January 29, 2009: US trucking company Arkansas Best Corp (ABFS.O) swung to a surprise fourth-quarter loss and said it slashed about 1,100 jobs in the period as the US recession brought "unprecedented weakness" to its business, pushing down both freight volumes and prices.
Click here to read more at Reuters.Teamster leaders and activists prepared to Get Out the Vote, elected new TDU leadership, and set our organization’s goals and strategy at the TDU Convention, October 1-3 in Chicago.
Today, UPS announced third quarter profits of $2.3 billion. The company has made a staggering $7.4 billion in profit after taxes in the first nine months this year, and is headed toward a record $10 billion in profits for the year.
