Are Concessions Funding ABF’s Exit from LTL Trucking?

On December 1, ARCBest proudly announced the $26 million acquisition of Bear Transportation Services, a logistics nonunion operation. This is in line with ARCBest management’s plan of moving from LTL to nonunion logistics companies as a primary focus and revenue source.  

The latest purchase outside of unionized trucking came just three weeks after Wolfe Research reported that “ARCB stated a new multi-year goal for half its revenue to come from its fast-growing non-LTL segments, including Panther, truck brokerage, warehousing, ABF moving, and FleetNet.”

So the concessions that ABF Teamsters gave, supposedly to help ABF thrive, are being diverted to purchasing nonunion logistics and TL companies, such as Panther and Bear Transportation.

Should the IBT demand that 100% of the money given up by Teamsters in concessions be used to upgrade and build ABF’s own business? That kind of thinking will require a change in IBT leadership. 

Get Advice Join TDU Donate

Recent News

Teamsters Rally at New York City Hall for Delivery Protection Act

Teamsters, Amazon delivery drivers, and labor allies picketed today on the steps of New York City Hall to support the Delivery Protection Act. City Councilmember Tiffany Cabán announced the bill now has supermajority support in the City Council.

Teamster History – As Told by those Who Made it Happen

The IBT has launched the Teamster History Project, which includes 27 unedited interviews with Teamsters who made it happen. It covers the years 1975-1999.  Those interviewed include several TDU leaders, participants in the Carey administration, James Hoffa, along with two Hoffa lieutenants who were expelled from the union for corruption and self-dealing.

View More News Posts