Transport Topics January 09, 2015 View the original piece ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million. Smart Lines, which primarily serves the food, energy and industrial sectors, has 24 employees and generates about $18 million in annual revenue, ABF said. ABF Logistics is the third-party logistics arm of ArcBest Corp. and a sister company to less-than-truckload carrier ABF Freight. The acquisition, completed Jan....

Austin Alonzo Kansas City Business Journal January 05, 2015 View the original piece YRC Worldwide Inc. has terminated its employment agreements with CEO James Welch and CFO Jamie Pierson. However, the Overland Park-based company's top executives aren't going anywhere. According to a Securities and Exchange Commission filing late Friday, the less-than-truckload carrier (Nasdaq: YRCW) announced that the company's board approved termination of Welch and Pierson's current employment agreements to grant them a new, more competitive package in 2015. Click...