UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                                      
                        Washington, D.C.  20549-1004
                                      
                                  FORM 8-K
                               CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  February 27, 1996
                                                  (January 31, 1997)

                                      
                          ARKANSAS BEST CORPORATION
- -----------------------------------------------------------------------------
           (Exact name of registrant as specified in its charter)
                                      
                                      

        Delaware                   0-19969                 71-0673405
- ------------------------- -------------------------  ----------------------
     (State or other             (Commission              (IRS Employer
     jurisdiction of            File Number)           Identification No.)
    incorporation or
      organization)

                                      
                                      
                           3801 Old Greenwood Road
                         Fort Smith, Arkansas  72903
                               (501) 785-6000
- -----------------------------------------------------------------------------
 (Address, including zip code, and telephone number, including area code, of
                the registrant's principal executive offices)
                                      























Item 5.  Other Events.

On January 31, 1997, Arkansas Best Corporation's (the "Company") existing
Credit Agreement with Societe Generale, Southwest Agency as Managing Agent
and Administrative Agent, NationsBank of Texas, N.A., as Documentation Agent,
and certain other banks was amended.

Also, on January 31, 1997, the Company's existing $30,000,000 Credit
Agreement with Societe Generale, Southwest Agency as Agent and certain other
banks was amended.

Item 7. Financial Statements and Exhibits.

(a)  Financial statements of businesses acquired.

     None

(b)  Pro forma finacial information.

     None

(c)  Exhibits

 Exhibit 10.1    First Amendment dated as of January 31, 1997 to
                 the $346,971,321 Amended and Restated Credit
                 Agreement dated as of February 21, 1996 among
                 Arkansas Best Corporation as the Borrower,
                 Societe Generale, Southwest Agency as Managing
                 Agent and Administrative Agent, NationsBank of
                 Texas, N.A. as Documentation Agent and the
                 Banks named herein as the Banks
                 
 Exhibit 10.2    First Amendment dated as of January 31, 1997 to
                 the $30,000,000 Credit Agreement dated as of
                 February 21, 1996 among Arkansas Best
                 Corporation as the Borrower, Societe Generale,
                 Southwest Agency as Agent, and the Banks named
                 herein as the Banks
                 





















                                 SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                            ARKANSAS BEST CORPORATION
                                                  (Registrant)
                                      
Date:  February 27, 1997              /s/ Donald L. Neal
      -------------------             ------------------------------------
                                      Donald L. Neal - Senior Vice
                                      President - Chief Financial Officer,
                                      and Principal Accounting Officer














































                                EXHIBIT INDEX

                                       
 Exhibit                               
 Number                             Exhibit
- ---------                          --------
          
 Exhibit  First Amendment dated as of January 31, 1997 to the
  10.1    $346,971,321 Amended and Restated Credit Agreement dated
          as of February 21, 1996 among Arkansas Best Corporation as
          the Borrower, Societe Generale, Southwest Agency as
          Managing Agent and Administrative Agent, NationsBank of
          Texas, N.A. as Documentation Agent and the Banks named
          herein as the Banks
          
 Exhibit  First Amendment dated as of January 31, 1997 to the
  10.2    $30,000,000 Credit Agreement dated as of February 21, 1996
          among Arkansas Best Corporation as the Borrower, Societe
          Generale, Southwest Agency as Agent, and the Banks named
          herein as the Banks