Arkansas Best Corporation (NASDAQ: ABFS) shares are poised for a favorable risk/reward at current levels following its tentative agreement with the International Brotherhood of Teamsters.
Arkansas Best Corp. of Fort Smith has seen a 68 percent increase in its share price since reaching a tentative agreement with the Teamsters, President and CEO Judy R. McReynolds told shareholders Tuesday during the company's annual meeting.
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FORT SMITH, Ark., May 17, 2013 /PRNewswire/ -- Arkansas Best Corporation (Nasdaq: ABFS) announced today that it has adopted changes to its nonunion defined benefit pension plan ("the Plan").
It's certainly not a popular move with potentially hundreds of employees in the Fort Smith region, but officials with Rheem and Arkansas Best Corp. recently said they will close their defined benefit pension plans. In the case of Fort Smith-based ...
Arkansas Best Corp. said it will freeze its defined benefits plan for nonunion employees, as of July 1. The changes will not affect the vested pensions of retirees or former employees, and accrual of future benefits for current affected employees will ...
YRC said Thursday it had made a preliminary proposal to Arkansas Best, owners of YRC's rival trucking and logistics firm ABF Freight Inc., to buy the company. Arkansas Best's president and CEO, Judy McReynolds, talked it over with the board of ...
Arkansas Best Corp. said it will freeze its defined benefits plan for nonunion employees, as of July 1. The changes will not affect the vested pensions of retirees or former employees, and accrual of future benefits for current affected employees will ...
Transportation company Arkansas Best said its largest subsidiary, ABF Freight System Inc., reached a tentative agreement on a five-year labor contract with the Teamsters National Freight Industry Negotiating Committee, the negotiating arm of the ...
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