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  1. #1
    Taking A Stand!!!

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    Default Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    YES!!!!!!


    FORT SMITH, Ark., Oct. 28, 2011 /PRNewswire/ -- Arkansas Best Corporation (Nasdaq:ABFS - News) today announced third quarter 2011 net income of $12.3 million, or $0.46 per share, compared to a net loss of $0.7 million, or $0.03 per share in the third quarter of 2010.
    Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share - Yahoo! Finance

  2. #2
    Scab Hating Union Thug

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    How are those begbacks looking now Hoffa?

  3. #3
    Scab Hating Union Thug

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    ABF is a stating point for every union buster that tries to wage their weak argument that Unions bankrupt companies. Poor management bankrupts companies....Plain and simple.

  4. #4
    Taking A Stand!!!

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    Quote Originally Posted by 222lifer View Post
    ABF is a stating point for every union buster that tries to wage their weak argument that Unions bankrupt companies. Poor management bankrupts companies....Plain and simple.
    Absolutely!!

  5. #5
    Scab Hating Union Thug

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    We might also note that ABF did this remaining under the much lamented Union buster cry of "restrictive contract language that hinders a companies ability to compete" NMFA! They did it at the full rate! Full pension contribution. Full NMFA Health and Welfare! Full NMFA scale wages!

  6. #6
    Taking A Stand!!!

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    Quote Originally Posted by 222lifer View Post
    We might also note that ABF did this remaining under the much lamented Union buster cry of "restrictive contract language that hinders a companies ability to compete" NMFA! They did it at the full rate! Full pension contribution. Full NMFA Health and Welfare! Full NMFA scale wages!
    Yes, so I made sure I posted this on my FB for certain union hating relatives to see

  7. #7
    Scab Hating Union Thug

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    Quote Originally Posted by ABFwife View Post
    Yes, so I made sure I posted this on my FB for certain union hating relatives to see
    Oh Yeah!

  8. #8
    Getting In The Groove Now.

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    And our poor brothers and sisters at YRC are locked in that P.O.S. mou untill 2015!Hoffa and company should be ashamed of themselves!

  9. #9
    Banned

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    Anything is better then losing money. Good for ABF. Not to be a killjoy but the $12.3M is about a 2%-3% return. I doubt it was ABF's goal

    We attribute the tonnage decline to weakening economic conditions, our efforts to improve account pricing and more difficult comparisons from last year," said Ms. McReynolds.

    "Despite the softening in ABF's freight, our pricing levels have improved significantly from recent recessionary levels.
    ABF Freight System, Inc.®

    Third Quarter 2011

    Revenue of $466.3 million compared to $409.9 million in third quarter 2010, a per-day increase of 13.8%
    Tonnage per day decrease of 2.0% versus third quarter 2010
    ABF made more money hauling less freight. A combination of dropping predatory discounts and being the highest cost carrier on the planet. Good spin Judy

  10. #10
    I Am Rocking Now

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    Default Re: Arkansas Best Corporation Announces Third Quarter 2011 Net Income of $0.46/Share

    Quote Originally Posted by bean View Post
    Anything is better then losing money. Good for ABF. Not to be a killjoy but the $12.3M is about a 2%-3% return. I doubt it was ABF's goal


    ABF made more money hauling less freight. A combination of dropping predatory discounts and being the highest cost carrier on the planet. Good spin Judy
    Why is it Bean that it seems you always post negative about ABF..I think they did a good job showing a profit paying FULL scale as mentioned before ..It seems to me that you actually want ABF to somewhat fail to prove that you were right in saying they also should have taken the givebacks..

 

 
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