Journal of Commerce: ABF Hungry for Freight

May 19, 2009: The trucking industry will have to see a significant freight volume increase before beleaguered carriers return to profitability, a leading trucking executive says.

“It’s going to take about a 10 to 15 percent increase in volume to turn the industry profitable,” Arkansas Best President and CEO Robert A. Davidson said May 19 at the Wolfe Reasearch Global Transportation Conference in New York.

Click here to read the full article in the Journal of Commerce.

Get Advice Join TDU Donate

Recent News

Costco Teamsters: Vote No!

Costco Teamsters were mailed ballots on May 20th to vote on a substandard contract offer. Teamster members and the National Negotiating Committee agree: members need to get informed, talk with other Teamsters, and Vote No on this slap in the face. 

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

View More News Posts