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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.
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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.
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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.
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The trucking operation, Arkansas Best, just renamed ArcBest, has reported a first quarter net loss of $2.9 million, or 11 cents per share, compared to a first quarter 2013 net loss of $13.4 million, or 52 cents per share.
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Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
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David Flaherty, who lives in Walkertown, N.C., and drives for ABF Freight System Inc., of Fort Smith, Ark., has just been named TCA’s latest Highway Angel.
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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.
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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.
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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.
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ABF Freight System has again lost a court challenge against the Teamsters Union and competitor YRC Worldwide for a second time.
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