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CRST The Transportation Solution, Inc. (formerly CRST International) is an American freight company based in Cedar Rapids, Iowa. [4]Founded in 1955 by Herald and Miriam Smith, it is a privately held company with a current fleet of more than 30,000 transportation service providers, 6,000 drivers, [5] and annual revenues of $1.5 billion.
The National Motor Freight Traffic Association, Inc. (NMFTA)™ is a nonprofit membership organization headquartered in Alexandria, Virginia.Since 1956, NMFTA has represented the interests of the less-than-truckload (LTL) motor carrier industry, and for-hire interstate and intrastate carriers.
Total Quality Logistics (TQL) is a North American freight brokerage and third-party logistics firm. [4] It was founded in 1997 by Ken Oaks in Cincinnati, and is headquartered in nearby Union Township, Clermont County, Ohio, United States.
LTL carriers prefer a shipment of one pallet containing many boxes shrink wrapped to form one piece rather than many individual pieces. This reduces handling costs and the risk of damage during transit. Typically, the per-pound rates of LTL carriers are less than the per-pound rates of parcel carriers. [5]
In 1957, Old Dominion extended its operations to most major markets in North Carolina and southern Virginia. Five years later, in 1962, the company relocated its headquarters to High Point, North Carolina and merged with Bottoms-Fiske trucking company. [20] [7] Between 1969 and 1979, the company acquired several competing trucking lines.
By 2018, truckload carrier Motor Carrier Services (MCS) and LTL carrier Ross Express were also under the same ownership as Pitt Ohio [20] as well as technology company Logiflow. [citation needed] In 2021, Pitt Ohio sold its interests in ECM, MCS, and Palmetto State Transportation. [20] In July 2022, Pitt Ohio acquired all assets from Teal Express.
BofA Securities analyst Ken Hoexter reiterated a Buy rating on FedEx Corporation (NYSE:FDX), raising the price forecast to $348 from $325. Yesterday, the company reported adjusted earnings of $4. ...
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.
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