ArcBest Announces Layoffs, Closing 10 LTL Terminals ArcBest's restructuring plan aims to cut costs and boost profitability in a challenging market.
The company will lay off approximately 2% of its workforce and close 10 less than truckload (LTL) terminals.
The move seems like a cost cutting measure at first glance, but it's worth noting that ArcBest operates a substantial network of 240 terminals with over 9,600 doors.