ABF Consolidation: Change of Operations

April 28, 2009: ABF is planning to close road boards in Erie, Pa, Cape Girardeau, Mo, Springfield, Ill, Jackson, Tenn, Pecos, Texas and Fletcher, NC, and open two new ones in Knoxville and Nashville Tennessee, in a change of operations designed to consolidate operations due to reduced freight volume.

The proposed change of operations, which you can see here, will come for the approval of a union panel on May 13 in Las Vegas. The proposal involves a net loss of 127 jobs.

While ABF lost more money than expected in the first quarter, the company is still healthy and looking to acquire some other carriers. Speculation continues that they may be looking to buy some or all of YRC’s regional carriers.

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