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- ABF SEEKS IMMEDIATE RESOLUTION, FINANCIAL DAMAGES FOR VIOLATIONS OF NATIONAL COLLECTIVE BARGAINING AGREEMENT IN AN AMOUNT ESTIMATED TO BE APPROXIMATELY $750 MILLION
- ABF DEMANDS LEVEL PLAYING FIELD CONSISTENT WITH INTENT AND PURPOSE OF NMFA
FT. SMITH, Ark., Nov. 1, 2010 /PRNewswire/ -- ABF Freight System, Inc. (ABF), the largest subsidiary of Arkansas Best Corporation (Nasdaq:ABFS - News) and a leading less-than-truckload transportation company, has filed legal actions today against the International Brotherhood of Teamsters (IBT) and other parties including several YRC Worldwide subsidiaries (Nasdaq:YRCW - News) for violation of the National Master Freight Agreement (NMFA), the collective bargaining agreement covering most unionized trucking employees in the country.
ABF today filed a grievance under the NMFA and also an accompanying lawsuit, naming as parties the International Brotherhood of Teamsters; the Teamsters National Freight Industry Negotiating Committee; Teamsters Locals 373 (Fort Smith, AR) and 878 (Little Rock, AR), individually and as representatives of a class of all Teamsters Locals that are parties to the NMFA; YRC Inc.; New Penn Motor Express Inc.; USF Holland Inc.; and Trucking Management, Inc...................
ABF Freight System, Inc. Files Legal Actions Against Teamsters, YRC Companies - Yahoo! Finance
- ABF DEMANDS LEVEL PLAYING FIELD CONSISTENT WITH INTENT AND PURPOSE OF NMFA
FT. SMITH, Ark., Nov. 1, 2010 /PRNewswire/ -- ABF Freight System, Inc. (ABF), the largest subsidiary of Arkansas Best Corporation (Nasdaq:ABFS - News) and a leading less-than-truckload transportation company, has filed legal actions today against the International Brotherhood of Teamsters (IBT) and other parties including several YRC Worldwide subsidiaries (Nasdaq:YRCW - News) for violation of the National Master Freight Agreement (NMFA), the collective bargaining agreement covering most unionized trucking employees in the country.
ABF today filed a grievance under the NMFA and also an accompanying lawsuit, naming as parties the International Brotherhood of Teamsters; the Teamsters National Freight Industry Negotiating Committee; Teamsters Locals 373 (Fort Smith, AR) and 878 (Little Rock, AR), individually and as representatives of a class of all Teamsters Locals that are parties to the NMFA; YRC Inc.; New Penn Motor Express Inc.; USF Holland Inc.; and Trucking Management, Inc...................
ABF Freight System, Inc. Files Legal Actions Against Teamsters, YRC Companies - Yahoo! Finance