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On July 5, 1966 Spedco Inc., a subsidiary of PepsiCo Inc., applied to the Interstate Commerce Commission to purchase NAVL for about US$22 million in PepsiCo stock. On August 29, 1967 the ICC examiner recommended the acquisition of NAVL by Spedco Inc, and on November 27, 1968 NAVL was acquired by Spedco Inc., which had Kenneth W. Maxfield as its Executive Vice President.
This pushed Arkansas-Best's operations all the way to California and increased its rank from the 25th largest interstate motor freight carrier in the US to ninth. [ 7 ] 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 ]
BlueGrace Logistics was established in 2009 as a full-service 3PL by President and CEO Bobby Harris. The corporate office was initially located in Apollo Beach, Florida and was later moved to Riverview to accommodate its hyper-growth. [4]
According to new research from Blue Yonder, the digital supply chain and omnichannel commerce fulfillment company, convenient, efficient fulfillment are top priorities as they look to enhance ...
In 2021 LaserShip acquired west coast delivery service OnTrac Logistics, Inc. for $1.3 billion, equivalent to $1.51 billion in 2024. [6] The two entities merged their delivery networks to form a transcontinental delivery network and rebranded their combined services to OnTrac.
For example, a North Carolina shipper with a large quantity of shipments bound for Western US States (for example, California, Nevada, Oregon, Washington, and Idaho) may be able to realize significant cost savings by having a FTL carrier, known as a linehaul carrier, transport the freight to a break-bulk facility in a central location near the ...
Contract Freighters, Inc (CFI) was founded in 1951 in Joplin, Missouri by Roy Reed and Ursull Lewellan. The company began with one tractor and two trailers, [1] and generated revenues of $12,000 during its first year.
OnTrac Logistics, Inc., was a privately held logistics company that contracted regional shipping services in the Western United States. In 2021, OnTrac Logistics was acquired by East Coast delivery firm LaserShip for $1.3 billion; the combined business's branding was later reverted to OnTrac.
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