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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 ...
ArcBest Corporation is an American holding company for truckload and less-than-truckload (LTL) freight, freight brokerage, household good moving, and transportation management companies. Historically, the company also owned furniture, banking, and other diverse subsidiaries. The company ranked fifteenth among for-hire carriers in the US for ...
The company was founded as Livingston Merchant's Co-op in 1958 and incorporated as Averitt Express in 1969. [ 2][ 3] Averitt is owned by Gary Sasser, who purchased the company from its original owner, Thurman Averitt, in October 1971 at the age of 20. At the time of Sasser's purchase, Averitt operated 3 trucks and 5 trailers. [citation needed]
LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time. [40] In 2022, XPO's CEO stated that the company operates in 99% of US zip codes. [ 41 ] As of March 2022 [update] , XPO produces new and re-manufactured trailers at a factory in Searcy, Arkansas .
History. GP Transco was founded on June 30, 2006, by Gedas Poviliunas, in Illinois. [4] The company was headquartered in Darien before moving to its new headquarters in Joliet, Illinois, in 2020. [5] [6] [7] In 2019, the company launched a program to reward its top fifty percent of drivers with a salary bonus each month based on fuel efficiency.
Yellow Corporation was an American transportation holding company headquartered in Overland Park, Kansas. Its subsidiaries included national less than truckload (LTL) carrier YRC Freight; regional LTL carriers New Penn, Holland, and Reddaway; and freight brokerage HNRY Logistics. [ 5] From 2006 to February 2021, Yellow was known as YRC Worldwide.
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