Friday, February 04, 2011

Arkansas Best Looking Up

Arkansas Best may have to break out the black ink in 2011 despite reporting Thursday a net loss of $32.42 million for 2010.

ABF Freight System Inc., a less-than-truckload carrier, is the largest subsidiary of Fort Smith-based Arkansas Best Corp. Both the parent company and ABF on Thursday reported annual and fourth-quarter earnings.

Although Arkansas Best also posted a net loss of $3.12 million for the quarter, the trendline is positive enough to make one analyst optimistic. Full Story.....

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