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0 -0.000789503364788073 3.7595398323211E-05 0.00131583894131367 -0.00116545734802061 0.013195984811459 0.0223692620023309 0.0223692620023309
Stock impact report

PS Logistics adds Yordy Transport to its flatbed fleet [Yahoo! Finance]

ArcBest Corporation (ARCB) 
Last arcbest corporation earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: arcb.com/investor-relations
Company Research Source: Yahoo! Finance
Headquartered in Morton, Illinois, Yordy Transport was founded six years ago and has a fleet of 30 power units, according to Federal Motor Carrier Safety Administration data. It primarily moves railroad and building materials throughout the central and southeast U.S. “This acquisition aligns nicely with our desire to partner with founder- or family-owned trucking companies that put their drivers first while also providing quality service to their customers, and PS Logistics is looking forward to the growth opportunities that will result from this acquisition,” said Scott Smith, CEO and co-founder at PS Logistics. The deal is expected to complement Diamond States' current footprint and provide operational synergies. Yordy Transport's drivers and staff will remain on board, operating under the Diamond State banner. Financial terms of the transaction were not disclosed. “Throughout the process of working with them, it became evident that they are committed to the drivers' succ Show less Read more
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