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

Honoring Our Veterans

Thank you to veterans and their families for their service and their sacrifices. 

Hoffa Ratifies Another Weak Contract at UPS Freight

Another weak UPS Freight contract has been ratified after Hoffa threw away our union’s bargaining leverage and left members defenseless against company threats.

View More News Posts