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Name:
ABF
Address:
3801 Old Greenwood
City: Fort
Smith
State:
Ark. CEO:
David Stubblefield
Products:
Trucking
Employees:
13,000+
Dramatic
growth over seven decades has characterized ABF Freight System,
Inc.’s, transformation from a small local carrier into one of
the nation’s largest motor carriers.
Today,
it is one of the trucking industry leaders, that operated as OK
Transfer in 1923 in and around
Fort Smith
,
Ark.
By the time the grandfather clause
of the landmark ICC Act of 1935 went into effect, the company had
acquired and was operating as Arkansas Motor Freight, running
routes to and from
Fayetteville
and
Texarkana
,
Ark.
, and
Kansas City
and
St. Louis
,
Mo.
In
1951, after nine more acquisitions, Robert A. Young, Jr., a
Fort Smith
attorney and businessman,
purchased Arkansas Motor Freight. The more than 20 acquisitions
that followed illustrated the vision he instilled in the company.
Every acquisition turned into a profitable operation within a year
after it merged with ABF.
Following
the purchase of Best Motor Freight in 1957, the company’s name
was changed to Arkansas-Best Freight System, Inc., the name it
operated under until the official name change to ABF Freight
System, Inc. in 1980. It was in 1966 that the principals of ABF
organized Arkansas Best Corporation with ABF becoming its largest
subsidiary.
The
subsidiaries of ABC have included banking, computer services,
furniture manufacturing, specialized and truckload carriers, as
well as warehousing and truck tire recapping.
ABF
became a nationwide carrier in the seventies, with the acquisition
of authority in
New England
, the Southeast and a portion of
the
Great Lakes
region in the early part of the
decade and with a major acquisition of authority on the West Coast
and in several western states in 1978. The acquisition of Navajo
Freight Line that year lifted the company from 25th to 9th in size
among the nation’s top 10 regulated interstate motor freight
carriers.
Two
years after the Motor Carrier Act of 1980 brought deregulation to
the trucking industry, ABF further improved its national service
with the acquisition of East Texas Motor Freight, opening new
operations and substantially increasing market size in several
states. In 1995, as a result of Arkansas Best Corporation’s
purchase of WorldWay Corporation, ABF consolidated Carolina
Freight Carriers Corporation and Red Arrow Freight Lines into its
operations. As a result, ABF substantially increased its ability
to compete in the regional markets while retaining its status as
one of the nation’s four largest national carriers.
Through
more than seven decades of operation, ABF has continued to expand
its services and coverage. Today, the company serves all 50 states
in the
U.S.
,
Puerto Rico
and the U.S. Virgin Islands,
Guam
, and nine provinces from
coast-to-coast in
Canada
. In 1992, the company developed
international services on a worldwide basis through cooperation
with intermodal partners. Today, ABF’s international operation
offers service to 230 ports in more than 130 countries. Also in
1992, an alliance was formed with one of
Me
xico
’s largest LTL specialists to
provide single-bill coverage to that country. In 1993, ABF
embarked upon a customized setup and delivery service never before
available in the industry.
ABF
realized prior to the onset of deregulation in 1980 that in order
to be a major carrier in the 1980’s and beyond that it would
have to expand service to every major market in the U.S. ABF has
309 revenue producing facilities in every major market area in the
U.S. and serves over 98 percent of the entire U.S. urban
population in all 50 states, the District of Columbia, Guam,
Puerto Rico and the U.S. Virgin Islands. ABF will continue to open
branches in the future.
Safety
ABF’s
safety initiatives have been recognized as best-in-class,
including ABF’s receipt of the ATA’s President’s Trophy in
1998. Over the past two decades, ABF has received the
President’s Trophy virtually every year that it has been
eligible. In each of the last 28 years, ABF’s safety ranking has
been first, second, or third within its trucking category.
In
2001, the American Trucking Associations recognized ABF as the top
motor carrier in security with its Excellence in Security award.
The ATA added that ABF has far exceeded expectations as most
outstanding in its written security policy, employee selection,
incentive and recognition programs, training programs, claims
reductions and security procedures.
Distribution
centers
Nine
distribution centers are strategically located throughout the ABF
system at
Albuquerque
,
N.M.
;
Carlisle
,
Penn.
;
Dallas
,
Texas
;
Dayton
,
Ohio
;
Ellenwood
,
Ga.
;
Little Rock
,
Ark.
;
Salt Lake City
,
Utah
;
South Chicago
,
Ill.
; and
Winston-Salem
,
N.C.
Today,
ABF operates a fleet of more than 1,600 road tractors, 2,700 city
tractors and over 17,000 trailers. Its three-year road tractor
replacement cycle ensures that it continually has one of the
youngest fleets in the industry.
Rating
accuracy
ABF
has been recognized as an industry leader in billing accuracy,
with more than 99.6 percent of all bills rated correctly.
David
son
assumes office
Robert
A.
David
son became president and Chief
Executive Officer of ABF Freight System, Inc, Arkansas Best’s
largest subsidiary, in February. He replaces
David
Stubblefield.
“In
the late 50’s my father, Robert A. Young, Jr., hired
David
Stubblefield as a freight salesman
for ABF after a chance meeting while giving him a ride to the
wedding of a mutual friend,” said Robert A. Young, III, Arkansas
Best President and Chief Executive Officer. “Thus began a
43-year career with ABF that saw Dave positively affect all of the
key areas of our company.”
“It
is an honor to follow
David
Stubblefield and to have the
opportunity to build upon his remarkable tenure at ABF,” said
Robert
David
son. “His people-centered
management style has fostered enthusiastic, empowered employees at
every level of our company. The management team developed by Dave
is widely known as the most capable in the industry, and his high
ethical standards have shown us the true measure of success.
Dave’s legacy leaves ABF positioned for continued success, and
we are truly thankful to have served with him.”
David
son previously was ABF’s vice
president of marketing and pricing. He has been employed in the
corporation 30 years, beginning his career with Arkansas Best in
1972 in the Economic Analysis Department. In 1982, he became
ABF’s vice president of pricing and subsequently added the title
of vice president of marketing in 1997.
“I
am pleased to have Bob
David
son leading ABF Freight System into
the future,” said Young. “During the last 20 years, his
development and implementation of ABF’s account pricing
principles have helped make ABF the most profitable long-haul, LTL
carrier in the
United States
.
Under Bob’s guidance since 1997, ABF’s marketing department
has successfully positioned ABF as the most flexible,
customer-oriented carrier in the LTL industry, offering unmatched
value to the shipping public. In addition, Bob has overseen the
introduction of numerous new services at ABF and the development
of abf.com which has been consistently recognized for its
innovations by numerous independent organizations.”
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