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  1. #1
    I Am Rocking Now

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    Default Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    FORT SMITH, Ark., July 21 /PRNewswire-FirstCall/ -- Arkansas Best Corporation (Nasdaq: ABFS) today announced a second quarter 2010 net loss of $7.4 million, or $0.30 per share, compared to a net loss of $15.4 million, or $0.62 per share, in the second quarter of 2009.

    http://www.redorbit.com/news/busines..._2010_results/

  2. #2
    Taking A Stand!!!

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    I was hoping to see even just the smallest of profit for this quarter but I guess this is something positive.

  3. #3
    Taking A Stand!!!

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    Just got done listening to the conference call. They were talking about making some changes in the west in the future. Is this the COO we keep hearing about that will eventually take place? Does anyone know exactly what that will involve? Docker, I know you and I have talked about this COO before but wasn't sure if that is what they were referring to in the call.

  4. #4
    I Am Rocking Now

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    They're going to make a solid "11 western" presence with the purchase of Reddaway.
    They're just biding their time, letting YRC twist in the wind, then when dane fortune shines upon them,
    they pounce like a cat!!!!
    ********This is all done in my best C.M. Burns imitation*********

  5. #5
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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    Quote Originally Posted by laidoffabfwife View Post
    Just got done listening to the conference call. They were talking about making some changes in the west in the future. Is this the COO we keep hearing about that will eventually take place? Does anyone know exactly what that will involve? Docker, I know you and I have talked about this COO before but wasn't sure if that is what they were referring to in the call.


    I didn't get to listen to the conference call yet but if they were talking about changes in the west,that would be the 4.0 change they mentioned years ago.All that anyone can do now is assume what all it will involve but I like assuming... I think that it's pretty safe to assume that they will make a big distribution center that would handle the west and the two day lane, since they mentioned that before.I just can't figure why it's taken so long.

  6. #6
    Getting In The Groove Now.

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    Quote Originally Posted by Docker View Post
    I didn't get to listen to the conference call yet but if they were talking about changes in the west,that would be the 4.0 change they mentioned years ago.All that anyone can do now is assume what all it will involve but I like assuming... I think that it's pretty safe to assume that they will make a big distribution center that would handle the west and the two day lane, since they mentioned that before.I just can't figure why it's taken so long.
    I was told that the COO for the west was put on hold because of the startup costs. They will have to move at least 1 relay terminal (ontario) for this to work. Several spots have been looked at. There was talk of making Portland a break bulk, they have space they are not using and I think that has already been worked out with the union. Not sure that is what their plans are. I guess we will all know when it happens and the changes it will bring.

  7. #7
    Getting In The Groove Now.

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    Quote Originally Posted by Pullin3 View Post
    They're going to make a solid "11 western" presence with the purchase of Reddaway.
    They're just biding their time, letting YRC twist in the wind, then when dane fortune shines upon them,
    they pounce like a cat!!!!
    ********This is all done in my best C.M. Burns imitation*********
    Pullin, wouldn't that work out great for you guys at Reddaway. Sad part is out of the 11 western to many are nons

  8. #8
    Taking A Stand!!!

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    Did anyone hear Judy say to a banker in the conference call that ABF has not had to increase their headcount with their freight increases? A banker asked her if they were at the point of needing to call back people because of their increase in freight and she said no, that was the good thing about it. I'm sitting here thinking they just called back several guys here in Albq. a couple of weeks ago and have seen several drivers post on here that Dallas and Chicago have called back guys and I have seen on the ABF website where they are hiring in certain areas!!

  9. #9
    Getting In The Groove Now.

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    Quote Originally Posted by laidoffabfwife View Post
    Did anyone hear Judy say to a banker in the conference call that ABF has not had to increase their headcount with their freight increases? A banker asked her if they were at the point of needing to call back people because of their increase in freight and she said no, that was the good thing about it. I'm sitting here thinking they just called back several guys here in Albq. a couple of weeks ago and have seen several drivers post on here that Dallas and Chicago have called back guys and I have seen on the ABF website where they are hiring in certain areas!!
    Could it be that she was taliking about new hires?

  10. #10
    Taking A Stand!!!

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    Default Re: Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

    I wondered about that but the way the banker asked the question and the way she answered didn't sound that way.

 

 

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