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The trucking industry employs 10 million people (out of a total national population of 300 million) [ 51 ] in jobs that relate directly to trucking. The trucking industry is the industry of small business, considering 93 percent of interstate motor carriers (over 500,000) operate 20 or fewer trucks. [ 52 ]
Starting in 1910, the development of a number of technologies gave rise to the modern trucking industry. With the advent of the gasoline-powered internal combustion engine, improvements in transmissions, the move away from chain drives to gear drives, and the development of the tractor/semi-trailer combination, shipping by truck gained in popularity. [1]
The company was founded near Chase City, Virginia, by cotton farmer Webb Wallace ("W.W.") Estes (1897–1971). Estes started providing livestock moving services for local farmers in 1931 [4] with a used Chevrolet truck. By 1932 the trucking business was also hauling general freight and provided enough revenue for Estes to hire his first driver.
Penske Corporation. Penske Corporation, Inc. (/ pɛn.skiː /) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president. Penske operates in the automotive retail, truck leasing ...
Footnotes / references[ 2 ][ 3 ] Old Dominion Freight Line, Inc. (ODFL) is an American regional, inter-regional and national less than truckload shipping (LTL) company. In addition to its core LTL services, the company offers expedited, logistics and household moving services. [ 4 ][ 5 ] The company has five primary product groups: Domestic ...
J.B. Hunt Transport Services, Inc. J.B. Hunt truck on Ohio Turnpike in Hudson, Ohio. J.B. Hunt Transport Services, Inc. is an American transportation and logistics company based in Lowell, Arkansas. It was founded by Johnnie Bryan Hunt and Johnelle Hunt in Arkansas on August 10, 1961. By 1983, J.B. Hunt had grown into the 80th largest trucking ...
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