Business
ABF Freight President Tim Thorne To Retire Later This Year
Seth Runser, currently ABF vice president - linehaul operations, named as successor FORT SMITH, Ark., Jan. 11, 2021 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a
About this update from Arcbest Corporation
[{"type":"text","content":"Seth Runser, currently ABF vice president - linehaul operations, named as successor\n\n\nFORT SMITH, Ark., Jan. 11, 2021 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that Tim Thorne, president of ArcBest less-than-truckload carrier ABF Freight®, will retire effective June 30, 2021, after a 31-year career with the company.\n\n \n \n \n \n \n \n\n \nSeth Runser, ABF vice president – linehaul operations, will be promoted to the new role of ABF chief operating officer, effective Feb. 1, 2021, and will become ABF president on July 1, 2021.\nThorne has been president since October 2014. He joined ABF in 1990 as a supervisor assistant after serving as a captain in the U.S. Army. Prior to becoming president, Thorne held increasing roles of responsibility — as a service center manager in Alabama, Tennessee and Pennsylvania, as a regional vice president – operations in Utah and as vice president – linehaul operations. \n\"Over the past three decades, Tim has made significant and meaningful contributions to our company as ArcBest has expanded and diversified to meet customers' needs,\" said Judy R. McReynolds, ArcBest chairman, president and CEO. \"He has approached each role with integrity, enthusiasm and excellence. I thank Tim for his dedication and longtime service to our organization, and I wish him, his wife Diane and their family the very best. He will be greatly missed.\"\nUnder Thorne's leadership, ABF ratified a 2018 labor agreement with the International Brotherhood of Teamsters and paid a profit-sharing bonus to eligible union employees for the first time in its nearly 100-year history. \n\"We have the very best people in the business, and it has been a great honor to serve as president of ABF,\" Thorne said. \nRunser, 36, joined the company in 2007 as a management trainee in Cleveland, Ohio. He has moved around the country, living in Youngstown, Ohio; Dallas, Texas; Akron, Ohio; Baltimore, Maryland; and Kansas City, Missouri, before relocating to the corporate headquarters in Fort Smith, Arkansas. Seth has extensive experience, having served as operations supervisor, regional training specialist, service center manager and regional vice president – operations before assuming his current role.\n\"Seth is a goal-oriented and values-driven leader who has a deep knowledge of our frei...