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Though the Dow Industrials were down Monday and the S&P 500 only had a slight gain, the Dow Jones Transports were up 1.27%. Two trucking companies were big gainers as YRC Worldwide (YRCW) was up 41% and Arkansas Best Corp. (ABFS) was up almost 40% for the day on ten times the average volume.

In a report published Monday, Deutsche Bank analyst Justin Yagerman upgraded the rating on Arkansas Best Corporation (NASDAQ: ABFS) from Hold to Buy, and raised the price target from $11.00 to $20.00.

In the report, Yagerman noted, “We are upgrading shares of ABFS to Buy this morning as its

The Dow Jones transportation average strode ahead of the market with a 1.3% gain Monday, as truckers, airlines and air freight all posted strong gains. Truckers made the biggest moves after reports this weekend that Arkansas Best (ABFS) subsidiary Arkansas Best Freight reached a tentative agreement on a five-year contract with the Teamsters Union. The news sent Arkansas Best shares to a 40% gain and to their highest level since May. The stock

In trading on Monday, trucking shares were relative leaders, up on the day by about 4.8%. Leading the group were shares of Arkansas Best (ABFS), up about 28.4% and shares of YRC Worldwide (YRCW) up about 21.3% on the day.

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The markets opened mixed with the Dow slipping 7 points to 14,966 while Nasdaq gained 11 points to 3390 as investors took a breather after setting new records last week for the Dow and S&P 500.

ABF Freight System Inc. and the International Brotherhood of Teamsters reached a tentative 5-year labor agreement on Friday. The two parties, who only weeks ago seemed far apart on their demands, did not disclose the details of the deal. The Teamsters, who represent 7,500 ABF employees, said details will be announced after local unions ratify the agreement. ABF, a subsidiary of Fort Smith’s Arkansas Best Corp. (Nasdaq: ABFS), is the chief unionized rival of Overland Park less-than-truckload carrier…

Arkansas Best (NASDAQ: ABFS) rose 28.73% to $13.58 after the company's subsidiary reached a tentative agreement with Teamsters.

YRC Worldwide (NASDAQ: YRCW) climbed 26.03% to $13.80. YRC Worldwide posted a narrower Q1 loss.

Sypris Solutions (NASDAQ: SYPR) moved up 13.09% to $3.61. Sypris Solutions is

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On 5/3/13, Arkansas Best Corp. (ABFS) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 5/21/13.