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.
ABF Freight System
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.
03 Sep 2013
Teamster employees at ABF Freight System approved five regional supplements, but two side agreements are still on the table.
09 Aug 2013
Arkansas Best today reported net income of $4.9 million in the second quarter of 2013, down from $11.8 million in the same period last year.
31 Jul 2013
ABF Freight System and the Teamsters union extended their current contract through Aug. 31, as the less-than-truckload carrier and union work on supplemental agreements rejected last month by ABF’s Teamster employees.
24 Jul 2013
As the first quarter drew to a close, 2013 was shaping up as a year of paradoxes....