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.
Arkansas Best
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.
