abf News Updates

Business

Arkansas Best Swings to 4Q Profit

Arkansas Best Corp. said its fourth-quarter net income improved on stronger less-than-trucking unit performance.

January 27, 2012
Business

ABF Freight System CEO Kemp to Retire

ABF Freight System President and CEO Wesley Kemp will retire at the end of the year and be succeeded by Roy Slagle, ABF’s senior vice president of sales and marketing, the company said Wednesday.

September 21, 2011
Business

Arkansas Best Swings to 2Q Profit

Arkansas Best Corp. Tuesday reported a second-quarter profit compared with a loss a year ago on stronger freight tonnage and pricing.

August 2, 2011
Business

Court Backs ABF in Reversing Appeal Dismissal

A federal appeals court Wednesday reversed a lower court’s dismissal of ABF Freight System’s suit against YRC Worldwide and the Teamsters union, sending the case back to district court for “further proceedings.â€

July 7, 2011
Business

ABF Freight Sets 6.9% Rate Increase

Less-than-truckload carrier ABF Freight System said Wednesday it will raise its rates by about 6.9%, starting July 25.

July 6, 2011
Business

Arkansas Best’s 1Q Loss Narrows

Arkansas Best Corp. said Monday its first-quarter loss was about half that of a year ago, citing higher tonnage and an improving freight environment.

April 25, 2011
Business

ABF’s Regional Network Adds Western Reach

ABF Freight System said it is expanding service to the western United States to provide increased shipment velocity to 95% of lanes between major markets in the West.

March 8, 2011
Business

Arkansas Best’s 4Q Loss Narrows

Arkansas Best Corp. said Thursday its fourth-quarter loss was $3.1 million, or 12 cents a share, compared with a loss of $88.7 million, or $3.54 per share, a year earlier.

February 3, 2011
Business

ABF Files Appeal on YRC-Teamsters Pact

ABF Freight System has appealed a judge’s ruling dismissing its suit against the Teamsters union and competing less-than-truckload carrier YRC Worldwide over a labor agreement reached last year between YRC and the union.

January 19, 2011
Business

Judge Tosses ABF Suit Against YRC, Teamsters

An Arkansas judge has dismissed a lawsuit by ABF Freight System against rival less-than-truckload carrier YRC Worldwide that had sought to invalidate a labor agreement between YRC and the Teamsters union.

December 17, 2010