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Covenant began operations on January 2, 1986, [2] by founders David and Jacqueline Parker, with 25 trucks and 50 trailers. The company now jointly operates over 3,000 trucks and 7,000 trailers with sister companies Southern Refrigerated Transport, Inc. (Texarkana, Arkansas), Star Transportation Inc. (La Vergne, Tennessee) and Landair Transportation, Inc. (Greeneville, Tennessee).
[43] [44] During wind-down of CFL operations, Richmond, Virginia-based LTL carrier Estes Express Lines expressed interest directly to CFL in hiring many of CFL's drivers and made offers for some CFL equipment. [45] CFL's failure was the largest trucking industry closure since the shutdown of truckload carrier Celadon Group in 2019. According to ...
Hub Group, Inc. is a transportation and logistics management company in North America. A publicly traded company with over $5 billion in revenue, [3] Hub Group was founded in 1971 by Phillip Yeager, and is currently run by his grandson, Phillip D. Yeager. [4] The company went public in 1996, [5] and is headquartered in Oak Brook, Illinois. [6]
The trucking industry employs 10 million people (out of a total national population of 300 million) [51] in jobs that relate directly to trucking. The trucking industry is the industry of small business, considering 93 percent of interstate motor carriers (over 500,000) operate 20 or fewer trucks. [52]
Roehl Transport, Inc. is an American trucking company based in Marshfield, Wisconsin.The company provides national transportation and logistics services. It ranked 73rd on the Transport Topics Top 100 For-Hire list of US and Canadian freight carriers by revenue for 2021 with an estimated $450 million in revenue for the previous year.
The company was founded in April 2012 by former Morgan Stanley investment bankers Kevin Marchetti and Adam Forste, who formed Bay Grove Capital, LLC, through the consolidation of acquired warehousing and logistics companies beginning, in December 2008, with the purchase of Seafreeze from Toyo Susian Kaisha. [10]
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