by - October 30, 2013 6:12 pm
A labor agreement between Arkansas Best Corp. and the International Brotherhood of Teamsters has been fully ratified, with savings from wage and benefit reductions possibly helping the company to avoid…
by - September 19, 2013 4:12 pm
Survival attributed to the work of good people, the rewards of good risks and the whims of good fortune was the theme that emerged during the Thursday event (Sept. 19)…
by - August 12, 2013 2:34 pm
Fort Smith-based Arkansas Best Corp. is likely to end 2013 in positive income territory, but a delay in implementation of a new labor contract has caused several analysts who cover…
by - August 9, 2013 6:48 am
Second quarter net income of $4.878 million is a welcome sign for officials at Fort Smith-based Arkansas Best Corp., but was less that what Wall Street was expecting. Per share…
by - July 1, 2013 8:00 am
Shares of Fort Smith-based Arkansas Best Corp. rose almost 15% Friday (June 28), with one transportation industry analyst predicting the share price will continue to rise now that the company…
by - June 27, 2013 9:41 pm
Union members employed by ABF Freight System have approved a new five-year contract that will see a wage reduction for drivers through July 2014 and changes in work schedules. Well,…
by - May 20, 2013 8:09 pm
About 160 Teamster local union reps on Monday (May 20) unanimously endorsed a tentative labor contract between the union and ABF Freight System that includes an immediate 7% wage reduction…
by - May 20, 2013 2:24 pm
It’s certainly not a popular move with potentially hundreds of employees in the Fort Smith region, but officials with Rheem and Arkansas Best Corp. recently said they will close their…
by - May 9, 2013 12:31 am
The company that is a target of a $750 million lawsuit filed by Fort Smith-based Arkansas Best Corp. recently made an attempt to buy Arkansas Best’s largest subsidiary, ABF Freight…
by - May 6, 2013 5:22 pm
A recently announced labor contract between ABF Freight System and the Teamsters could improve the trucking company’s bottom line as early as the third quarter if it is ratified by…
by - April 30, 2013 7:04 am
The tough times continue for Arkansas Best Corp., which reported early Tuesday (April 30) a first quarter 2013 loss of $13.4 million. The loss of 52 cents per share was…
by - April 24, 2013 3:35 pm
Fort Smith-based ABF Freight System has earned the 2013 National LTL Carrier of the Year Award from the National Shippers Strategic Transportation Council (NASSTRAC). “This prestigious award recognizes all ABF…
by - April 2, 2013 9:42 pm
An analyst watching contract negotiations between the Teamsters and ABF Freight System says its a good sign negotiations were recently extended, and adds that ABF needs wage concessions and work…
by - March 2, 2013 5:09 pm
After a slow start and some less than kind comments from both parties about tactics, progress is being reported on contract negotiations between the International Brotherhood of Teamsters and Arkansas…
by - February 25, 2013 4:35 pm
For the fourth consecutive year, ABF Freight System is listed among Training magazine’s Training Top 125, which ranks companies’ excellence in employer-sponsored training and development programs. “ABF has a long-standing…
by - January 30, 2013 7:59 am
Hurricane Sandy and a continued weak freight environment were two conspirators that created a 2012 income loss of $7.7 million at Arkansas Best Corp., a swing of almost $14 million…
by - January 18, 2013 8:03 am
Fort Smith-based ABF Freight System continues to expand its global reach with ocean transport services now reaching Argentina, Brazil, Chile, Colombia, Peru and Uruguay. “ABF Global is providing a single…
by - December 19, 2012 8:53 pm
That didn’t take long. Negotiations between ABF Freight System and the International Brotherhood of Teamsters hit a rough patch before the first formal day of talks began on Tuesday (Dec….
by - November 30, 2012 1:56 pm
Fort Smith-based ABF Freight System announced Friday that its global shipping services now reach through all of Europe and Turkey. The company’s “Global Supply Chain Services” (ABF GSCS) uses ocean…
by - November 30, 2012 12:38 pm
Fort Smith-based ABF Freight System has earned the 2012 Excellence in Claims and Loss Prevention Award from the American Trucking Associations’ Supply Chain Security and Loss Prevention Council, thus becoming…
