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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 ...
The company was formed in 1966 as Arkansas Best Corporation by Robert A. Young, owner of LTL carrier Arkansas-Best Freight System (now ABF Freight System), [2] to be that carrier's holding company as a way to facilitate diversification. [3] Young remained the company's chairman until his death in 1973. [4]
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The company remained small until 1952, when an ownership group led by George E. Powell Sr. bought the freight company. During this time, Yellow helped pioneer the concept of consolidating small freight shipments into trailer loads. In 1968, the company name was changed from Yellow Transit Freight Lines to Yellow Freight System Inc.
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Estes expanded beyond its core LTL services in 2003 by founding an air freight division [5] and in 2012 by establishing a division offering supply chain service for business-to-business (B2B) and business-to-consumer (B2C) logistics called Level 2 Logistics. The company also launched the Estes SureMove division, an alternative to full-service ...
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