ABF Announces the Assignment of Yield Management Responsibilities

FORT SMITH, Ark., April 27 /PRNewswire-FirstCall/ -- ABF Freight System, Inc.®, announces changes in executive responsibilities. Roy Slagle, senior vice president of sales and marketing, assumes the additional responsibility of yield management. Daniel E. Loe has been named vice president of yield management, effective immediately. Currently, Mr. Loe serves as director of marketing and public relations.

"Roy has been with ABF for 34 years and has held a variety of positions, including operations supervisor, operations manager, branch manager, regional training specialist, regional vice president sales, vice president and treasurer, and vice president administration and treasurer prior to being promoted to his current position of senior vice president sales and marketing. This breadth of experience will serve him well in meeting the requirements of his additional duties," noted President and Chief Executive Officer Wes Kemp.

In his new role, Mr. Loe will lead all activity related to yield management, freight bill rating and traffic services. Mr. Loe joined ABF as a pricing analyst in 1997. He was promoted to lead pricing analyst in 1998 and senior pricing analyst in 2000.  He has served in his current position since 2004.

"Danny brings a diverse base of experience into his new assignment, which will serve ABF and its customers well," said Senior Vice President of Sales and Marketing Roy Slagle. "With his strong analytical background and customer relations experience, I'm confident that ABF will continue to provide customers with the best value in the transportation industry."  

Established in 1923, ABF® is best-in-class for safety, security, technology and freight-handling. InformationWeek, CIO, InfoWorld, and BtoB magazines have cited ABF's strategic use of information technology as exemplary. ABF is the only five-time winner of the American Trucking Associations President's Trophy for Safety, the only five-time winner of the Excellence in Security Award, and the only four-time winner of the Excellence in Claims/Loss Prevention Award. ABF also is the only carrier to earn both the Excellence in Claims/Loss Prevention Award and the Excellence in Security Award in the same year, which ABF accomplished twice.

ABF provides guaranteed service for expedited or time-definite shipments via its TimeKeeper® service. Regional shipments are handled via the carrier's RPM® Network, providing next-day and second-day shipping. The ABF system stretches throughout North America, with local service centers serving all 50 states, Canada, Mexico, Guam, and Puerto Rico. Globally, the carrier serves 250 ports in more than 130 countries.

ABF is the largest subsidiary of Arkansas Best Corporation (Nasdaq: ABFS).

SOURCE ABF Freight System, Inc.