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The National Motor Freight Traffic Association, Inc. (NMFTA)™ is a nonprofit membership organization headquartered in Alexandria, Virginia.Since 1956, NMFTA has represented the interests of the less-than-truckload (LTL) motor carrier industry, and for-hire interstate and intrastate carriers.
Total Quality Logistics (TQL) is a North American freight brokerage and third-party logistics firm. [4] It was founded in 1997 by Ken Oaks in Cincinnati, and is headquartered in nearby Union Township, Clermont County, Ohio, United States.
Estes expanded beyond its core LTL services in 2003 by founding an air freight division [5] and in 2012 by establishing a division offering supply chain service for business-to-business (B2B) and business-to-consumer (B2C) logistics called Level 2 Logistics. The company also launched the Estes SureMove division, an alternative to full-service ...
Knight-Swift expanded from its core truckload market into less than truckload (LTL) freight in July 2021 when it acquired southeastern regional LTL firm AAA Cooper Transportation for US$1.35 billion. [8] In July 2024, Knight-Swift acquired Dependable Highway Express, Inc., a LTL carrier out of Los Angeles. [9]
BofA Securities analyst Ken Hoexter reiterated a Buy rating on FedEx Corporation (NYSE:FDX), raising the price forecast to $348 from $325. Yesterday, the company reported adjusted earnings of $4. ...
In 1957, Old Dominion extended its operations to most major markets in North Carolina and southern Virginia. Five years later, in 1962, the company relocated its headquarters to High Point, North Carolina and merged with Bottoms-Fiske trucking company. [20] [7] Between 1969 and 1979, the company acquired several competing trucking lines.
LTL carriers prefer a shipment of one pallet containing many boxes shrink wrapped to form one piece rather than many individual pieces. This reduces handling costs and the risk of damage during transit. Typically, the per-pound rates of LTL carriers are less than the per-pound rates of parcel carriers. [5]
FedEx bought Lakeland, Florida-based national LTL carrier Watkins Motor Lines in 2006 and renamed it FedEx National LTL. All three operated as an independent subsidiaries of FedEx Freight [ 26 ] until January 2010 when they were merged with their parent to form a single entity, FedEx Freight Inc. [ 27 ] The unit is the parent of:
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