Arkansas Best Corporation Announces Third Quarter 2012 Results

        Arkansas Best Corporation Announces Third Quarter 2012 Results

- Net income of $6.5 million

- Diluted earnings per share of $0.24

- Panther Expedited Services enhances corporate service opportunities

- ABF labor contract negotiations to begin in December

PR Newswire

FORT SMITH, Ark., Nov. 1, 2012

FORT SMITH, Ark., Nov. 1, 2012 /PRNewswire/ -- Arkansas Best Corporation
(Nasdaq: ABFS) today announced third quarter 2012 net income of $6.5 million,
or $0.24 per share, compared with net income of $12.3 million, or $0.46 per
share, in the third quarter of 2011.

"Arkansas Best's results reflect weakness in the economy that contributed to
reduced customer business levels and lower profitability at ABF.The slowing
business environment also reduced the demand for expedited services at
Panther," said Arkansas Best President and CEO Judy R. McReynolds."However,
at our emerging non-asset-based companies, we are encouraged by the
continuation of strong revenue and improving profitability trends in the midst
of a tenuous economy."

ABF Freight System, Inc.
During the 2012 third quarter, business levels at ABF were below the same
period last year by 1.4 percent."This drop reflects the current, soft
economic environment as well as the remaining effects of business declines
resulting from pricing actions ABF implemented throughout most of last year
and into the first quarter of this year," said Ms. McReynolds."Industry
pricing is stable and rational, consistent with ABF's third quarter 2012
experience. ABF's recent yield improvement reflects positive retention of the
late June general rate increase and better price levels on contractual
agreements that renewed during the quarter. ABF has added new, profitable
customer relationships and remains focused on improving existing account
pricing and managing its resources to available freight levels."

Throughout the third quarter, ABF experienced cost pressures whose unfavorable
margin effects were amplified by the decline in quarterly revenue.The most
significant costs affecting ABF are associated with our union labor
contract.In addition, nonunion benefit costs were impacted by previously
discussed increases in 2012 pension and retirement costs as well as a greater
than expected increase in employee health care costs during the first two
months of the quarter. Purchased transportation costs increased due to a
greater need for these services, both domestically and internationally,
combined with higher rates charged by these service providers. Finally, as
previously reported, equipment depreciation costs are higher, on a
year-over-year basis, because of the timing and increased cost of new tractor
and trailer replacements during the last twelve months.

"For some time now, we have remained diligent in our efforts to address ABF's
high cost structure. This includes numerous internal activities associated
with the March 2013 expiration of ABF's union labor contract," said Ms.
McReynolds. "As previously announced, we expect to begin negotiations with the
Teamsters National Freight Industry Negotiating Committee, the negotiating arm
of the International Brotherhood of Teamsters, on December18. ABF's next
labor agreement offers an opportunity for us to work together with the
Teamsters and our employees to ensure that ABF is viable in the marketplace
and able to grow jobs and effectively compete for additional, profitable
business."

Panther Expedited Services, Inc.
"As we complete the first full quarter of having our premium logistics
provider Panther Expedited Services, Inc. as a subsidiary, we are excited
about the long-term growth possibilities it offers our company. We have
identified opportunities for Panther to work together with our other
subsidiaries to better serve customers, with a number of these opportunities
already yielding positive benefits. Moving forward, we believe the addition
of Panther will be a key element in our development into a comprehensive
logistics resource for our customers," said Ms.McReynolds.

"Third quarter results at Panther were impacted by a slower macroeconomic
environment, both domestically and internationally. Though total customer
loads increased, the availability of business within the industries Panther
serves varied. The reduction in revenue per mile associated with changes in
business mix had an unfavorable impact on Panther's profit margin."

Other Non-Asset-Based Subsidiaries
Arkansas Best's emerging non-asset-based subsidiaries experienced revenue
growth and operating income improvement throughout the quarter in spite of
weaker macroeconomic factors. The freight brokerage and emergency and
preventative maintenance segments benefitted from new customer relationships
that translated into additional business opportunities, with these segments
growing revenues by 63% and 32%, respectively. However, profit margins in
these segments continued to be impacted by investments previously made in
personnel and information technology. As the benefits of those investments
are fully realized, these subsidiaries will provide a platform for enhancing
the logistics services Arkansas Best offers its customers. This enables
further penetration into the $200 billion portion of the transportation market
the company now serves. With the addition of Panther, Arkansas Best's
non-asset-based businesses generated over 20% of third quarter consolidated
revenues.

Capital Expenditures Update
Because of reduced business levels and improved network utilization ABF plans
to reduce this year's new tractor replacements by eight percent. This ABF
change contributes to Arkansas Best's expected 2012 net capital expenditure
total of approximately $75 million. Earlier in the year the range of expected
2012 net capital expenditures was between $80 and $90 million.

Closing Comments
"The uncertain economic environment has impacted our recent performance and
presents challenges in the near term," said Ms. McReynolds. "However, we
believe our company is better equipped for future success because of the
combination of logistics services we now offer the marketplace. As we seek to
reduce ABF's cost structure as well as improve the flexibility of its network,
the additional resources available within our company provide opportunities
for solidifying existing customer relationships and gaining new business."

Conference Call
Arkansas Best Corporation will host a conference call with company executives
to discuss the 2012 third quarter results. The call will be today, Thursday,
November 1, at 9:30a.m. ET (8:30 a.m. CT). Interested parties are invited to
listen by calling (800) 618-4645. Following the call, a recorded playback
will be available through the end of the day on December 2, 2012. To listen
to the playback, dial (800) 633-8284 or (402) 977-9140 (for international
callers). The conference call ID for the playback is 21607032. The
conference call and playback can also be accessed, through December 2, on
Arkansas Best's website at arkbest.com.

Company Description
Arkansas Best Corporation, headquartered in Fort Smith, Arkansas, is a freight
transportation services and solutions provider. Through its various
subsidiaries, Arkansas Best offers a wide variety of logistics solutions
including: domestic and global transportation of less-than-truckload ("LTL")
and full load shipments, expedited ground and time-definite delivery
solutions, freight forwarding services, freight brokerage, oversight of
roadside assistance and equipment services for commercial vehicles, and
household goods moving market services for consumers, corporations, and the
military. More information is available at arkbest.com, abf.com and
pantherexpedite.com.

Forward-Looking Statements
The following is a "safe harbor" statement under the Private Securities
Litigation Reform Act of 1995: Statements contained in this report that are
not based on historical facts are "forward-looking statements." Terms such as
"anticipate," "believe," "estimate," "expect," "forecast," "intend," "plan,"
"predict," "prospects," "scheduled," "should," "would," and similar
expressions and the negatives of such terms are intended to identify
forward-looking statements. Such statements are by their nature subject to
uncertainties and risk including, but not limited to, general economic
conditions and related shifts in market demand that impact the performance and
needs of industries served by Arkansas Best Corporation's subsidiaries and
limit our customers' access to adequate financial resources; the successful
integration of Panther; relationships with employees, including unions; union
and nonunion employee wages and benefits, including changes in required
contributions to multiemployer pension plans; competitive initiatives, pricing
pressures, the effect of volatility in fuel prices and the associated changes
in fuel surcharges on securing increases in base freight rates and the
inability to collect fuel surcharges; availability of fuel; availability and
cost of reliable third-party services; the timing and amount of capital
expenditures; future costs of operating expenses such as fuel and related
taxes; self-insurance claims and insurance premium costs; governmental
regulations and policies; future climate change legislation; availability and
cost of capital and financing arrangements; the cost and timing of growth
initiatives; the impact of our brand and corporate reputation; the cost,
integration, and performance of any future acquisitions; costs of continuing
investments in technology and the impact of cyber incidents; weather
conditions; and other financial, operational, and legal risks and
uncertainties detailed from time to time in Arkansas Best Corporation's
Securities and Exchange Commission ("SEC") public filings.

The following tables show financial data and operating statistics on Arkansas
Best Corporation and its subsidiary companies.

ARKANSAS BEST CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS
                 Three Months Ended                Nine Months Ended

                 September 30                      September 30
                 2012             2011             2012            2011
                 (Unaudited)
                 ($ thousands, except share and per share data)
OPERATING        $  577,546      $ 510,887       $ 1,528,956      $ 1,444,369
REVENUES
OPERATING
EXPENSES AND        565,313        489,769         1,532,509        1,436,245
COSTS
OPERATING INCOME    12,233         21,118          (3,553)          8,124
(LOSS)
OTHER INCOME
(EXPENSE)
Interest and        155            273             623              790
dividend income
Interest expense
and other           (1,609)        (973)           (3,863)          (2,899)
related
financing costs
Other, net          997            (1,345)         2,117            1,544
                    (457)          (2,045)         (1,123)          (565)
INCOME (LOSS)
BEFORE INCOME       11,776         19,073          (4,676)          7,559
TAXES
INCOME TAX
PROVISION           5,258          6,808           (4,873)          2,630
(BENEFIT)
NET INCOME          6,518          12,265          197              4,929
LESS:
NONCONTROLLING
INTEREST IN
                    –              –               –                174
 NET
INCOME OF
SUBSIDIARY
NET INCOME
ATTRIBUTABLE TO
                 $  6,518        $ 12,265        $ 197            $ 4,755
 ARKANSAS BEST
CORPORATION
EARNINGS PER
COMMON SHARE^(1)
Basic            $  0.24         $ 0.46          $ –              $ 0.18
Diluted          $  0.24         $ 0.46          $ –              $ 0.18
AVERAGE COMMON
SHARES
OUTSTANDING
Basic               25,613,315     25,421,887      25,535,969       25,388,174
Diluted             25,613,315     25,421,887      25,535,969       25,388,174
CASH DIVIDENDS
DECLARED         $  0.03         $ 0.03          $ 0.09           $ 0.09
 PER COMMON
SHARE
(1) The Company uses the two-class method for calculating earnings per share.
This method, as calculated below, requires an allocation of dividends paid and
a portion of undistributed net income (but not losses) to unvested restricted
stock for calculating per share amounts.
NET INCOME
ATTRIBUTABLE TO
                 $  6,518         $      12,265        $   197         $ 4,755
 ARKANSAS BEST
CORPORATION
EFFECT OF
UNVESTED
RESTRICTED          (309)                (532)             (113)         (191)
 STOCK
AWARDS^(1)
ADJUSTED NET
INCOME FOR
CALCULATING     $  6,209         $      11,733        $   84          $ 4,564

 EARNINGS PER
COMMON SHARE





ARKANSAS BEST CORPORATION

CONSOLIDATED BALANCE SHEETS
                                  September 30                    December 31

                                  2012                            2011
                                  (Unaudited)                     Note
                                  ($ thousands, except share data)
ASSETS
CURRENT ASSETS
Cash and cash equivalents         $      71,341                   $  141,295
Short-term investments                   47,732                      33,960
Restricted cash equivalents and          9,798                       52,693
short-term investments
Accounts receivable, less
allowances (2012 – $4,790; 2011 –        209,460                     149,665
$5,957)
Other accounts receivable, less
allowances (2012 – $1,246; 2011 –        7,312                       7,538
$1,226)
Prepaid expenses                         13,808                      11,363
Deferred income taxes                    35,704                      35,481
Prepaid and refundable income            4,285                       6,905
taxes
Other                                    8,599                       6,186
TOTAL CURRENT ASSETS                     408,039                     445,086
PROPERTY, PLANT AND EQUIPMENT
Land and structures                      243,395                     242,120
Revenue equipment                        598,947                     569,303
Service, office, and other               116,913                     110,511
equipment
Software                                 100,896                     64,229
Leasehold improvements                   22,943                      21,426
                                         1,083,094                   1,007,589
Less allowances for depreciation         622,888                     592,171
and amortization
                                         460,206                     415,418
GOODWILL                                 79,051                      3,660
INTANGIBLE ASSETS, NET                   80,604                      2,822
OTHER ASSETS                             52,130                      49,234
                                  $      1,080,030                $  916,220
LIABILITIES AND STOCKHOLDERS'
EQUITY
CURRENT LIABILITIES
Bank overdraft and drafts payable $      13,028                   $  20,836
Accounts payable                         90,245                      66,517
Income taxes payable                     430                         169
Accrued expenses                         159,378                     151,887
Current portion of long-term debt        54,024                      24,262
TOTAL CURRENT LIABILITIES                317,105                     263,671
LONG-TERM DEBT, less current             132,355                     46,750
portion
PENSION AND POSTRETIREMENT               93,491                      106,578
LIABILITIES
OTHER LIABILITIES                        12,628                      13,751
DEFERRED INCOME TAXES                    53,793                      19,855
STOCKHOLDERS' EQUITY
Common stock, $0.01 par value,
authorized 70,000,000 shares;
                                         273                         271
 issued 2012: 27,294,724
shares; 2011: 27,099,819 shares
Additional paid-in-capital               288,468                     286,408
Retained earnings                        292,893                     295,108
Treasury stock, at cost,                 (57,770)                    (57,770)
1,677,932 shares
Accumulated other comprehensive          (53,206)                    (58,402)
loss
TOTAL STOCKHOLDERS' EQUITY               470,658                     465,615
                                  $      1,080,030                $  916,220
Note: The balance sheet at December 31, 2011 has been derived from the audited
financial statements at that date but does not include all of the information
and footnotes required by generally accepted accounting principles for
complete financial statements.



ARKANSAS BEST CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                      Nine Months Ended

                                                      September 30
                                                      2012          2011
                                                      (Unaudited)
                                                      ($ thousands)
OPERATING ACTIVITIES
Net income                                            $ 197        $ 4,929
Adjustments to reconcile net loss to net cash
provided by operating activities:
Depreciation and amortization                           62,772       54,201
Amortization of intangibles                             1,218        –
Share-based compensation expense                        4,711        5,116
Provision for losses on accounts receivable             1,314        2,105
Deferred income tax benefit                             (3,795)      (6,802)
Gain on sale of property and equipment                  (582)        (1,934)
Changes in operating assets and liabilities:
Receivables                                             (28,956)     (20,244)
Prepaid expenses                                        2,940        1,144
Other assets                                            (591)        2,470
Income taxes                                            938          8,457
Accounts payable, accrued expenses, and other           7,942        22,836
liabilities^(1)
NET CASH PROVIDED BY OPERATING ACTIVITIES               48,108       72,278
INVESTING ACTIVITIES
Purchases of property, plant and equipment, net of      (31,923)     (32,127)
financings
Proceeds from sale of property and equipment            5,126        5,678
Purchases of short-term investments                     (38,708)     (27,930)
Proceeds from sale of short-term investments            25,018       36,175
Business acquisition, net of cash acquired              (180,793)    –
Capitalization of internally developed software and     (5,379)      (3,735)
other
NET CASH USED IN INVESTING ACTIVITIES                   (226,659)    (21,939)
FINANCING ACTIVITIES
Borrowings under credit facilities                      100,000      –
Payments on long-term debt                              (22,606)     (10,886)
Acquisition of noncontrolling interest                  –            (4,084)
Net change in bank overdraft and other                  (7,808)      1,608
Change in restricted cash equivalents and short-term    42,895       (662)
investments
Deferred financing costs                                (1,472)      (174)
Payment of common stock dividends                       (2,412)      (2,383)
Proceeds from the exercise of stock options             –            763
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES     108,597      (15,818)
NET INCREASE (DECREASE) IN CASH AND CASH                (69,954)     34,521
EQUIVALENTS
Cash and cash equivalents at beginning of period        141,295      102,578
CASH AND CASH EQUIVALENTS AT END OF PERIOD            $ 71,341     $ 137,099
NONCASH INVESTING ACTIVITIES
Accruals for equipment received                       $ 34         $ 5,117
Equipment financed under capital leases and notes     $ 37,973     $ 21,307
payable
(1) Includes $18.0 million in contributions to the Company's nonunion
pension plan for 2012.





ARKANSAS BEST CORPORATION

RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES
                   Three Months Ended             Nine Months Ended

                   September 30                   September 30
                   2012               2011        2012            2011
                   (Unaudited)
                   ($ thousands, except per share data)
ARKANSAS BEST CORPORATION – CONSOLIDATED
Net Income
Attributable to
Arkansas Best
Corporation
Amounts on a GAAP  $   6,518       $    12,265      $  197          $  4,755
basis
Tax benefits^(1)       –                –              (3,333)         –
Transaction costs,     –                –              1,294           –
after-tax^(2)
Non-GAAP amounts   $   6,518       $    12,265      $  (1,842)      $  4,755
Diluted Earnings
Per Share
Amounts on a GAAP  $   0.24        $    0.46        $  –            $  0.18
basis
Tax benefits^(1)       –                –              (0.13)          –
Transaction costs,     –                –              0.05            –
after-tax^(2)
Non-GAAP amounts   $   0.24        $    0.46        $  (0.08)       $  0.18
ARKANSAS BEST CORPORATION – CONSOLIDATED
Earnings Before
Interest, Taxes,
Depreciation,
 and
Amortization
Net income
attributable to    $   6,518       $    12,265      $  197          $  4,755
Arkansas Best
Corporation
Interest expense       1,609            973            3,863           2,899
Income taxes           5,258            6,808          (4,873)         2,630
(benefits)
Depreciation and       23,820           18,230         63,990          54,201
amortization
Amortization of
share based            1,369            1,417          4,711           5,116
compensation
Amortization of        2,846            1,840          8,539           5,520
actuarial losses
EBITDA                 41,420           41,533         76,427          75,121
Transaction costs,     –                –              2,129           –
pre-tax^(2)
Adjusted EBITDA    $   41,420      $    41,533      $  78,556       $  75,121
PREMIUM LOGISTICS
& EXPEDITED
FREIGHT
SERVICES^(3)
Earnings Before
Interest, Taxes,
Depreciation,
 and
Amortization
Operating income   $   804         $    –           $  1,284        $  –
Depreciation and       2,491            –              2,965           –
amortization
EBITDA             $   3,295       $    –           $  4,249        $  –
(1) Tax benefit adjustments related to deferred tax asset valuation
allowances.

(2) Transaction costs associated with the June 15, 2012 acquisition of Panther
Expedited Services, Inc.

(3) Includes the results of Panther Expedited Services, Inc., for the period
of June 16 to September 30, 2012.
Non-GAAP Financial Measures.  The company reports its financial results in
accordance with generally accepted accounting principles ("GAAP"). However,
management believes that certain non-GAAP performance measures and ratios
utilized for internal analysis provide financial statement users meaningful
comparisons between current and prior period results, as well as important
information regarding performance trends. Certain information discussed in the
scheduled conference call could be considered non-GAAP measures. Non-GAAP
financial measures should be viewed in addition to, and not as an alternative
for, the company's reported results. Management believes EBITDA to be relevant
and useful information as EBITDA is a standard measure commonly reported and
widely used by analysts, investors and others to measure financial performance
and ability to service debt obligations. However, these financial measures
should not be construed as better measurements than operating income,
operating cash flow, net income or earnings per share, as defined by GAAP.
Other companies may calculate Adjusted EBITDA differently, and therefore the
Company's Adjusted EBITDA may not be comparable to similarly titled measures
of other companies.



ARKANSAS BEST CORPORATION

FINANCIAL STATEMENT OPERATING SEGMENT DATA AND OPERATING RATIOS
                   Three Months Ended                Nine Months Ended

                   September 30                      September 30
                   2012             2011             2012                2011
                   (Unaudited)

                   ($ thousands)
OPERATING REVENUES
Freight            $ 455,997        $ 459,325        $ 1,302,292         $ 1,308,723
Transportation^(1)


Premium Logistics
& Expedited          60,445           –                71,280              –

 Freight
Services^(2)
Truck Brokerage &    11,395           6,977            29,455              18,488
Management^(3)
Emergency and
Preventative         32,785           24,801           85,264              70,419

 Maintenance^(4)
Household Goods
Moving               25,702           27,768           61,233              68,879
 Services^(5)
Total
non-asset-based      130,327          59,546           247,232             157,786
segments
Other revenues and   (8,778)          (7,984)          (20,568)            (22,140)
eliminations
Total consolidated
 operating       $ 577,546        $ 510,887        $ 1,528,956         $ 1,444,369
revenues
OPERATING EXPENSES AND COSTS
Freight
Transportation^(1)
Salaries, wages,   $ 272,680 59.8%  $ 271,775 59.2%  $ 807,685   62.0%   $ 807,140   61.7%
and benefits
Fuel, supplies,      83,989  18.4     86,260  18.8     247,646   19.0      253,387   19.4
and expenses
Operating taxes      10,891  2.4      11,343  2.5      32,514    2.5       34,336    2.6
and licenses
Insurance            4,944   1.1      5,139   1.1      15,415    1.2       18,130    1.4
Communications and   3,816   0.8      3,771   0.8      11,084    0.9       11,468    0.9
utilities
Depreciation and     20,381  4.5      17,502  3.8      58,440    4.5       52,044    4.0
amortization
Rents and
purchased            49,061  10.8     43,871  9.6      130,105   10.0      125,396   9.6
transportation
Gain on sale of
property             (65)    –        (1,060) (0.2)    (578)     –         (1,943)   (0.1)

 and equipment
Other                1,858   0.3      2,995   0.5      5,839     0.3       6,496     0.3
                     447,555 98.1%    441,596 96.1%    1,308,150 100.4%    1,306,454 99.8%
Premium Logistics
& Expedited

Freight
Services^(2)
Purchased          $ 46,260  76.5%  $ –              $ 54,507    76.5%   $ –
transportation
Depreciation and     2,491   4.1      –                2,965     4.2       –
amortization
Salaries,
benefits,
insurance,           10,890  18.1     –                12,524    17.5      –

 and other
                     59,641  98.7%    –                69,996    98.2%     –
Truck Brokerage &    10,689           6,364            27,700              16,922
Management^(3)
Emergency and
Preventative         31,913           23,795           83,834              67,574

 Maintenance^(4)
Household Goods
Moving               24,277           26,086           60,435              66,113
 Services^(5)
Total
non-asset-based      126,520          56,245           241,965             150,609
segments
Other expenses and   (8,762)          (8,072)          (17,606)            (20,818)
eliminations
Total consolidated
operating
                   $ 565,313        $ 489,769        $ 1,532,509         $ 1,436,245
 expenses and
costs





ARKANSAS BEST CORPORATION

FINANCIAL STATEMENT OPERATING SEGMENT DATA AND OPERATING RATIOS – Continued
                     Three Months Ended              Nine Months Ended

                     September 30                    September 30
                     2012          2011              2012          2011
                                            (Unaudited)
                                            ($
                                            thousands)
OPERATING INCOME
(LOSS)
Freight              $  8,442      $ 17,729          $  (5,858)    $ 2,269
Transportation^(1)


Premium Logistics &     804          –                  1,284        –
Expedited
 Freight
Services^(2)
Truck Brokerage &       706          613                1,755        1,566
Management^(3)
Emergency and
Preventative            872          1,006              1,430        2,845

 Maintenance^(4)
Household Goods
Moving                  1,425        1,682              798          2,766
 Services^(5)
Total
non-asset-based         3,807        3,301              5,267        7,177
segments
Other income (loss)
and                     (16)         88                 (2,962)      (1,322)
 eliminations
Total consolidated
operating            $  12,233     $ 21,118          $  (3,553)    $ 8,124
 income (loss)
(1) This segment includes the results of operations of Arkansas Best's
largest subsidiary, ABF Freight System, Inc.^®.
(2) This segment includes the results of operations of Arkansas Best's
expedited services operating as Panther Expedited Services, Inc. for the
period of June 16 to September 30, 2012.
(3) This segment includes the results of operations of Arkansas Best's
transportation brokerage services operating as FreightValue^®.
(4) This segment includes the results of operations of Arkansas Best's
roadside vehicle assistance and commercial equipment services subsidiary
FleetNet America, Inc.
(5) This segment includes the results of operations of Arkansas Best's
subsidiaries Albert Companies, Inc. and Moving Solutions, Inc. which provide
services to the consumer, corporate, and military household goods moving
market.



ABF FREIGHT SYSTEM, INC.

OPERATING STATISTICS
                                            Three Months Ended              Nine Months Ended
                                            September 30                    September 30
                                            2012        2011        %       2012        2011        %
                                                                    Change                          Change
                                            (Unaudited)
Freight Transportation ^(1)
Workdays                                    63.0        64.0                190.5       191.0
Billed Revenue ^(2) / CWT        $ 28.60     $ 28.17     1.5%    $ 28.04     $ 26.52     5.7%
Billed Revenue ^(2) / Shipment          $ 393.47    $ 379.49    3.7%    $ 379.88    $ 359.32    5.7%
Shipments   1,141,325   1,200,461 (4.9)%    3,410,447   3,643,511 (6.4)%
Shipments / Day                               18,116      18,757    (3.4)%    17,903      19,076    (6.2)%
Tonnage (tons)     785,172     808,660   (2.9)%    2,310,467   2,467,866 (6.4)%
Tons / Day                                    12,463      12,635    (1.4)%    12,128      12,921    (6.1)%
(1) Operating statistics for the Freight Transportation segment do not include the results from ABF's
Global Supply Chain Services.
(2) Billed Revenue does not include revenue deferral required for financial statement purposes under the
company's revenue recognition policy.



Contact:  Mr. David Humphrey, Vice President, Investor Relations and
                 Corporate Communications
                 Telephone: (479) 785-6200

SOURCE Arkansas Best Corporation

Website: http://www.arkbest.com
Website: http://www.abfs.com
Website: http://www.pantherexpedite.com
 
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