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[19 Apr 2011 | 2 Comments | 5,336 views]
ABF decision may not be out until July

Fort Smith-based Arkansas Best Corp. (Nasdaq: ABFS) may not learn if it was successful in its appeal in a case against the International Brotherhood of Teamsters.
Arkansas Best — the parent company of less-than-truckload carrier ABF Freight System — filed suit in federal court last year against the Teamsters. Arkansas Best alleged the Teamsters worked out concessions with a competitor, YRC Worldwide (Nasdaq: YRCW), that put ABF at an unfair disadvantage in the market. Arkansas Best has asked for damages of $700 million. Drivers for both ABF and YRC are members …

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[17 Apr 2011 | No Comment | 1,104 views]
Week in Review — April 11-17

It was a busy week, for sure and certain, and we had an anniversary, too.
Yes, First Arkansas News turned one-year-old on April 16. What’s next for us? There are a lot of things in the work and we’ll announce them as they pan out. Stay tuned, and thanks to everyone who has made this site a regular stop.
Of course, we know full well that some folks don’t make it by here as much as they want. Life gets busy, after all, and that’s just how it goes. So, we’ve made …

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[12 Apr 2011 | 8 Comments | 7,427 views]
ABF decision pending

Fort Smith-based Arkansas Best Corp (NasdaqGS:ABFS) appealed the dismissal of its lawsuit against the International Brotherhood of Teamsters and had its day in court this morning.
The company is still waiting on a ruling, said spokesman David Humphrey, adding ABF officials aren’t sure when the panel of judges who heard the appeal will come to a decision on the case.
Arkansas Best is the parent company of ABF Freight System, a less-than-truckload carrier employing about 7,000 union drivers. The company filed suit against the Teamsters because of some concessions the union allowed …