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Arkansas-Best changed its name to ABF Freight System Inc. in 1980 [7] and, by 1981, was the eighth largest trucking company in the US operating 106 terminals. [6] It acquired East Texas Motor Freight Lines, a subsidiary of Bright Industries Inc., in 1982, a move which added 44 new terminal cities increasing ABF's reach to a total of 158, [ 9 ...
The company was formed in 1966 as Arkansas Best Corporation by Robert A. Young, owner of LTL carrier Arkansas-Best Freight System (now ABF Freight System), [2] to be that carrier's holding company as a way to facilitate diversification. [3] Young remained the company's chairman until his death in 1973. [4]
The National Master Freight Agreement is an occasionally updated master contract concerning employment of teamsters that has been signed by numerous labor unions and employers in the United States. Its original version was negotiated in the early 1960s by the International Brotherhood of Teamsters .
SCAC is also used to identify an ocean carrier or self-filing party, such as a freight forwarder, for the Automated Manifest System used by US Customs and Border Protection for electronic import customs clearance and for manifest transmission as per the USA's "24 Hours Rule" which requires the carrier to transmit a cargo manifest to US Customs ...
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