ArcBest Corporation

04/16/2024 | Press release | Distributed by Public on 04/16/2024 07:57

ArcBest Named One of The Americas’ Fastest Growing Companies of 2024 by Financial Times and Statista

ArcBest is Recognized for Sustainable, Organic Revenue Growth

ArcBest was named to Financial Times' and Statista's list of The Americas' Fastest Growing Companies of 2024, ranking No. 423. This award, in its fifth year, highlights 500 companies across North, Central and South America that achieved a high revenue growth rate from 2019 to 2022. Receiving this recognition is a testament to our long-term growth strategy and commitment to serving customers with excellence - helping create sustainable value and drive positive business outcomes.

"Our diverse suite of integrated solutions, innovative spirit and commitment to operational excellence enables us to serve as a trusted advisor to our customers, helping them navigate the complex and evolving logistics landscape," said Judy R. McReynolds, ArcBest chairman, president and CEO. "We're not just following trends. We're leading the way, providing best-in-class service to new and existing customers, driving innovations that grow our people and our business, and developing revolutionary technology like Vaux that creates game-changing efficiencies for our customers."

The Americas' Fastest Growing Companies ranking is based on a four-step process: optional application, data research, evaluation and ranking. Statista identified more than 30,000 companies as potential candidates and invited them to participate. After the application phase, Statista examined the revenue data of over 1,000 publicly listed and independently operated companies, adding high-profile companies to the selection process that met the minimum revenues in 2019 ($100,000) and 2022 ($1.5 million) and had a growth rate of at least 9% from primarily organic growth. The compound annual growth rate was calculated based on the revenue figures submitted by the companies and verified by Statista. Winners were chosen from companies with headquarters in one of 20 American countries.

About Financial Times

Financial Times is one of the world's leading business news organizations, recognized internationally for its authority, integrity and accuracy. The FT has a record paying readership of 1.2 million, more than one million of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.

About Statista

Statista is a global data and business intelligence platform with an extensive collection of statistics, reports and insights on over 80,000 topics from 22,500 sources in 170 industries. Established in Germany in 2007, Statista operates in 13 locations worldwide and employs around 1,100 professionals. As pioneers in shaping the future of the data economy, our ultimate goal is to create a world that is more transparent, reliable and trustworthy.