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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.
Roadway Services Inc. (RSI) was created in 1982 [1] as a holding company by national less than truckload (LTL) carrier Roadway Express. Roadway Express was initially RSI's only subsidiary but in 1984 the company acquired short-haul carrier Spartan Express Inc., then specialized truckload carrier Nationwide Carriers Inc., and finally in 1984, it ...
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.
The purchase included Roadway's national operation, Roadway Express, northeast regional LTL subsidiary, New Penn, and Canadian LTL operation, Reimer Express. A new holding company, Yellow Roadway Corporation, was formed based at Yellow's headquarters in Overland Park to serve as the parent company for both Roadway Corp. and Yellow Corp. [15]
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]
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.
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Reimer continued as an independent subsidiary of Roadway and Roadway's Canadian operations were shut down and merged into Reimer's. [17] At the time, Reimer was the second largest trucking company in Canada at CA$117 million revenue in 1996 and Roadway was the second largest in the United States with revenues of about US$2.3 billion trailing ...