FORT SMITH, Ark. — Arkansas Best Corp. says Teamsters union members have voted to reject proposed changes in a contract that would have cut wages by 15 percent.
An announcement Monday from the company said the union had turned down modifications that ABF Freight System Inc., an Arkansas Best subsidiary, had proposed to the current contract.
“It is unfortunate that our union employees have chosen not to participate in better aligning ABF’s cost structure with those of its ... competitors,” said Judy R. McReynolds, Arkansas Best president and chief executive officer.
She said the company would now evaluate other options dealing with costs.
Kevin Jones of The Trucker staff can be reached for comment at email@example.com.
Find more news and analysis from The Trucker, and share your thoughts, on Facebook.