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Landstar System, Inc. is a transportation services company specializing in logistics and more specifically third-party logistics.Landstar also utilizes an extensive network of more than 11,000 independent owner operators, referred to internally as BCO's (business capacity owners).
The Owner-Operator Independent Drivers Association (OOIDA), a group that represents independent trucking owner-operators, has been a key force behind the new regulations. While the final rules in MAP-21 fell short of the OOIDA's wishes, Todd Spencer, executive vice president of the organization, praised them as a "win-win" for truckers and ...
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.
In October 2019, Roadie and Delta Cargo launched DASH Door-to-Door, a 24/7 door-to-door pick-up and delivery service. Roadie handles the first and last mile and Delta manages the line haul via passenger flights. [19] The service launched originally from Atlanta to 55 cities and is an industry-first for a US commercial airline. [28]
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On July 5, 1966 Spedco Inc., a subsidiary of PepsiCo Inc., applied to the Interstate Commerce Commission to purchase NAVL for about US$22 million in PepsiCo stock. On August 29, 1967 the ICC examiner recommended the acquisition of NAVL by Spedco Inc, and on November 27, 1968 NAVL was acquired by Spedco Inc., which had Kenneth W. Maxfield as its Executive Vice President.
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