ABF Fights Concessions Given by Union to YRC
ABF Freight System launched a two-pronged offensive against Teamsters union labor concessions for YRC Worldwide, saying the breaks for YRC violate the terms of the National Master Freight Agreement and unfairly disadvantage ABF to the tune of $750 million.
November 8, 2010Arkansas Best’s 3Q Loss Narrows
Arkansas Best Corp. Wednesday said its third-quarter loss was narrower than a year ago as tonnage improved at its ABF Freight System less-than-truckload unit.
November 3, 2010Arkansas Best Cuts 2Q Loss in Half
Arkansas Best Corp. said Wednesday its second-quarter loss was half that of a year ago, as revenue and tonnage improved.
July 21, 2010Teamsters Reject 15% Wage Cut at ABF
The Teamsters union’s rank-and-file membership has rejected a proposed 15% wage cut at ABF Freight System, the two sides said.
May 25, 2010ABF, Union Reach Agreement on 15% Reduction in Wages
Arkansas Best Corp.’s ABF Freight System and the Teamsters union said they have reached agreement on a 15% wage reduction to help the less-than-truckload carrier cope with losses triggered by the recession.
April 26, 2010Arkansas Best’s First-Quarter Loss Widens
Arkansas Best Corp. said Friday it lost $21.4 million, or 85 cents a share, in the first quarter, compared with a loss of $18.2 million, or 73 cents, a year ago.
April 23, 2010ABF, Teamsters Agree to 15% Wage Cut
ABF Freight System and the Teamsters union have reached agreement on a 15% wage reduction to help the less-than-truckload carrier cope with losses triggered by the recession.
April 20, 2010ABF, Teamsters Reach Tentative Agreement
ABF Freight System and the Teamsters union said they have reached a tentative agreement to modify the labor agreement for the company’s employees covered under the National Master Freight Agreement.
April 19, 2010