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Arcbest® Announces Closing Of The Molo Solutions Purchase

PUBLIC · ARCBNov 01, 2021

Acquiring Company

ArcBest Corporation

Acquired Company

MoLo Solutions

Fort SmithOil And GasTransportationSupply Chain ManagementLogistics

Description

ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that it has finalized the previously announced acquisition of MoLo Solutions, LLC ("MoLo"), a Chicago-based truckload freight brokerage, effective November 1, 2021.

Quick answer

ArcBest Corporation is acquiring MoLo Solutions, announced November 1, 2021. ArcBest Corporation is based in Fort Smith, Arkansas, United States.

How much did ArcBest Corporation pay for MoLo Solutions?
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 Solutions 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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Company Information

Company

ArcBest Corporation

Location

Fort Smith, Arkansas, United States

About

ArcBest Corporation is a leading provider of integrated logistics services and a prominent player in the transportation industry. The company offers a variety of services, including freight transportation, logistics management, and supply chain solutions primarily through its subsidiaries. With a focus on enhancing service delivery, ArcBest caters to a diverse range of industries and customers across North America. The company continues to invest in technology and infrastructure to improve operational efficiency and customer service. Additionally, ArcBest is committed to sustainable practices and expanding its market reach in both traditional and emerging logistics sectors.

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Frequently asked

Who acquired MoLo Solutions?

MoLo Solutions was acquired by ArcBest Corporation, based in Fort Smith. The deal was reported on November 1, 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 Solutions?

ArcBest Corporation's acquisition of MoLo Solutions was reported on November 1, 2021. ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that it has finalized the previously announced acquisition of MoLo Solutions, LLC ("MoLo"), a Chicago-based truckload freight brokerage, effective November 1, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MoLo Solutions do?

MoLo Solutions is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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