Arcbest® To Acquire Molo Solutions, Enhancing Scale And Accelerating Growth
Acquiring Company
ArcBest Corporation
Acquired Company
MoLo
Fort SmithOil And GasTransportationSupply Chain ManagementLogisticsOtherFinancial ServicesData And AnalyticsCommerce And ShoppingDescription
ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that it has entered into a definitive agreement to acquire MoLo Solutions, LLC ("MoLo"), a Chicago-based truckload freight brokerage. With the acquisition, ArcBest will become a top 15 U.S. truckload broker with access to over 70,000 carrier partners.
Quick answer
ArcBest Corporation is acquiring MoLo, announced September 29, 2021. ArcBest Corporation is based in Fort Smith, Arkansas, United States.
- How much did ArcBest Corporation pay for MoLo?
- The deal value was not disclosed.
- What does ArcBest Corporation do?
- ArcBest Corporation is a leading provider of integrated logistics services and a prominent player in the transportation industry.
- Where are ArcBest Corporation and MoLo based?
- ArcBest Corporation is based in Fort Smith, Arkansas, United States.
- Who are the decision-makers at ArcBest Corporation?
- Fundz holds 1 contact at ArcBest Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at ArcBest Corporation, and when
When ArcBest Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ArcBest Corporation raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired MoLo?
MoLo was acquired by ArcBest Corporation, based in Fort Smith. The deal was reported on September 29, 2021. ArcBest Corporation is a leading provider of integrated logistics services and a prominent player in the transportation industry. ArcBest Corporation is publicly traded (ARCB) and operates in Oil And Gas.
When did ArcBest Corporation acquire MoLo?
ArcBest Corporation's acquisition of MoLo was reported on September 29, 2021. ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that it has entered into a definitive agreement to acquire MoLo Solutions, LLC ("MoLo"), a Chicago-based truckload freight brokerage. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MoLo do?
MoLo is a third-party logistics company with a mission to deliver the best experience in transportation. At MoLo, we're driven to do things the right way. It is privately held, operating in Other.
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