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17-565: ABF may refer to: Organizations [ edit ] ABF Freight System , an American company Africa Badminton Federation American Bar Foundation Arbetarnas bildningsförbund , Swedish for "Workers' Educational Association" Argentina Boxing Federation Army Benevolent Fund Artists' Benevolent Fund Associated British Foods Australian Baseball Federation Australian Border Force Anti Bot Federation, an internet organization dedicated to promoting ethical use of bots and

34-464: A group of G.I. senior management and LTL carrier Estes Express Lines and was fully acquired by Estes in 2005. Further acquisitions by ABF in the 2010s included Albert Moving in 2011 and Panther Expedited for US$ 180 million in 2012. In 2013, it created ABF Logistics. In 2014, Arkansas Best was renamed ArcBest Corporation . This was followed in 2015 by the acquisition of Smart Lines Transportation Group and Bear Transportation Services and in 2016 by

51-511: A single platform. As of June 2021 , ArcBest and its subsidiaries operated over 240 facilities in North America. The company ranked fifteenth on Transport Topics Top 100 For-Hire carriers list for 2020 with over 4,000 company-owned tractors, over 22,000 trailers, and 83 straight trucks in its fleet. The company reports its revenue in two segments: asset-based (which consists of ABF Freight) and asset-light (all other operations). ABF Freight

68-546: Is a unionized truckload and LTL freight company based in Fort Smith and is ArcBest's largest subsidiary representing about US$ 2 billion of ArcBest's approximately US$ 3 billion revenue in 2019. U-Pack is a household goods moving brand of ABF created in 1997. Since 2014, it has operated as a part of ABF Moving which itself is part of ABF Logistics. Panther is a non-asset carrier based in Seville, Ohio , founded in 1992 which

85-686: Is different from Wikidata All article disambiguation pages All disambiguation pages ABF Freight System The company was founded Fort Smith, Arkansas in 1923 as OK Transfer , the name it used until 1935 when it acquired Arkansas Motor Freight (AMF) and took that company's name. Until 1935, it had operated only within Arkansas but its acquisition of Motor Express made it an interstate carrier. Former lawyer Robert A. Young, Jr. purchased Arkansas Motor Freight Lines, Inc. in 1951. The company name changed again when, after Young acquired Dallas, Texas -based Best Motor Freight in 1956, he merged

102-501: The NYSE as "ABZ" in 1972. At the time, in addition to Arkansas-Best Freight System, it also owned Riverside Furniture Corporation, the National Bank of Commerce of Dallas, Texas, Data-Tronic Corporation, and Arkansas Bandag Corporation. In 1978, the company acquired Navajo Freight Lines. In 1988, the company was the subject of a hostile takeover which resulted in a leveraged buyout to take

119-541: The US for 2020 according to industry journal Transport Topics. The company was formed in 1966 as Arkansas Best Corporation by Robert A. Young, owner of LTL carrier Arkansas-Best Freight System (now ABF Freight System ), to be that carrier's holding company as a way to facilitate diversification. Young remained the company's chairman until his death in 1973. In the 1960s, the company acquired Healzer Cartage Company, Delta Motor Line and others. Arkansas Best Corp. went public on

136-522: The acquisition of Logistics & Distribution Services. Also in 2016, the company reorganized rebranding many of its services under the name ArcBest. In 2021, ArcBest acquired MoLo Solutions, a truckload brokerage company based in Chicago . The deal was priced at US$ 235 million upfront and up to an additional US$ 215 million if MoLo hits certain revenue benchmarks by 2025. ArcBest intended to merge MoLo's operations and its existing brokerage operations onto

153-473: The company private. It went public again, this time on the Nasdaq , in 1992. ABF acquired financially troubled Worldway Corp. and its subsidiaries Carolina Freight Carriers Corp., G.I. Trucking Co., Red Arrow Freight Lines Inc., Cardinal Freight Carriers Inc., Innovative Logistics Inc., and CaroTrans International Inc. in 1995 for US$ 72.2 million . G.I. Trucking was subsequently sold in 2001 into joint ownership of

170-460: The operating rights of Akers Motor Lines along U.S. Route 1 connected Arkansas-Best's New England and southeastern operations. Major expansion came with the carrier's purchase of Navajo Freight Lines in 1979. This pushed Arkansas-Best's operations all the way to California and increased its rank from the 25th largest interstate motor freight carrier in the US to ninth. Arkansas-Best changed its name to ABF Freight System Inc. in 1980 and, by 1981,

187-545: The removal of YouTube engagement bots Other uses [ edit ] Abai Sungai language , an Austronesian language of Malaysia Abaiang Airport , Abaiang, Kiribati Academy for Business and Finance , part of high school Bergen County Academies in New Jersey, United States Ammonium bifluoride Amorphous brazing foil Applications-By-Forms , a component of CA-OpenIngres Availability-based tariff Aviation boatswain's mate, fuels Topics referred to by

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204-403: The same term [REDACTED] This disambiguation page lists articles associated with the title ABF . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=ABF&oldid=1150615987 " Category : Disambiguation pages Hidden categories: Short description

221-509: The time, Arkansas-Best estimated it would have revenues of approximately US$ 18 million for 1961. Arkansas-Best also acquired Delta Motor Line expanding its reach to New Orleans. In 1966, Young founded Arkansas Best Corporation as a holding company for Arkansas-Best to facilitate diversification. In 1968, after a decade of expansion by acquiring route authorities in the southern, midwestern, and eastern US, Arkansas-Best acquired Fast Freight Co. which extended their network into New York. This

238-451: The two companies in 1957 as Arkansas-Best Freight System Inc. Arkansas-Best again expanded in 1961 when it acquired Healzer Cartage of Kansas City, Missouri for US$ 500,000 . Healzer had been founded in 1930 in Hutchinson, Kansas and at the time of acquisition reported nearly US$ 3 million annually in revenue. It was expected to operate as a wholly-owned subsidiary of Arkansas-Best. At

255-497: Was followed the next year by the acquisition of Krema Truck Lines in the Chicago area. In the 1970s, Arkansas-Best developed into a nationwide carrier through acquisitions of southeastern US carrier Youngblood Truck Lines in 1971 and all or part of H.A. Day Truck Line, Associated Transport, Western Gillette, and a portion of the routes of Great Lakes Express Co. which expanded its midwestern operations. The subsequent acquisition of

272-400: Was renamed ArcBest Corporation in 2014. ArcBest ArcBest Corporation is an American holding company for truckload and less-than-truckload (LTL) freight, freight brokerage, household good moving, and transportation management companies. Historically, the company also owned furniture, banking, and other diverse subsidiaries. The company ranked fifteenth among for-hire carriers in

289-451: Was the eighth largest trucking company in the US operating 106 terminals. It acquired East Texas Motor Freight Lines, a subsidiary of Bright Industries Inc., in 1982, a move which added 44 new terminal cities increasing ABF's reach to a total of 158, and by 1985 ABF was the sixth largest carrier in the US. ABF created ABF U-Pack Moving as a subsidiary in 1997 to provide household moving services. Parent company, Arkansas Best Corporation,

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