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Timothy D. Thorne net worth and biography

Timothy Thorne Biography and Net Worth

Insider of ArcBest

Tim Thorne became President of ABF Freight®, an ArcBest® company, on October 15, 2014. Mr. Thorne joined ABF Freight in Orlando, Florida, in 1990 after serving as a captain in the U.S. Army. During his tenure, he has served as Vice President of Linehaul Operations based in Fort Smith, Arkansas, and Regional Vice President of Operations based in Salt Lake City, Utah. He also has managed ABF Freight service centers in Florence and Decatur, Alabama; Nashville, Tennessee; and Carlisle, Pennsylvania.

Mr. Thorne earned a Bachelor of Business Administration from the University of Oklahoma and a Master of Business Administration from the University of North Alabama.

What is Timothy D. Thorne's net worth?: The estimated net worth of Timothy D. Thorne is at least $9.10 million as of May 13th, 2021. Mr. Thorne owns 66,325 shares of ArcBest stock worth more than $9,097,137 as of April 19th. This net worth estimate does not reflect any other investments that Mr. Thorne may own. Learn More about Timothy D. Thorne's net worth.
How do I contact Timothy D. Thorne?: The corporate mailing address for Mr. Thorne and other ArcBest executives is 8401 McClure Drive, FORT SMITH AR, 72916. ArcBest can also be reached via phone at (479) 785-6000 and via email at [email protected]. Learn More on Timothy D. Thorne's contact information.
Has Timothy D. Thorne been buying or selling shares of ArcBest?: Timothy D. Thorne has not been actively trading shares of ArcBest during the last ninety days. Most recently, Timothy D. Thorne sold 5,141 shares of the business's stock in a transaction on Thursday, May 13th. The shares were sold at an average price of $85.10, for a transaction totalling $437,499.10. Following the completion of the sale, the insider now directly owns 66,325 shares of the company's stock, valued at $5,644,257.50. Learn More on Timothy D. Thorne's trading history.
Who are ArcBest's active insiders?: ArcBest's insider roster includes Dennis Anderson, II (Insider), John Beasley (CFO), David Cobb (CFO), Lawrence Ellison (CTO), Erin Gattis (Insider), Stephen Gorman (Director), Michael Hogan (Director), James Ingram (COO), Michael Johns (VP), Daniel Loe (Insider), Kathleen McElligott (Director), Judy McReynolds (CEO), Michael Newcity (SVP), Craig Philip (Director), Seth Runser (Insider), Steven Spinner (Director), Janice Stipp (Director), and Timothy Thorne (Insider). Learn More on ArcBest's active insiders.
Are insiders buying or selling shares of ArcBest?: In the last year, ArcBest insiders bought shares 1 times. They purchased a total of 1,000 shares worth more than $104,980.00. In the last year, insiders at the transportation company sold shares 10 times. They sold a total of 57,312 shares worth more than $6,476,864.72. The most recent insider tranaction occured on March, 1st when insider Erin K Gattis sold 2,000 shares worth more than $283,160.00. Insiders at ArcBest own 1.7% of the company. Learn More about insider trades at ArcBest.
Information on this page was last updated on 3/1/2024.

Timothy D. Thorne Insider Trading History at ArcBest

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/13/2021	Sell	5,141	$85.10	$437,499.10	66,325
5/11/2021	Sell	11,064	$86.22	$953,938.08	71,466

Timothy D. Thorne Buying and Selling Activity at ArcBest

ArcBest Company Overview

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas.

Today's Range

Now: $137.16

$136.36

$140.03

50 Day Range

MA: $140.66

$125.23

$151.75

2 Week Range

Now: $137.16

$82.18

$153.60

Volume

155,762 shs

Average Volume

301,924 shs

Market Capitalization

$3.22 billion

P/E Ratio

17.34

Dividend Yield

0.34%

Beta

1.49

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