WASHINGTON (dpa-AFX) - ABF Freight System Inc, a subsidiary of Arkansas Best Corp. (ABFS), announced Wednesday that the United States Court of Appeals for the Eighth Circuit, St. Louis reversed and remanded a lower court's previous dismissal of ABF's lawsuit against the International Brotherhood of Teamsters, YRC, Inc., Trucking Management, Inc. and other related entities.
In November 2010, ABF had filed a lawsuit and sought to have the lower court create an appropriate grievance review committee to resolve the dispute, or to have the contract amendments benefiting only YRC declared null and void by the court, as required by the National Master Freight Agreement. ABF also sought an award of monetary damages estimated to be approximately $750 million.
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