(Fort Smith, Arkansas, November 17, 2005) ABF Freight System, Inc.®, the largest subsidiary of Arkansas Best Corporation (Nasdaq: ABFS), has announced the appointment of Murray Babb, Chris Burton, Jim Ingram and Jim Keenan to the position of vice president. All of these promotions are effective on February 1, 2006.
Murray Babb has been named Vice President of Terminal Operations for ABF. In his new position, Mr. Babb will be responsible for all aspects of the dock, street and yard operations at ABFs 287 customer service centers and distribution centers throughout North America.
Mr. Babb began his career with ABF in 1986 working as an operations supervisor in Akron, OH. Mr. Babbs field experience has included jobs in both operations and sales. After serving as a branch manager in ABFs Cincinnati, OH and South Chicago, IL facilities, Mr. Babb was promoted to Regional Vice President of Operations in 2003 based in Indianapolis, IN. Mr. Babb holds a bachelors degree in business administration from Kent State University.
Chris Burton has been named Vice President of Economic Analysis for ABF. In addition to having responsibility for economic analysis, he will oversee ABFs training, quality awareness and e-systems development.
Mr. Burton has worked throughout Arkansas Best Corporation for 26 years, beginning his career at Data-Tronics, Arkansas Bests information technology subsidiary. He spent 11 years with Data-Tronics, including 8 years managing personal computer support, mainframe computer hardware and software acquisition, and recruitment. His 15 years in economic analysis include the last 10 as Director of Economic Analysis, where he administers ABFs costing model, forecasting and performance measurement systems. Mr. Burton received a bachelors degree in computer science from Purdue University and a masters degree in business administration from the University of Arkansas.
Jim Ingram has been named Vice President of Market Development for ABF. In his new position, Mr. Ingram will be responsible for spot pricing and customer service in connection with the companys specialized services, including TimeKeeper®, TurnKey®, U-Pack Moving® and FreightValue®. He will also lead new service development for ABF.
Mr. Ingram began his career with ABF in 1990 as an analyst in the companys pricing department. After holding various positions within pricing, he was named ABFs Director of Quotation Services in 2000. Mr. Ingram holds a bachelors degree in industrial engineering and a masters degree in business administration from the University of Arkansas.
Jim Keenan, a 29-year veteran of the transportation industry, has been named Vice President of Administration. He will have responsibility for ABFs personnel department, revenue accounting, cargo loss and damage claims prevention, risk management and administrative services including field office functions.
Mr. Keenan has been with ABF for 24 years, coming to the company as a result of ABFs purchase of East Texas Motor Freight in 1982. After working throughout ABFs pricing area, Mr. Keenan was named Regional Vice President of Sales in Albuquerque, NM in 1988, later moving to Salt Lake City, UT in the same capacity. From 1995 to 1998, he served as Vice President, Sales & Marketing for Arkansas Bests intermodal subsidiary, Clipper Exxpress in Chicago, IL. In 1999, he returned to ABF as Regional Vice President of Sales in Dallas, TX.
Established in 1923, ABF is one of North Americas oldest and most reputable motor carriers. It continues to be recognized as a benchmark for safety, security, technology and freight-handling standards. ABF's emphasis on quality and value was cited by Logistics Management magazine, which awarded the carrier a 2004 Quest for Quality Award. ABF also was recognized by CIO magazine for innovative excellence in information technology, earning the 2005 CIO Enterprise Value Award for the transportation industry and a spot on the CIO Top 100 Companies list in both 2004 and 2005.
ABF operates an extensive network of customer service centers and distribution facilities strategically located throughout North America. Through this network, ABF provides comprehensive shipping services to all 50 states, Canada, Mexico, Guam and Puerto Rico. Globally, the carrier serves 250 ports in more than 130 countries. ABF is certified as an Automated Commercial Environment (ACE) carrier by the U.S. Department of Homeland Security, as well as a Customs-Trade Partnership Against Terrorism (C-TPAT) and Free and Secure Trade (FAST) carrier to and from Canada. Via its TimeKeeper® service, ABF provides guaranteed service for expedited or time-definite shipments.
Contact: Mr. David E. Loeffler, Senior Vice President, Chief Financial Officer and Treasurer
Telephone: (479) 785-6157
Mr. David Humphrey, Director of Investor Relations
Telephone (479) 785-6200