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A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi".. The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
The name Swift Transportation was purchased from a descendant of the Swift Meat Packing family, when the Moyes family bought the trucking assets of Swift & Company. The three Moyes family members and a fourth partner, Randy Knight, grew the business to $25 million in annual revenues by 1984.
The International Registration Plan (IRP) is a truck registration reciprocity agreement between the contiguous United States and Canadian provinces that provides apportioned payments of registration fees, based on the total distance operated in participating jurisdictions, to them.
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Roadway Express, Inc. was an American less than truckload (LTL) trucking company. Roadway Express and its holding company, Roadway Corporation, were acquired by logistics holding company Yellow Corporation in 2003, and the parent companies were merged to form Yellow Roadway Corporation, later renamed YRC Worldwide.
In 2015, the company connected its shipping and logistics services to expand into less-than-truckload markets; it acquired the company Freightquote, a privately owned online transportation broker. [25] [30] C.H. Robinson acquired Prime Distribution Services on January 28, 2020, for $225 million. [31]
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