One of the bigger stories this week in the national trucking industry centered on the surprising poor first quarter earnings report released Monday (April 25) by Fort Smith-based Arkansas Best Corp.
The lackluster performance, however, may just be a “one-off,” according to Jack Waldo, a transportation industry analyst with Little Rock-based Stephens Inc. He has not pulled back from his forecast that the company will return to profitability in 2011 after 10 consecutive quarters of income losses.
More.....ABF faces
The lackluster performance, however, may just be a “one-off,” according to Jack Waldo, a transportation industry analyst with Little Rock-based Stephens Inc. He has not pulled back from his forecast that the company will return to profitability in 2011 after 10 consecutive quarters of income losses.
More.....ABF faces