Tagged: abf freight

ArcBest Increases Dividend; ABF Freight Raises Rates

by Arkansas Business Staff 10/24/2014 3:46 pm

The board of directors of ArcBest Corp. of Fort Smith says the company is increasing its quarterly cash dividend from 3 cents per share to 6 cents per share.

Roy Slagle Retires as CEO of ABF Freight; Tim Thorne to Replace

by Marty Cook 10/16/2014 11:07 am

Roy Slagle retired as CEO and president of ABF Freight System Inc. on Wednesday after 37 years. ABF Freight is the largest subsidiary of ArcBest Corp. of Fort Smith. ArcBest announced Thursday that Tim Thorne would replace Slagle as ABF Freight president.

Trucking Firms Raise Pay To Keep Moving

by Marty Cook 8/11/2014 12:00 am

Listen to any Arkansas trucking company executive — with the possible exception of unionized ABF Freight — and you will hear lamentations about driver shortages in the industry. Short of cultural change to repopularize the job, executives know they have to pay more to attract drivers and work harder to keep them. The trend doesn’t look like it is going to get any better anytime soon.

Location, Location, Location (Editorial)

by Arkansas Business Editors 6/9/2014 12:00 am

For the Teamsters and for North Little Rock, there is no bright side To ABF Frieght considering a move to Memphis. For the state of Arkansas, the only hope is to persuade ABF that the west side of the intersection between I-40 and the Mississippi River would be as good as the east side.

Teamsters Fear ABF Freight’s Plans to Move

by Marty Cook 6/9/2014 12:00 am

Tim Nichols, the head of Local 878, has 3,000 union members who work for 18 companies throughout the state. ArcBest Corp. of Fort Smith is leaning toward moving ABF Freight, its largest subsidiary, to Memphis, which would result in a major reduction of its operations in North Little Rock.

Arkansas Tells ABF Freight: Think About West Memphis for Terminal Move

by Marty Cook 6/3/2014 10:31 am

Arkansas Gov. Mike Beebe told union representatives he would not support cash incentives for ArcBest Corp.'s new Fort Smith headquarters after subsidiary ABF Freight said it is considering moving its North Little Rock distribution center to Memphis.