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                                                                      EXHIBIT 5
                                      LOGO
 
                                 July 14, 1995
 
Dear Shareholder:
 
     We are pleased to report that on July 8, 1995, WorldWay Corporation entered
into an Agreement and Plan of Merger with Arkansas Best Corporation and one of
its subsidiaries, ABC Acquisition Corporation, which provides for the
acquisition of WorldWay Corporation common stock at a price of $11.00 per share
in cash. Under the terms of the Agreement, ABC Acquisition will commence a
tender offer for all outstanding shares of WorldWay common stock at $11.00 per
share. Subject to successful completion of the tender offer, and satisfaction of
certain conditions in the Agreement, ABC Acquisition will be merged into
WorldWay and all shares not purchased in the tender offer (other than shares
held by Arkansas Best Corporation, ABC Acquisition, or WorldWay, or any of their
respective subsidiaries, or dissenting shareholders) will be converted into the
right to receive $11.00 per share in cash in the merger.
 
     Your Board of Directors has unanimously approved the offer and determined
that the terms of the offer and the merger are fair to and in the best interest
of WorldWay shareholders. Accordingly, the Board of Directors unanimously
recommends that all WorldWay shareholders accept the offer and tender their
shares.
 
     In arriving at its recommendation, the Board of Directors gave careful
consideration to a number of factors. These factors included the opinion of
Donaldson, Lufkin & Jenrette Securities Corporation, financial advisor to
WorldWay, that the consideration of $11.00 per share to be received by the
common shareholders pursuant to the offer and the merger is fair to such common
shareholders from a financial point of view.
 
     Accompanying this letter is a copy of the Company's
Solicitation/Recommendation Statement on Schedule 14D-9. Also enclosed is ABC
Acquisition's Offer to Purchase and related materials, including a Letter of
Transmittal for use in tendering shares. We urge you to read the enclosed
materials carefully.
 
     If you hold shares in the Dividend Reinvestment Plan, you may tender all or
a portion of them by checking the appropriate box under the caption "Tender of
Dividend Reinvestment Plan Shares" in the Letter of Transmittal.
 
     The management and directors of WorldWay thank you for the support you have
given the Company.
 
     On behalf of the Board of Directors,
 
                                          Sincerely,
 
                                          [SIG]

                                          Lary R. Scott,
                                          Chairman of the Board and
                                          Chief Executive Officer
 
   400 Two Coliseum Centre, 2400 Yorkmont Road - Charlotte, NC 28217 - 
                              (704) 329-0123
                   P.O. Box 31308 - Charlotte, NC 28231-1308