Arkansas Best

Arkansas Best

Arkansas Best is an American freight transportation company that offers full-service transportation and logistics solutions as well as supply chain solutions. Founded in 1923 with headquarters in Fort Smith, Arkansas, the company reported 2013 revenue of $2.3 billion, up 11.3 percent year-over-year. The company also reported net income of $15.8 million, up from previous year’s net loss of $7.7 million.

Arkansas Best and its subsidiaries — ABF Freight, ABF Logistics, Panther Premium Logistics, FleetNet America, and ArcBest Technologies — employ 11,000 individuals nationwide and serve approximately 35,000 national customers. The freight carrier offers both national and regional freight services through operation of 250 facilities nationwide and a fleet of 3,700 tractors and 20,000 trailers.

Stronger shipping demand, higher truck rates and savings from a new five-year labor agreement combined to deliver a solid increase in revenue and return to profit in 2013 for Arkansas Best and its less-than-truckload subsidiary ABF Freight System, the sixth-largest LTL trucking company. The company turned a $19.8 million 2012 loss into a $10 million profit last year.

10 Dec 2014
Labor organizations and retiree advocates are attacking a proposed amendment to the $1 trillion omnibus spending bill that would let troubled multiemployer pension plans cut benefits to vested retirees.
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.