ABF Logistics, a subsidiary of transportation holding group ArcBest, expanded by acquiring truckload brokerage Smart Lines.
Tuesday September 29, 2020
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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.
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.
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Sep 10, 2020 11:00AM EDT
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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.
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...
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.
10 May 2013
Revelations this week that YRC Worldwide had considered acquiring Arkansas Best, parent of ABF Freight System, earlier this year seemed to help both companies on Wall Street.
09 May 2013
Arkansas Best rejected an offer by YRC Worldwide, its largest unionized less-than-truckload rival, to purchase either ABF Freight System or the entire company.
30 Apr 2013
Arkansas Best today reported a net loss of $13.4 million in the first quarter of 2013, improving from a net loss of $18.2 million in the first quarter of 2012.
18 Jan 2013
Freight trucking company ABF Global Supply Chain Services, a subsidiary of Arkansas Best, has added Brazil, Chile, Argentina, Colombia, Peru and Uruguay to its ocean transport network...
04 Jan 2013
From labor battles to natural disasters, 2012 was filled with risk for shippers and the companies moving and managing their cargo. Here are the stories that defined the year.
30 Nov 2012
Fort Smith, Ark.-based freight transportation company ABF Global Supply Chain Services is now serving Europe and Turkey with ocean transport...
05 Nov 2012
Arkansas Best Corporation, parent of ABF Freight System, recently reported profit in the third quarter was $6.52 million, down 46.9 percent compared with last year’s third quarter profit of $12.27 million.
06 Sep 2012
A weak economy is slowing financial recovery at ABF Freight System, the nation’s sixth-largest less-than-truckload motor carrier.
31 Aug 2012
31 Jul 2012
18 Jun 2012
Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.
30 Apr 2012
12 Apr 2012
Trucking companies hauling less-than-truckload freight should be able to hold onto the pricing power they’ve gained over shippers through 2014 at least, increasing rates and yields in 2012 and 2
30 Jan 2012
Trucking operator Arkansas Best returned to profit in 2011, reporting a $6.8 million net profit for the full year, compared with a $32.6 million loss in 2010.
11 Nov 2011
ABF Freight System is extending its move toward international business with a less-than-containerload ocean offering the carrier will combine with its U.S.
28 Oct 2011
Arkansas Best swung to a $12.3 million net profit in the third quarter from a loss a year ago despite lower freight volume at the less-than-truckload subsidiary, ABF Freight System.
03 Nov 2010
Arkansas Best narrowed its losses to $300,000 in the third quarter, with a $2.6 million operating loss at its less-than-truckload carrier ABF Freight System.
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