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turbodog

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turbodog

Re: turbodog post# 8587

Tuesday, 11/02/2010 9:13:17 AM

Tuesday, November 02, 2010 9:13:17 AM

Post# of 24405
ABF rejected a 15% cut in MAY (sore loosers)
ABF Teamsters rejected a 15 percent wage cut and other concessions in May, despite nearly $100 million in losses suffered by ABF in 2009.

The company reported a $12.6 million loss in the second quarter of 2010, despite an 11.9 percent increase in tonnage. ABF lost $35.7 million in the first quarter.

Little Rock, Ark.-based ABF reports its third quarter earnings Wednesday.

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