Arcbest Corporation

Industries Consumer Services
Subsidiaries https://www.sec.gov/Archives/edgar/data/894405/000110465915015842/a14-26130_1ex21.htm ABF Freight System, Transport Realty, Inc., Land-Marine Cargo, Inc., Motor Carrier Insurance, Ltd., Panther Premium Logistics, Inc.
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

The biggest 3000 companies in the U.S. in the year of 2025.

Rating Overview

Risk Rating: Medium

Arcbest Corporation is Medium Risk.

ArcBest Corporation is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. ArcBest Corporation implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy Lower Risk
Employment Protection High Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias High Risk
Funding Lower Risk
Political Actions Lower Risk

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Medium

Rationale:

ArcBest Corporation integrates ESG into its business practices. From its 2022 ESG Report: “As a transportation and logistics provider, our business impacts
the environment and a large, diverse group of stakeholders. That’s
why we continually work to integrate ESG considerations more
fully into our business strategy” (1). The company has a history of divisive corporate policies and practices. However, in April 2026, the company removed ESG language from its 2025 Impact Report. To date, the company has not publicly addressed this change, leaving shareholders without clarity regarding the company’s reasoning or future direction (2). However, ArcBest Corporation has not canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

ArcBest Corporation does not appear to discriminate against charitable organizations based on views or beliefs (1)(2)(3).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

ArcBest Corporation appears to prioritize diversity over merit in its recruitment and hiring. From its ArcBest Outlines Strategy for a More Diverse, Equitable and Inclusive Organization news post: “With KG’s guidance and expertise, ArcBest has developed a DEI strategy with four focus areas: Workforce – attracting talent at diverse institutions as well as developing and retaining underrepresented employees at all levels of the organization” (1). The company operates a supplier diversity program. “With KG’s guidance and expertise, ArcBest has developed a DEI strategy with four focus areas:… Marketplace – providing opportunity to diverse supply chain partners” (2). ArcBest Corporation does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

ArcBest Corporation supports DEI within its business practices. From its ArcBest Outlines Strategy for a More Diverse, Equitable and Inclusive Organization news post: “ArcBest unveiled a strategic Diversity, Equity and Inclusion (DEI) Roadmap, an important step in the critical work ArcBest is doing to engage and retain talent with diverse experiences and perspectives and to build a more inclusive place for all” (1). The company supports ESG within its business practices. From its 2025 Impact Report: “Responsible for overseeing the company’s sustainability strategy, practices and policies, and as
appropriate, providing updates, making recommendations to the Board and monitoring emerging
trends, best practices and regulatory developments related to sustainability matters, including
environmental, social and corporate governance issues” (2).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

ArcBest Corporation has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

ArcBest Corporation has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).