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It provided services to 38% of the Fortune 500 companies, among 2,500 corporate clients worldwide. It had 760 moving agents; these agents had a fleet size of 7,800 vehicles. [2] During February 2008, the company entered bankruptcy and re-organized, emerging in May 2008 as a private company. [3]
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.
On November 21, 1999, Clayton, Dubilier and Rice also completed their acquisition of Allied Van Lines and merged it with North American Van Lines to create Allied Worldwide, although each former company maintained its own profile names. Valued at approximately US$450 million in the merger, the Allied Worldwide combined entity became the world's ...
As you've probably heard by now, YRC Worldwide recently made its case for why its Teamster union employees should accept cuts to their wages and benefits. As CEO James Welch so delicately put it ...
A more than 100-year-old Wichita company has filed for Chapter 11 bankruptcy to restructure the business and potentially bring in new partners. Amid bankruptcy filing, Pioneer Balloon owners find ...
Graebel Companies, Inc., with global headquarters in Aurora, Colorado, is an American privately held company that provides corporate relocation services, offering end-to-end assignment management solutions [clarification needed], policy consulting [clarification needed], and administration of global mobility programs.
Wheaton World Wide Moving is a moving and storage company based in Indianapolis, Indiana, with more than 250 authorized agents. It handles household moving, corporate relocation, international shipping, military and government relocation and special commodity shipments.
Both Jones and his company, Free Speech Systems, filed for bankruptcy reorganization after he lost two lawsuits and was ordered to pay $1.5 billion to relatives of victims of the 2012 Sandy Hook