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Trucking companies of Canada (6 P) U. Trucking companies of the United States (1 C, 56 P, 1 F) This page was last edited on 16 January 2024, at 22:54 (UTC). Text is ...
The company was founded in 1925 by 20-year-old William W. "Woody" Callan as Central Forwarding Warehouse Company and mostly did local moves of household goods with a single Ford Model-T truck. Callan's experience was working for Sanger Brothers Dry Goods Company and Weathered Transfer and Storage Company which led to contacts he used to start ...
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.
A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi".. The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
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In 1991, the company became a public company via an initial public offering. [20] On January 24, 2022, ODFL became a Nasdaq-100 company, replacing Peloton Interactive on the index. [21] David Congdon, grandson of the company's founders, was named president and COO in 1997. Until May 2018, he served as the company's Vice Chairman and CEO.
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