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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.
Caliber System Inc., known until 1996 as Roadway Services Inc., was a transportation holding company based in Akron, Ohio, United States.During its history, Caliber owned a number of logistics companies including Roadway Express, Viking Freight and Roadway Package System (RPS) among others.
FedEx Ground, a subsidiary of the FedEx Corporation, is an American ground package delivery company headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh.The company began as Roadway Package System (RPS), founded in 1985 by transportation company Roadway Services Inc., later renamed Caliber System.
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With slim margins in the LTL industry, this meant Roadway Express, despite representing over 40% of RSI's US$5 billion annual revenue, [18] was less profitable than its sibling carriers. [16] The situation was brought to a head in 1994 when a 24-day Teamsters strike resulted in Roadway Express losing US$68 million for the quarter. [16]
The largest percentage of US freight is carried by trucks (60%), followed by pipelines (18%), rail (10%), ship (8%), and air (0.01%). [10] Other modes of transportation, such as parcels and intermodal freight accounted for about 3% of the remainder. Air freight is commonly used only for perishables and premium express shipments.
USF Reddaway Inc. (which did business as Reddaway) was an American less than truckload (LTL) trucking company based in Tualatin, Oregon.Reddaway was a subsidiary of transportation and logistics holding company Yellow Corporation (formerly known as YRC Worldwide) and operated in the Western United States as well as British Columbia, Alaska, and Hawaii.