ABF | Arcbest Talks acquisition strategy after buying startup for 235m.

[woodennose]

This was an article dated 2/4/2022. It wanted me to subscribe to read it. I didn’t. Anyone hear anything about this?

 

[6PakAbs]

I don't want to subscribe to anything to read this article...what's up?

 

[Pokey Okie]

ArcBest has entered into a definitive agreement to acquire MoLo Solutions, a Chicago-based truckload freight brokerage.


With the acquisition, ArcBest will double its available capacity and become a top 15 U.S. truckload broker with access to over 70,000 carrier partners, ArcBest officials said in a press release.

 

[BIG R GUY]

ArcBest has entered into a definitive agreement to acquire MoLo Solutions, a Chicago-based truckload freight brokerage.


With the acquisition, ArcBest will double its available capacity and become a top 15 U.S. truckload broker with access to over 70,000 carrier partners, ArcBest officials said in a press release.

ArcBest® to Acquire MoLo Solutions, Enhancing Scale and Accelerating Growth

/PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that it has entered into a definitive agreement to acquire MoLo...

www.prnewswire.com

That was 4-5 months ago there, Ted.

 

[Big Dave]

I thought they bought OhNo Logistics out of Little Rock that provides shuttle van rides to citizens. Unfortunately Stew’s cousins always put them over capacity and the contractors got sick of washing out their vans after every trip…..

 

[icuicp]

I thought they bought OhNo Logistics out of Little Rock that provides shuttle van rides to citizens. Unfortunately Stew’s cousins always put them over capacity and the contractors got sick of washing out their vans after every trip…..

ArcBest was reportedly looking into sister companies of OhNoLo. UhhOh and Ooopsy Daisy. Judy Mac is really interested their SHART capacity. ( Shipping , Handling And Regional Transportation )

 

[GO40]

ArcBest has entered into a definitive agreement to acquire MoLo Solutions, a Chicago-based truckload freight brokerage.


With the acquisition, ArcBest will double its available capacity and become a top 15 U.S. truckload broker with access to over 70,000 carrier partners, ArcBest officials said in a press release.

ArcBest’s light asset narrowed the gap to asset based with that MoLo purchase….

 

[BIG R GUY]

I thought they bought OhNo Logistics out of Little Rock that provides shuttle van rides to citizens. Unfortunately Stew’s cousins always put them over capacity and the contractors got sick of washing out their vans after every trip…..

I thought they bought, Two Ton Tessie Transit of N Little Rock?

 

[steercrazee]

ArcBest has entered into a definitive agreement to acquire MoLo Solutions, a Chicago-based truckload freight brokerage.


With the acquisition, ArcBest will double its available capacity and become a top 15 U.S. truckload broker with access to over 70,000 carrier partners, ArcBest officials said in a press release.

I have seen some truckload trailers that have ArcBest on the side and tractors but they were not the green A.B.F tractors.