Ar­cBest pric­ing adds dimensions of load

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM - — Emma N. Hurt

Ar­cBest Corp. has changed its pric­ing struc­ture to take into ac­count a ship­ment’s dimensions as well as weight, the com­pany said Fri­day. Pre­vi­ously, the min­i­mum charge for its lessthan-truck­load ship­ments was strictly weight-based.

“Based on the way their pric­ing is set, they weren’t cap­tur­ing enough rev­enue for some of th­ese lighter­weight, big bulky items that were tak­ing up space in their trail­ers,” said Brad Delco, trans­port an­a­lyst at Stephens, Inc.

He re­ferred to the ex­am­ple of ship­ping 10 pounds of lead ver­sus 10 pounds of ping­pong balls and the dif­fer­ent amounts of space they can take up in a trailer.

Delco said that ul­ti­mately, the change is a price in­crease, “which you don’t take un­less you have con­fi­dence in the de­mand en­vi­ron­ment and your abil­ity to add value for your cus­tomers. So this is pos­i­tive for [Ar­cBest] and should be read as a pos­i­tive data point for the in­dus­try.”

The change will go into ef­fect Aug. 1.

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