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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]
Standard Carrier Alpha Code. The Standard Carrier Alpha Code (SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records.
In July, Old Dominion, long considered to be among the best operators, delivered quarterly results that helped put investors at ease. The company earned $1.48 per share on sales of $1.5 billion, a ...
USF Reddaway was founded in June 1919 by William Arthur "Art" Reddaway (1888–1957) as Reddaway's Truck Line, Inc. in Oregon City, Oregon with one Ford Model T truck. [3][4] He managed the company with his wife, Ethel May Joslin Reddaway (1886–1956). His son, Walter Wayne “Walt” Reddaway (1915–1979), later succeeded him and led the ...
Last quarter, Old Dominion Freight Line notched revenue of $532.6 million. GAAP reported sales were 7.1% higher than the prior-year quarter's $497.1 million. Source: S&P Capital IQ. Quarterly periods.
Old Dominion Freight Line (NAS: ODFL) reported earnings on April 25. Here are the numbers you need to know. The 10-second takeaway For the quarter ended March 31 (Q1), Old Dominion Freight Line ...
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. The Florence facility was opened in September 1953 where Bill Cassels, Jr. operated one of three ...
Arkansas-Best changed its name to ABF Freight System Inc. in 1980 [7] and, by 1981, was the eighth largest trucking company in the US operating 106 terminals. [6] It acquired East Texas Motor Freight Lines, a subsidiary of Bright Industries Inc., in 1982, a move which added 44 new terminal cities increasing ABF's reach to a total of 158, [9 ...