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CRST The Transportation Solution, Inc. (formerly CRST International) is an American freight company based in Cedar Rapids, Iowa. [4]Founded in 1955 by Herald and Miriam Smith, it is a privately held company with a current fleet of more than 30,000 transportation service providers, 6,000 drivers, [5] and annual revenues of $1.5 billion.
By Ryan J. Foley A trucking company will pay $50,000 to settle a sexual harassment lawsuit, a token payment to avoid trial in a closely watched case that has sharply limited the government's ...
The trucking industry (especially the long-haul sector) is also facing an image crisis due to the long working hours, long periods of time away from home, the dangerous nature of the work, and lower earnings than other labor (for example, 1% lower than construction in 2004). [80] Employee turnover in
In December 2003 Yellow Corporation, at the time the second largest LTL carrier in the US, acquired the largest, Roadway Corporation, for US$1.05 billion. [13] [14] Roadway had been spun off from its former parent, holding company Roadway Services Inc. (RSI), in 1995 and operated as an independent, publicly traded company since then.
CRST International Inc. announced it has acquired Edison, New Jersey-based final-mile logistics provider NAL Group.NAL Group consists of warehousing service and final-mile logistics provider North ...
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.
The Hired Truck Program was a scandal-plagued program in the city of Chicago that involved hiring private trucks to do city work. It was overhauled in 2004 (and phased out beginning in 2005) after an investigation by the Chicago Sun-Times revealed that some participating companies were being paid for doing little or no work, had mob connections, or were tied to city employees.
The trucking industry was deregulated in the 1970s, encouraging independent truck drivers and small companies to find extra loads rather than returning empty. Jubitz noticed drivers hanging around his truck stop after the usual meal and shower, hoping to find a load.
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