| Business Summary | | Arkansas
Best
Corporation
is
a
diversified
holding
company
engaged,
through
its
subsidiaries,
primarily
in
motor
carrier
transportation
operations,
intermodal
transportation
operations,
truck
tire
retreading
and
new
tire
sales.
Principal
subsidiaries
are
ABF
Freight
System,
Inc.,
G.I.
Trucking
Company,
Clipper
Exxpress
Company
and
related
companies,
FleetNet
America
LLC,
and,
until
October
31,
2000,
Treadco,
Inc.
The
Company
operates
in
four
operating
segments:
ABF,
G.I.
Trucking,
Clipper
and
Treadco,
which
was
contributed
to
Wingfoot
on
October
31,
2000.
The
Company's
less-than-truckload
motor
carrier
operations
are
conducted
through
ABF,
ABF
Freight
System,
Ltd.,
ABF
Freight
System
Canada,
Ltd.,
ABF
Cartage,
Inc.,
Land-Marine
Cargo,
Inc.
and
G.I.
Trucking
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ABFS
is
a
transportation
holding
company
engaged
primarily
in
motor
carrier
transportation
operations,
intermodal
transportation
operations,
and
truck
tire
retreading
and
new
truck
tire
sales.
For
the
six
months
ended
6/30/01,
revenues
fell
12%
to
$807.2
million.
Net
income
applicable
to
Common
fell
41%
to
$16.9
million.
Results
suffered
from
the
contribution
of
all
of
Treadco's
assets
and
liabilities
to
Wingfoot
on
10/00,
and
lower
tonnage
and
shipment
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Marquard, 80 Chairman | -- | -- | Robert Young, III, 60 Pres,
CEO, Director | $2.6M | -- | David Loeffler, 54 VP,
CFO, Treasurer | 623K | $110K | Lary Scott, 64 Exec.
VP | 905K | -- | Jerry Yarbrough, 62 Sr.
VP - Corp. Devel. | 1.1M | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|