Arkansas Best disclosed earlier this morning that ABF Freight System, its largest subsidiary, provided an update on the most recent information related to ABF’s contract with the Teamsters. "ABF was notified yesterday that one of our two final remaining supplements to the ABF National Master Freight Agreement — Western Office Part 5 — was ratified by a majority of covered employees following minor, non-economic modifications to the supplement. We thank our Western Office employees for recognizing ABF’s need to lower our costs and become more competitive in the marketplace while still preserving the best-paying jobs and benefits in the industry. At this stage, 26 of 27 regional supplements have now been ratified since the national agreement was passed by a majority of our Teamster employees in June...As previously stated, ABF has presented its last, best and final offer on the Central Region Local Cartage supplement and will not re-open the national agreement under any circumstances."
- ABF Freight System