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In 2001, Roadway Express again established a holding company for itself, this time called Roadway Corporation. [1] The same year, Roadway Corp. acquired Lebanon, Pennsylvania -based Arnold Industries and its subsidiaries regional LTL carrier New Penn Motor Express , truckload carrier Arnold Transportation Services, and logistics services ...
In the end, the strike lasted 24 days [2] and, according to the RSI, resulted in losses of US$68 million for the quarter at Roadway Express. [12] The strike at Roadway Express highlighted the division's profitability imbalance when compared to RSI's non-union carriers. At the time, Roadway Express contributed over 40% of the parent company's US ...
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.
The new contract comes after a tumultuous period with RATP Dev USA, the company that currently employs Charlotte’s bus drivers.
With slim margins in the LTL industry, this meant Roadway Express, despite representing over 40% of RSI's US$5 billion annual revenue, [18] was less profitable than its sibling carriers. [16] The situation was brought to a head in 1994 when a 24-day Teamsters strike resulted in Roadway Express losing US$68 million for the quarter. [16]
The Surface Transportation Assistance Act of 1982 was a comprehensive transportation funding and policy act of the United States Federal Government, 96 Stat. 2097.The legislation was championed by the Reagan administration to address concerns about the surface transportation infrastructure (highways and bridges).
The related term busway describes a roadway completely dedicated for use by buses, whilst bus gate describes a short bus lane often used as a short cut for public transport. Bus lanes are a key component of a high-quality bus rapid transit (BRT) network, improving bus travel speeds and reliability by reducing delay caused by other traffic.
The Greater Cleveland Regional Transit Authority (officially the GCRTA, but historically and locally referred to as the RTA) is the public transit agency for Cleveland, Ohio, United States and the surrounding suburbs of Cuyahoga County. RTA is the largest transit agency in Ohio, with a ridership of 22,431,500, or about 78,200 per weekday as of ...