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Old Dominion Freight Line, Inc. traces its origins to 1934 when husband and wife Earl Congdon Sr. and Lillian Congdon (née Herbert) founded the company with a single straight truck running between Richmond and Norfolk, Virginia. [7] [8] The name is a reference to a common nickname for the Commonwealth of Virginia, the "Old Dominion". [9]
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Saia began in 1924 in Houma, Louisiana by Louis Saia Sr. Louis was a produce dealer who realized that there was more success in delivering produce rather than selling it. The first Saia truck was his car with the rear seats removed. By 1970, Saia expanded and established terminals in Texas and Louisiana. Saia became one of the largest regional ...
Southeastern Freight Lines was founded in 1950 by William T. Cassels in Lexington, South Carolina. The company first had 14 trucks and 20 employees with a $5,000 loan. [4] In 1975 W. T. "Bill" Cassels, Jr. became President of Southeastern Freight.
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The heavy selling pressure might have exhausted for Old Dominion (ODFL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ...
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