Company: ArcBest, Fort Smith, AR Nomination Submitted by: Zeno Group Company Description: ArcBest® is a multibillion-dollar integrated logistics company that leverages our technology and full suite of shipping and logistics solutions to meet our customers’ supply chain needs. Nomination Category: Individual Awards Categories Nomination Sub Category: Female Executive of the Year – Business Services –More Than 2,500 Employees Nomination Title: Judy R. McReynolds
- Which will you submit for your nomination in this category, a video of up to five (5) minutes, explaining the achievements since July 1, 2022 of the nominated woman, OR written answers to the questions? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video. If you are submitting written answers to the questions for this category, provide them in the spaces below:
- Briefly describe the nominated individual: history and past performance (up to 200 words):
Total 200 words used.
The logistics industry continues to face volatility. In this environment, stronger leasers are needed to instill confidence, while also driving growth. When Judy became CEO in 2010 [REDACTED FOR PUBLICATION]. ArcBest was at a turning point — the company could adapt and expand or remain stagnant. By leveraging her understanding of the global economy and collaborating with leaders across the organization, she developed a strategic vision that catapulted ArcBest’s record-breaking growth, differentiated its solutions and established the agility needed to pivot quickly to meet customers’ needs. This strategy has strengthened and sustained the business over the last 14 years. A pivotal moment in Judy’s leadership was in 2016 when the company introduced its enhanced market approach. Recognizing the need to diversify so ArcBest could fully support the way businesses and industries operate in a constantly changing world, the company expanded into a full-service integrated logistics company that can meet customers’ changing supply chain needs.
Under Judy’s leadership, revenue has grown more than 110%. Because of ArcBest’s transformation into an integrated logistics company, 90% of Top 50 customers are cross sold on flexible supply chain services.
- Outline the nominee's achievements since July 1 2022 that you wish to bring to the judges' attention (up to 250 words):
Total 241 words used.
Judy is a true transformational leader. Through her unmatched growth strategy anchored in investing in people, technology and innovative solutions, ArcBest continues to lead the way.
People are at the heart of ArcBest’s success, and Judy believes that to be an industry leader you must foster employee development and ensure they feel supported. As ArcBest continues to grow, Judy is steadfast in investing back into its people through excellent benefits, award-winning training, industry-leading wages and more. Her values-driven and people-focused approach makes ArcBest a sought-after place to work. [REDACTED FOR PUBLICATION]
Judy champions innovation as it is crucial to meeting customer needs and unlocking the industry’s future. This belief is why ArcBest invests more than $175M annually in technology and innovation, with a focus on strategic projects and transformative initiatives – well above industry benchmarks. Most recently, she championed the launch of Vaux and Vaux Smart Autonomy, first-of-its-kind technology that transforms material handling processes in warehouses, distribution centers and manufacturing facilities for customers with supply chain challenges. Vaux was named a 2023 TIME Best Invention.
Her transformative leadership is certified by awards like Arkansas Business Hall of Fame and ranking on Forbes 50 Over 50 list.
- Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 201 words used.
- [REDACTED FOR PUBLICATION]
- [REDACTED FOR PUBLICATION]
- Vaux Suite of Services: A critical invention as part of Judy’s strategic vision to invest over 175M in innovation annually to drive the supply chain forward. Vaux is a first-to-market technology that completely transforms material handling processes for companies facing critical supply chain challenges.
- Judy’s Personal Accolades: Judy is recognized by many organizations both nationally and in ArcBest’s home state for her vision, leadership, and mentorship of people.
- ArcBest Accolades: Core to Judy’s leadership is a values-driven culture that is people focused, as evidenced by recognitions including:
- Earnings Report: The following earnings reports showcase Judy’s strategic vision paying off.
- Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the nominee's past performance (up to 250 words):
Total 248 words used.
In 2023, ArcBest celebrated its 100th anniversary and a milestone year, achieving its second-best revenue performance in history at $4.4 billion [REDACTED FOR PUBLICATION].
Why? Because, at the core of ArcBest’s success, Judy is leading a growth strategy that will propel the company into the next century:
- Investments in people: Judy supports the idea that the company’s responsibility is to help employees succeed. ArcBest does that by providing continuous resources for training and professional development. Employees understand they can grow and thrive at ArcBest, with many staying for 10, 20 or 30+ years. This is also why the company is a leading place to work, certified by its Forbes ranking as one of America’s Best Large Employers.
- Investments in technology: Under Judy’s leadership, ArcBest is investing heavily in strategic projects and transformative technology that supports our customers’ changing needs. The company is an industry leader in efforts to create more efficient and visible supply chains and actively invests in sustainable solutions and technologies that minimize environmental impact.
- Investments in customer solutions: With today’s supply chain challenges, customers need logistics providers to step up, create solutions that meet their needs and be true partners. The company’s integrated approach, combined with 100 years of industry expertise, ensures customers have the solutions and capacity they need to get the job done.
Attachments/Videos/Links: |
---|
|