July 29, 2016 - Industry News
The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.
Tags: Economy, UPS, ABF, YRC Worldwide, YRC Freight, Saia, UPS Freight, Universal Truckload, ArcBest Corp., Fleet Earnings, Universal Logistics Holdings
April 29, 2016 - Industry News
The parent to less-than-truckload carrier ABF Freight moved into the red in the first quarter of the year, according to its earnings report released Friday, as many other companies are also reporting weaker performances compared to a year ago
Tags: Economy, Earnings, ABF, ArcBest Corp., Fleet Earnings
February 3, 2016 - Industry News
Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.
Tags: Economy, Eaton, Meritor, Eaton Corp., ABF, Wabash National, C.H. Robinson, ArcBest Corp., Fleet Earnings
November 13, 2015 - Industry News
ABF Freight, Old Dominion Freight Line, and Roehl Transport took home honors from the American Trucking Associations' Safety, Security and Human Resources Conference in Little Rock, Ark.
Tags: Old Dominion Freight Line, Cargo Theft, ABF, Roehl Transport, Security, American Trucking Associations
October 30, 2015 - Industry News
More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.
Tags: Celadon Trucking Services, Celadon Group, ABF, YRC Worldwide, YRC Freight, Hub Group, Economy, Old Dominion Freight Line, ArcBest Corp., Fleet Earnings, LTL
August 3, 2015 - Industry News
With record second-quarter revenue, ArcBest's net income rose to $20 million, or 74 cents per diluted share, from $17.2 million, or 64 cents per diluted share a year earlier.
Tags: Economy, ABF, ArcBest Corp., Fleet Earnings, LTL
May 4, 2015 - Industry News
ArcBest Corp. on Monday announced it was back in the black during the first quarter for the first time in seven years, reporting first quarter net income of $700,000 or 3 cents per share.
Tags: Earnings, Panther, ABF, ArcBest Corp.
February 4, 2015 - Industry News
The parent company to trucking operations ABF Freight, Panther Premium Logistics and others reported profit increased 41% in the final quarter of 2014 while it nearly tripled for all of last year.
Tags: Earnings, ABF, ArcBest Corp.
January 5, 2015 - Industry News
ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.
Tags: ABF, Logistics, Mergers & Acquisitions, ArcBest Corp., 3PL
November 3, 2014 - Industry News
Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.
October 27, 2014 - Industry News
The mainly less-than-truckload carrier ABF Freight has announced an increase in general rates and charges effective Nov. 3.
Tags: LTL, ABF, Freight Rates
October 16, 2014 - Industry News
The president and CEO of the trucking company ABF Freight System, Roy M. Slagle, retired on Wednesday following 37 years of service.
Tags: People, ABF, ArcBest Corp., LTL
September 4, 2014 - Industry News
The less-than-truckload carrier ABF Freight saw its August billed revenue per day increase by approximately 10% above last year's level, according to a disclosure it filed with the Securities and Exchange Commission.
Tags: Freight, Tonnage, ABF, Saia
July 31, 2014 - Industry News
Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.
Tags: Old Dominion Freight Line, Earnings, Panther, ABF, ArcBest Corp.
July 28, 2014 - Industry News
While there has been no official word from less-than-truckload carrier ABF Freight or its parent ArcBest Corp., it appears the company has plans for a move and expansion of one of its primary facilities.
Tags: Tennessee, Arkansas, ABF, ArcBest Corp., LTL
May 30, 2014 - Industry News
ArcBest is under contract to purchase 40 acres of land at Chaffee Crossing in Fort Smith, Ark., for construction of a new corporate headquarters. The company said it has exceeded the capacity at its current Fort Smith general office.
Tags: ABF, ArcBest Corp.
March 5, 2014 - Industry News
Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
Tags: ABF, Freight Rates, FedEx
January 30, 2014 - Industry News
The parent company to less-than-truckload carrier ABF Freight System and ground expedite fleet Panther Expedited Services reported a profit in the final quarter of 2013 after reporting a loss a year earlier.
Tags: Earnings, Arkansas Best, Panther, ABF
December 5, 2013 - Industry News
Less-than-truckload carrier ABF Freight System is cutting its number of terminals from 277 to 247. In a “change of operations” filing with the Securities and Exchange Commission, ABF parent company Arkansas Best said it had already eliminated eight facilities in the second half of this year, with the rest still yet to close.
Tags: Arkansas Best, Teamsters, ABF, LTL
November 12, 2013 - Industry News
Two of the industry's large, unionized less-than-truckload carriers announced their third quarter results Tuesday, with the non-asset-based Panther Expedited helping Arkansas Best and problems at YRC Freight weighing down YRC Worldwide.
Tags: LTL, Arkansas Best, Teamsters, ABF, YRC Worldwide, YRC Freight, Fleet Financials
October 30, 2013 - Industry News
UPDATED--The Teamsters ABF Master Negotiating Committee voted Wednesday that in light of the overwhelming vote against authorizing a strike against ABF Freight, the company's last proposal for the Central Region Local Cartage Agreement would be accepted. As a result, the ABF National Master Freight Agreement is now fully ratified.
Tags: Drivers, Teamsters, ABF
In a vote of 70% to 30%, a majority of Teamsters Union membership covered by the Central Region Local Cartage Supplement has chosen not to authorize a strike at less-than-truckload carrier ABF Freight.
October 8, 2013 - Industry News
Less-than-truckload carrier ABF has been notified by the Teamsters Union that ballots to authorize a strike are being mailed on Tuesday to nearly 1,800 employees covered by the Central Region Local Cartage supplement.
Tags: LTL, Teamsters, ABF
September 10, 2013 - Industry News
ABF Freight Systems driver and America’s Road Team Captain Anthony Spero has been named July Trucker Buddy of the Month following his nomination by Sara Dixon and Emily Schimelman, teachers at Hamden Hal County Day School, in Hamden, Conn.
Tags: Trucker Buddy, ABF, Drivers, Image
September 3, 2013 - Industry News
ABF Freight System has again lost a court challenge against the Teamsters Union and competitor YRC Worldwide for a second time.
Tags: Arkansas Best, Teamsters, ABF, YRC Worldwide
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