Arkansas Best CEO Says Agreement With Teamsters Will Help 'Restore Profitability'

by Chris Bahn  on Tuesday, May. 21, 2013 10:47 am  

Approval of a new five-year contract is in the hands of Arkansas Best Freight's 7,500 union employees. Ballots will be mailed to them on June 3 and a count is expected June 28.

Arkansas Best Corp. has seen a 68 percent increase in its share price since reaching a tentative agreement with the Teamsters, President and CEO Judy R. McReynolds tells shareholders during the company's annual meeting.

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