ARCBEST CORP /TX/
For the period ended Apr 25, 2025. Filed Mar 14, 2025.
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Apr 25, 2025 · Filed Mar 14, 2025
Contents
Compensation Program Changes for 2025
The Committee monitors and reviews the Company’s executive compensation programs on an ongoing basis. In January 2025, with the assistance of Meridian, the Committee evaluated the incentive plan structure, including program objectives, market comparisons, and compensation philosophy. Based on this review, the Committee approved the expansion of the Company’s peer group for purposes of the Relative TSR component of its cash long-term incentive compensation plans beginning with awards granted in 2025, to mitigate the impact of market volatility on Relative TSR performance results. As a result of this change, the Company will utilize a larger peer group for purposes of the Relative TSR performance metric of the 2025-2027 C-LTIP plan, as set forth below:
| 2025 Market Compensation Peer Group | 2025-2027 C-LTIP Relative TSR Peer Group | ||
|---|---|---|---|
| Ticker | Ticker | ||
| Company Name | Symbol | Company Name | Symbol |
| ArcBest Corporation | ARCB | ArcBest Corporation | ARCB |
| Covenant Logistics Group, Inc. | CVLG | C.H. Robinson Worldwide, Inc. | CHRW |
| Forward Air Corporation | FWRD | Covenant Logistics Group, Inc. | CVLG |
| Hub Group, Inc. | HUBG | CSX Corporation | CSX |
| J.B. Hunt Transport Services, Inc. | JBHT | Expeditor's International of Washington, Inc. | EXPD |
| Knight-Swift Transportation Holdings, Inc. | KNX | FedEx Corporation | FDX |
| Landstar System, Inc. | LSTR | Forward Air Corporation | FWRD |
| Old Dominion Freight Line, Inc. | ODFL | Hub Group, Inc. | HUBG |
| RXO, Inc. | RXO | J.B. Hunt Transport Services, Inc. | JBHT |
| Saia, Inc. | SAIA | Knight-Swift Transportation Holdings, Inc. | KNX |
| Schneider National, Inc. | SNDR | Landstar System, Inc. | LSTR |
| TFI International Inc. | TFII | Norfolk Southern Corporation | NSC |
| Werner Enterprises, Inc. | WERN | Old Dominion Freight Line, Inc. | ODFL |
| XPO, Inc. | XPO | RXO, Inc. | RXO |
| Ryder System, Inc. | R | ||
| Saia, Inc. | SAIA | ||
| Schneider National, Inc. | SNDR | ||
| TFI International Inc. | TFII | ||
| Union Pacific Corporation | UNP | ||
| United Parcel Service, Inc. | UPS | ||
| Werner Enterprises, Inc. | WERN | ||
| XPO, Inc. | XPO | ||
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