Arkansas Best Corp. (ABFS) announced that its ABF Freight System Inc. subsidiary has reached a tentative agreement with the Teamsters National Freight Industry Negotiating Committee on a 5-year labor contract.
Arkansas Best gapped open sharply higher Monday and climbed in early trade. Shares advanced further around midday and finished up by 4.18 at $14.73 on the highest volume of the year. The stock leaped to a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.