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ABF
Freight System, Inc Dramatic
growth over seven decades has characterized ABF® Freight System,
Inc.’s, transformation from a small local carrier into one of the
nation’s largest motor carriers. Today, one of the trucking industry leaders, we operated as OK transfer in 1923 in and around Fort Smith, Arkansas. By the time the “grandfather clause” of the landmark ICC Act of 1935 went into effect, the company had acquired and was operating as Arkansas Motor Freight, running routes to and from Fayetteville and Texarkana, Arkansas, and Kansas City and St. Louis, Missouri.
In
1951, after nine more acquisitions, Robert A. Young Jr., a Fort Smith
attorney and businessman, purchased Arkansas Motor Freight. The more
than 20 acquisitions that followed illustrated the vision he instilled
in the company. Every acquisition turned into a profitable operation
within a year after it merged with ABF. Following
the purchase of Best Motor freight in 1957, the company’s name was
changed to Arkansas-Best freight System, Inc., the name operated under
until the official name change to ABF Freight System, Inc. in 1980. It
was in 1966 that the principals of ABF organized Arkansas Best
Corporation with ABF becoming its largest subsidiary. The
subsidiaries of ABC have included banking, computer services,
furniture manufacturing, specialized and truckload carriers, as well
as warehousing and truck tire recapping. ABF
became a nationwide carrier in the seventies, with the acquisition of
authority in New England, the Southeast, a portion of the Great Lakes
region in the early part of the decade, and with a major acquisition
of authority on the West Coast and in several western states in 1978.
The acquisition of Navajo Freight Line that year lifted the company
from 25th to 9th in size among the nation’s
top ten regulated interstate motor freight carriers. Two
years after the Motor Carrier Act of 1980 brought deregulation to the
trucking industry, ABF further improved its national service with the
acquisition of East Texas Motor Freight, opening new operations and
substantially increasing market size in several states. In 1995, as a
result of Arkansas Best Corporation’s purchase of World Way
Corporation, ABF consolidated Carolina Freight Carriers Corporation
and Red Arrow Freight Lines into its operations. As a result, ABF
substantially increased its ability to compete in the regional markets
while retaining its status as one of the nation’s four largest
national carriers. Through
more than seven decades of operation, ABF has continued to expand its
services and coverage. Today, the company serves all 50 states in the
U.S., Puerto Rico and the U.S. Virgin Islands, Guam, and nine
provinces from coast-to-coast in Canada. In 1992, the company
developed international services on a worldwide basis through
cooperation with intermodal partners. Today,
ABF’s international operation offers service to 230 ports in more
than 130 countries. Also in 1992, an alliance was formed with one of
Mexico’s largest LTL specialists to provide single-bill coverage to
that country. In 1993, ABF embarked upon a customized setup and
delivery service never before available in the industry.
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©Copyright
1999, Teamsters Local Union 707
All Rights Reserved |