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TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. [1] The company was founded in 1935 as Overnite Transportation, [2] the name it used until 2006 when it was rebranded UPS Freight by new owner UPS.
By 1994, the company had grown to 525 trailers, 450 tractors, and 1,000 employees in 10 terminals. [4] As it expanded, its revenue grew from $6.9 million in 1984 to $138 million in 1997. This meant it as the 29th largest LTL carrier and 84th largest trucking company overall nationwide by revenue despite its tight regional focus. [7]
The audit activity and the resultant motor carrier safety rating has been criticized for being imperfect, and perhaps misleading. Studies [2] [3] have shown that for a considerable number of audit items, correlation coefficients between audit item outcome and actual safety performance have counter-intuitive signs: the better the compliance rating of firms, the worse their accident rates.
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The STB has the authority to regulate rates, service, construction, acquisition, railbanking and abandonment of rail lines, carrier mergers, and traffic interchanges. The STB also has oversight of pipeline carriers, intercity bus carriers, moving van companies, trucking companies involved in collective activities, and water carriers engaged in non-contiguous domestic trade.
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One of the clearest signs of booming economic demand was the number of job openings posted by U.S. companies. At the peak in March 2022, there were a whopping 12.2 million openings, which ...