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ArcBest Corp (ARCB) Q4 2020 Earnings Call Transcript


Operator
Greetings and welcome to the ArcBest s Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to David Humphrey, Vice President of Investor Relations. Please go ahead.
David Humphrey
Vice President of Investor Relations
Welcome to the ArcBest fourth quarter 2020 earnings conference call. Our presentation this morning will be done by Judy McReynolds, Chairman, President and Chief Executive Officer of ArcBest; David Cobb, Chief Financial Officer of ArcBest. We thank you for joining us today. In order to help you better understand ArcBest and its results, some forward-looking statements could be made during this call. As we all know, forward-looking statements by their very nature are subject to uncertainties and risk. For more complete discussion of factors that could affect the company s future results, please refer to the forward-looking statement section of the company s earnings press release ....

United States , David Ross Stifel , Chris Wetherbee , Davidr Cobb , Jason Seidl Cowen , Jack Atkins Stephens , Judyr Mcreynolds , Judy Mcreynolds , Seth Runser , David Cobb , Tim Thorn , Todd Fowler Keybanc , David Ross , David Humphrey , Chris Wetherbee Citi , Jason Seidl , Jack Atkins , Todd Fowler , Central States Pension Fund , American Trucking Association Excellence In Cargo , Arcbest Corp , Fourth Quarter , Vice President , Chief Executive Officer , Chief Financial Officer , Chief Executive ,

Possible Jimmy Hoffa Burial Site ID'd, Labor Boss Helped Fund Las Vegas Casinos  - Casino.org Possible Jimmy Hoffa Burial Site ID'd, Former Labor Boss Helped Fund Las Vegas Casinos


 
James Hoffa, right, talks with Robert Kennedy, counsel for the Senate Rackets Investigating Committee, in Washington, D.C. on Aug. 21, 1957. Two reporters recently located a potential Hoffa burial site. (Image:
Associated Press)
Fox News anchor and reporter Eric Shawn wrote on the network’s website Friday that radar identified “large buried pieces of curved metal” where Hoffa might have been buried in a 55-gallon steel drum. The dump site is in Jersey City beneath the Pulaski Skyway. The skyway, opened in 1932, connects Jersey City and Newark.
Shawn and investigative reporter Dan E. Moldea appear together at the parcel in the fourth episode of ....

United States , New Jersey , Las Vegas , Jersey City , Jimmy Hoffa , Frank Cappola , Dane Moldea , Jamesr Hoffa , Eric Shawn , Jeff Burbank , Martin Scorsese , Teamsters Union , Labor Boss Helped Fund Las Vegas Casinos , Central States Pension Fund , Possible Jimmy Hoffa Burial Site , Labor Boss Helped Fund Las Vegas , Commercial Gaming , Gaming Business , Fox Nation , Hoffa Wars , Machus Red Fox , New Jersey Mafia , Giants Stadium , Ground Penetrating Radar Systems , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி ,

Stars Have Aligned for Union Pension Funding Action


Stars Have Aligned for Union Pension Funding Action
Sources hopeful for Congressional action say arguments about saving union pensions should be linked to the broader social and economic challenges facing the U.S. and its labor force.
Reported by
A little over a month ago, Russell Kamp, managing director at Ryan ALM, spoke with PLANSPONSOR about the funding crisis facing many, but not all, union-sponsored multiemployer pension funds.
At the time, Kamp said much was at stake for union pensions based on the outcome of the two early January Senate runoff elections in Georgia. Like many other observers commenting at the time, Kamp felt it was likely that at least one of those elections would be won by a Republican, and the assumption of divided government made him fairly pessimistic about the possibility of serious union pension reform occurring this year. ....

United States , New Jersey , White House , District Of Columbia , Russell Kamp , Retirement Security Coalition , Central States Pension Fund , Pension Benefit Guaranty Corporation , January Senate , Democratic Led House , Butch Lewis Act , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , ரஸ்ஸல் கம்ப் , ஓய்வு பாதுகாப்பு கூட்டணி , மைய மாநிலங்களில் ஓய்வூதியம் நிதி , ஓய்வூதியம் நன்மை உத்தரவாதம் நிறுவனம் , ஜனவரி செனட் , ஜனநாயக வழிநடத்தியது வீடு , புட்ச் லெவிஸ் நாடகம் ,

Capitol Fax.com - Your Illinois News Radar » He's not wrong


- Pot calling kettle - Tuesday, Dec 15, 20 @ 10:24 am:
The big difference between Republicans and Democrats seems to by the color of the fairy dust and the number unicorns necessary to balance the budget.
- Pot calling kettle - Tuesday, Dec 15, 20 @ 10:24 am:
be
They turned down 90% of what they asked for to deny a Republican President they despise a win in an election year. Now they are paying the price.
“Democrats ultimately settled for less than a third of what they had set as a baseline for state and local aid, accepted a package without any $1,200 direct payments, and signed off on a plan that, after offsets, includes less than $350 billion in new money, well below a slew of pre-election proposals rejected by Democrats like Nancy Pelosi and Chuck Schumer as being too low.” ....

United States , The White House , District Of Columbia , White House , Chuck Schumer , Rich Miller , Chris Millerr Oakland , Oswego Willy , Nancy Pelosi , Bob Adams , Mitch Mcconnell , Larry Bowa Jr , John Lopez , Republican Senate , Central States Pension Fund , Us Senate Democratic Whip Dick Durbin , Senate Dems , Supreme Court , Us Supreme Court , Senate Majority Leader , Chris Miller , Democratic Whip Dick Durbin , Republican President , Congressional Democrats , Congressman Elect Oberweis , Central States Pension ,

PBGC Programs in Very Different Positions


PBGC Programs in Very Different Positions
The single-employer program is improving, but Director Gordon Hartogensis says it’s clear legislative help is needed for the multiemployer program.
Reported by
The Pension Benefit Guaranty Corporation (PBGC) has released its Fiscal Year (FY) 2020 Annual Report, which notes, among other things, that the expected insolvency date of the agency’s multiemployer insurance program has been delayed from FY 2025 to sometime in FY 2026.
Meanwhile, the single-employer insurance program is improving, driven primarily by investment income and premium income.
The multiemployer program remains severely underfunded, with liabilities of $66.9 billion but only $3.1 billion in assets as of September 30. This resulted in a deficit, or negative net position, of $63.7 billion, compared with $65.2 billion a year earlier. The decrease in the program’s deficit is primarily due to the enactment of the Bipartisan American Miners Act of 2019 ....

United States , Gordon Hartogensis , United Mine Workers Pension Fund , Central States Pension Fund , Employer Program , Pension Benefit Guaranty Corporation , Fiscal Year , Bipartisan American Miners Act , United Mine Workers , Multiemployer Pension Reform Act , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது என்னுடையது தொழிலாளர்கள் ஓய்வூதியம் நிதி , மைய மாநிலங்களில் ஓய்வூதியம் நிதி , முதலாளி ப்ரோக்ர்யாம் , ஓய்வூதியம் நன்மை உத்தரவாதம் நிறுவனம் , நிதி ஆண்டு , ஒன்றுபட்டது என்னுடையது தொழிலாளர்கள் ,