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On July 5, 2021, the largest truckload carrier in the US, Phoenix, Arizona-based Knight-Swift Transportation Holdings, acquired AAA Cooper for US$1.35 billion. ACT CEO Reid Dove was appointed to the Knight-Swift board with ACT continuing under its own brand from its existing headquarters as a subsidiary of Knight-Swift. [4] Knight-Swift is the ...
The Standard Carrier Alpha Code, a two-to-four letter identification, is used by the transportation industry to identify freight carriers in computer systems and shipping documents such as Bill of Lading, Freight Bill, Packing List, and Purchase Order.
It is a unique ID number or code assigned to a package or parcel. The tracking number is typically printed on the shipping label as a bar code that can be scanned by anyone with a bar code reader or smartphone. In the United States, some of the carriers using tracking numbers include UPS, [1] FedEx, [2] and the United States Postal Service. [3]
Knight-Swift Transportation Holdings Inc. (KNX) completed the acquisition of AAA Cooper Transportation for an enterprise value of $1.35 billion and will firmly position KNX in the less-than ...
This was followed within a year by an interline agreement with AAA Cooper, a Southern US regional LTL carrier as well as beginning service to Canada. [11] Pitt Ohio also added service to Detroit, Michigan [12] and Chicago in the early 2000s. [13] The company added truckload brokerage, provided via KDL, and intermodal divisions in 2002. [14]
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XPO has acquired a number of logistics businesses in North America and overseas. [13] Some notable acquisitions include: 3PD, Inc. (August 2013), Pacer International, Inc. (March 2014), Norbert Dentressangle SA (April 2015) and Con-way Inc. (October 2015). XPO paid US$3.56 billion, which included acquired debt, for European transport company ...