Thursday, August 02, 2012

ABF Freight System, Inc. Disagrees With Federal District Court's Ruling

ABF Freight System, Inc., one of the nation's largest less-than-truckload carriers, on Wednesday said it disagrees with, and is disappointed by, today's District Court ruling dismissing its lawsuit against the International Brotherhood of Teamsters and other parties for violations of the National Master Freight Agreement.

On August 1, 2012, Judge Susan Webber Wright of the U.S. District Court for the Western District of Arkansas entered an order dismissing the case brought by Arkansas Best Corporation's (Nasdaq: ABFS) largest subsidiary, ABF, without prejudice.  This case was originally filed on November 1, 2010, against the IBT and other parties including several YRC Worldwide subsidiaries for violations of the collective bargaining agreement covering most unionized trucking employees in the country.  Previous to today's ruling, Judge Wright had dismissed the case but that dismissal was later reversed by the Eighth Circuit Court of Appeals.  ABF is studying the ruling and evaluating its options which include, among other avenues, taking a second appeal to the Eighth Circuit or refiling the case in the District Court.

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