ABF Freight System and the Teamsters union said they have reached a tentative five-year labor agreement, although no details were disclosed.
“We are very pleased to announce that the ABF and Teamster negotiating teams have reached a tentative agreement on a contract for the next five years,” ABF said in a Securities and Exchange Commission filing released late Friday.
The Teamsters said in a separate statement that no details of the agreement would be released until its local members reviewed the agreement and decided whether to endorse it.
though the end of May.
Less-than-truckload carrier ABF Freight System is the largest business unit of Arkansas Best Corp., which is ranked No. 13 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
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