ABF, Teamsters Agree to Extend Contract Through the End of September
ABF Freight System said it has agreed to another extension of its existing contract with the Teamsters union while the parties continue to negotiate on two outstanding supplemental agreements to a new contract.
The two sides — which have agreed to month-long extensions of their existing contract for each of the past few months — agreed to extend their contract through Sept. 30, ABF parent company Arkansas Best Corp. said in a Securities and Exchange Commission filing.
The company and the union agreed to a contract in June covering more than 7,000 workers at less-than-truckload ABF, Arkansas Best Corp.’s largest business unit.
Since then, the Teamsters’ rank-and-file membership has approved the contract, with the exception of several supplemental agreements.
ABF and the Teamsters said Aug. 28 they had reached agreement on five of seven outstanding supplemental agreements, leaving two to be negotiated.
Arkansas Best Corp. is ranked No. 12 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.
