FORT SMITH, Ark., July 6, 2011 /PRNewswire/ -- Today, the United States Court of Appeals for the Eighth Circuit (St. Louis) reversed and remanded a lower court's previous dismissal of ABF's lawsuit against the International Brotherhood of Teamsters, YRC, Inc., Trucking Management, Inc. and other related entities.  ABF® is very pleased with this decision and looks forward to further proceedings on its lawsuit seeking to level the playing field for all parties of the National Master Freight Agreement (NMFA).

When the original lawsuit was filed in November 2010, ABF sought to have the lower court create an appropriate grievance review committee to resolve the dispute, or to have the contract amendments benefiting only YRC declared null and void by the court, as required by the NMFA.  ABF also sought an award of monetary damages estimated to be approximately $750 million.  ABF will continue to seek that relief on remand.

Please visit www.ABFLegalAction.com for updates as we proceed in our legal actions concerning the NMFA.

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 six-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 shipping, handled via the carrier's RPM® Network, provides 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).

Contact:

Mr. David Humphrey, vice president of investor relations & corporate communications
Arkansas Best Corporation
Telephone: (479) 785-6200

Mr. Russ Aikman, director of marketing & public relations
ABF Freight System, Inc.
Telephone: (479) 785-8913

Website: ABFLegalAction.com

SOURCE ABF Freight System, Inc.

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