Latest news with #MacPinkerton
Yahoo
29-05-2025
- Business
- Yahoo
ArcBest taps CH Robinson veteran to fix asset-light business
Transportation and logistics provider ArcBest announced Thursday that it has hired a former C.H. Robinson leader to head operations at its struggling asset-light logistics business. Mac Pinkerton, former president of C.H. Robinson's (NASDAQ: CHRW) flagship North American Surface Transportation (NAST) business, will join ArcBest (NASDAQ: ARCB) as chief operating officer of asset-light logistics, effective Jan. 5. Pinkerton will succeed Steven Leonard, who will retire next month after 24 years with ArcBest. (This is part of a planned succession announced earlier this year.) Leonard served as chief commercial officer and president of asset-light logistics for a two-year period ending in February shortly after his retirement was announced. He has served as the segment's chief operating officer since. Pinkerton was with C.H. Robinson for 27 years, serving in various leadership roles, before departing the 3PL in early 2024, six months after the company hired a new CEO.'We're excited for Mac to join our team. He brings a depth of experience, a passion for customers and extensive supply chain knowledge,' said ArcBest Chairman and CEO Judy McReynolds in a news release. 'We're confident in his ability to drive increased value for customers and shareholders.' ArcBest's asset-light unit, which includes the late-2021 acquisition of truckload brokerage MoLo Solutions, logged a seventh straight operating loss during the 2025 first quarter. Like other 3PLs and freight brokers, the segment has struggled during a prolonged freight recession. The unit is again expected to book a small operating loss in the second quarter. Asset-light will report to ArcBest President Seth Runser during the transition FreightWaves articles by Todd Maiden: Truckload spot rates to continue upward trend, RXO says Activist investor pushes Forward Air to execute 'value-maximizing sale' FedEx taps leaders from within for LTL spinoff, to Wall Street's dismay The post ArcBest taps CH Robinson veteran to fix asset-light business appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
29-05-2025
- Business
- Business Wire
ArcBest Appoints Mac Pinkerton as Chief Operating Officer of Asset-Light Logistics
FORT SMITH, Ark.--(BUSINESS WIRE)-- ArcBest ® (Nasdaq: ARCB), an integrated logistics company, has announced that Mac Pinkerton is joining the company as chief operating officer of asset-light logistics, effective January 5, 2026. Mac is an experienced executive with a strong track record of driving growth and implementing positive change. He has extensive industry experience that enables him to bring value immediately. He succeeds Steven Leonard, who is retiring in June after a 24-year career with ArcBest. The asset-light organization will report to Seth Runser, president of ArcBest, in the interim between Leonard's retirement and the beginning of January. 'We're excited for Mac to join our team. He brings a depth of experience, a passion for customers and extensive supply chain knowledge,' said Judy McReynolds, ArcBest chairman and CEO. 'We're confident in his ability to drive increased value for customers and shareholders.' Pinkerton joins ArcBest from C.H. Robinson, where he spent 28 years in various roles, most recently serving as president of North America Surface Transportation. 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 14,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux ™, one of the TIME Best Inventions of 2023. For more information, visit
