ABF to buy carriers?

April 24, 2009: Few trucking companies have the financial artillery to seek and acquire rivals as demand falls and capacity-rich customers drive down rates, but Arkansas Best is one of them.

By the end of April, the Fort Smith, Ark.-based parent of ABF Freight System, the country’s No. 2 national less-than-truckload freight carrier behind YRC Worldwide, expects to have a formal acquisition plan — which took six months and $800,000 to draw up — allowing the company to take advantage of a down market and emerge with a bigger network and more freight.

Click here to read more at The Journal of Commerce.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Teamster Resolutions for 2019

2018 saw a growing rank-and-file rebellion in labor—in the Teamsters, that rebellion is led by TDU.

UPSers Vote for Change in NY Local 804

UPS Teamsters in New York have moved from ‘Vote No’ to ‘Vote Them Out.’  The 7,100 members of Local 804 have elected a new team of reformers to lead their local union.

View More News Posts