After five years of economic growth, less-than-truckload carriers are making progress toward rebuilding their profitability, a review of LTL carrier operating ratios shows.
ABF Freight System
ABF Freight System
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
12 May 2014
April showered less-than-truckload carriers with freight, as shippers responded to a surge in consumer spending in March and increased industrial demand.
17 Mar 2014
ABF Freight will raise its general less-than-truckload and charges on average 5.4 percent, starting March 24.
03 Feb 2014
ABF Freight System, the less-than-truckload subsidiary of Arkansas Best, returned to profitability in 2013 and expects, with sister company Panther Expedited, to meet stronger demand in 2014.
13 Jan 2014
UPS Freight Teamsters approved a new five-year contract last weekend that raises wages but gives the LTL carrier some flexibility to subcontract line-haul work.
12 Nov 2013
It took months of bargaining-table wrangling and two rounds of voting, but ABF Freight System finally has its own national master freight agreement. The less-than-truckload carrier and the Teamsters sealed the deal on a five-year agreement in late October when a lone holdout region rejected a strike authorization.
11 Nov 2013
Arkansas Best today reported net income of $14.0 million in the third quarter of 2013, up 114.5 percent year-over-year from $6.5 million...
31 Oct 2013
After months of difficult negotiations over regional supplements, ABF Freight Systems has a new five-year contract with the Teamsters and a 7 percent wage cut, effective Nov. 3.
09 Oct 2013
The International Brotherhood of Teamsters has mailed ballots to authorize a strike against ABF Freight System by its employees covered under the Central Region Local Cartage supplement.
13 Sep 2013
A federal court in late August left ABF Freight System with a clear choice: the less-than-truckload carrier could drop its struggle to wring $750 million in damages from the Teamsters union and YRC Worldwide, or try to appeal again after having its lawsuit challenging three rounds of union concessions at its competitor dismissed three times in as many years.
04 Sep 2013
ABF Freight System’s $750 million lawsuit against the International Brotherhood of Teamsters and YRC Worldwide has again been rejected by a federal court.