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The National Motor Freight Traffic Association, Inc. (NMFTA)™ is a nonprofit membership organization headquartered in Alexandria, Virginia.Since 1956, NMFTA has represented the interests of the less-than-truckload (LTL) motor carrier industry, and for-hire interstate and intrastate carriers.
Old Dominion Freight Line’s premium service has earned the company the MASTIO Quality Award for national less-than-truckload (LTL) carriers for an unprecedented 12th consecutive year.
In 1957, Old Dominion extended its operations to most major markets in North Carolina and southern Virginia. Five years later, in 1962, the company relocated its headquarters to High Point, North Carolina and merged with Bottoms-Fiske trucking company. [20] [7] Between 1969 and 1979, the company acquired several competing trucking lines.
Knight-Swift expanded from its core truckload market into less than truckload (LTL) freight in July 2021 when it acquired southeastern regional LTL firm AAA Cooper Transportation for US$1.35 billion. [8] In July 2024, Knight-Swift acquired Dependable Highway Express, Inc., a LTL carrier out of Los Angeles. [9]
This pushed Arkansas-Best's operations all the way to California and increased its rank from the 25th largest interstate motor freight carrier in the US to ninth. [ 7 ] 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 ]
LTL carriers prefer a shipment of one pallet containing many boxes shrink wrapped to form one piece rather than many individual pieces. This reduces handling costs and the risk of damage during transit. Typically, the per-pound rates of LTL carriers are less than the per-pound rates of parcel carriers. [5]
BofA Securities analyst Ken Hoexter reiterated a Buy rating on FedEx Corporation (NYSE:FDX), raising the price forecast to $348 from $325. Yesterday, the company reported adjusted earnings of $4. ...
Western Express (officially Western Express, Inc.) is an American logistics company based in Nashville, Tennessee.It is a privately owned company founded in 1991. [1]The company has grown and has over 2000 trucks and 6000 trailers. [1]
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