4th quarter operations ratio for 2017?
     
  7. Bloodweiser

    Bloodweiser Member

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    Whatever they want it to be.
     
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  8. runawaytrain

    runawaytrain Wear their scorn with pride.

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    Good answer!! And in many cases it’s actually true although it’s technically illegal to falsify that information.
     
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  9. 6PakAbs

    6PakAbs Well-Known Member

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    carefully manufactured and manipulated numbers will make it in favor of ArcBest...you know the shell game
     
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  10. Freightmaster1

    Freightmaster1 Well-Known Member

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    Asset-Based

    Results of Operations

    Fourth Quarter 2017 Versus Fourth Quarter 2016

    • Revenue of $497.0 million compared to $482.1 million, a per-day increase of 2.3 percent.
    • Tonnage per day decrease of 4.7 percent.
    • Shipments per day decrease 8.1 percent.
    • Total billed revenue per hundredweight increased 7.6 percent and was positively impacted by Asset-Based pricing initiatives and higher fuel surcharges. Excluding fuel surcharge, the percentage increase on ArcBest's Asset-Based LTL freight was in the mid-single digits.
    • Operating income of $18.0 million and an operating ratio of 96.4 percent compared to operating income of $7.1 million and an operating ratio of 98.5 percent. On a non-GAAP basis, operating income of $19.4 million and an operating ratio of 96.1 percent compared to operating income of $8.7 million and an operating ratio of 98.2 percent.
      :poke:
     
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  11. canaryinthemine

    canaryinthemine Retirement....The Job I Was Born To Have!

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    Thank you, Sir!

    Yup,.....they're making money...........at least as far as the shareholders are concerned.

    I wonder if the Union is seeing the same numbers,....and factoring in their 15% tax windfall.
     
  12. runawaytrain

    runawaytrain Wear their scorn with pride.

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    They absolutely are and should be negotiating accordingly on your behalf. I will say that it’s not like they are operating in the 80’s like Old Dominion but they should negotiate in good faith. And that means giving back something.
     
  13. Freightmaster1

    Freightmaster1 Well-Known Member

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    [​IMG]
    Relax people! Can't you see that Brother Ernie and the boyz have it under control?!
    :19:
     
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  14. runawaytrain

    runawaytrain Wear their scorn with pride.

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    I wonder what’s going on in the minds of these guys? Looks like some serious thinking going on. :scratchhead:
     
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  15. runawaytrain

    runawaytrain Wear their scorn with pride.

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    I detect an impasse and they are contemplating the next move or they could just be bored and thinking about what’s for dinner.
     
  16. 6PakAbs

    6PakAbs Well-Known Member

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    what would it be w/o the concessions? Well one thing I can say for sure, Judy is certainly no Melia Trump!
     
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  17. Freightmaster1

    Freightmaster1 Well-Known Member

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    Don't let her "disguise" fool you!
    :19:
     
  18. Cab Lizzard

    Cab Lizzard Well-Known Member

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    TEE Times ?
     
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  19. 6PakAbs

    6PakAbs Well-Known Member

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    and one more thing...why wouldn't the shipment count and tonnage be down...H*ll, ArcBest Logistics is giving it all away??!!! That is my take on it....Good point, even if I do say so...Duh!
     
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