ABF Freight National Master Freight Agreement Ratified

ABF Freight® National Master Freight Agreement Ratified

• Five-year ABF National Master Freight Agreement with International Brotherhood of Teamsters ratified overwhelmingly, along with 25 of 27 supplemental agreements
• Two rejected supplements have reached new tentative agreement and will be revoted next week
• ABF Teamster employees to continue working under current contract

FORT SMITH, Arkansas – (Trailer Technician) — ABF Freight System, Inc., a subsidiary of ArcBest Corporation (Nasdaq: ARCB), is pleased to report the new five-year ABF National Master Freight Agreement has been ratified overwhelmingly by ABF Teamster-represented employees, providing for increased wages and benefits, two additional sick days, a paid Martin Luther King Jr. holiday and other generous provisions.

ABF also negotiates 27 regional supplemental agreements as part of the bargaining process with the International Brotherhood of Teamsters. Voting results show that 25 of the 27 supplements also passed. Negotiating teams from ABF and the IBT met on Friday and reached new tentative agreements on the two outstanding supplements. Voting by Teamster employees for those two supplements will take place next week.

It remains business as usual at ABF as the negotiating teams work through the final two remaining supplements. ABF employees will continue to work under terms of the current contract during this process.

Additional information regarding the remaining two supplements will be provided when available.