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This meant it as the 29th largest LTL carrier and 84th largest trucking company overall nationwide by revenue despite its tight regional focus. [7] By 1998, Pitt Ohio was handling 6,500 shipments daily from 12 terminals and had 800 drivers operating 928 trailers and 742 power units, 40% straight trucks and the remainder semi tractors , serving ...
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Roadway Express, Inc. was an American less than truckload (LTL) trucking company. Roadway Express and its holding company, Roadway Corporation, were acquired by logistics holding company Yellow Corporation in 2003, and the parent companies were merged to form Yellow Roadway Corporation, later renamed YRC Worldwide.
In December 2003 Yellow Corporation, at the time the second largest LTL carrier in the US, acquired the largest, Roadway Corporation, for US$1.05 billion. [13] [14] Roadway had been spun off from its former parent, holding company Roadway Services Inc. (RSI), in 1995 and operated as an independent, publicly traded company since then.
USF Reddaway truck. In 1992, TNT spun off its US trucking operations, renamed TNT Freightways Corp., expecting to raise US$240 million in a stock float of 80% of the company. [8] At the time, the offering turned out to be the largest trucking company IPO in US history at US$280 million. The new company held six regional LTL carriers, including ...
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Arkansas-Best changed its name to ABF Freight System Inc. in 1980 [7] and, by 1981, was the eighth largest trucking company in the US operating 106 terminals. [6] It acquired East Texas Motor Freight Lines, a subsidiary of Bright Industries Inc., in 1982, a move which added 44 new terminal cities increasing ABF's reach to a total of 158, [ 9 ...
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