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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]
XPO, Inc. XPO, Inc. is an American transportation company that conducts less-than-truckload shipping in North America. [7] [8] [9] The company has headquarters in Greenwich, Connecticut, US and 564 locations globally. [1]
The company was founded as Livingston Merchant's Co-op in 1958 and incorporated as Averitt Express in 1969. [2] [3] Averitt is owned by Gary Sasser, who purchased the company from its original owner, Thurman Averitt, in October 1971 at the age of 20. At the time of Sasser's purchase, Averitt operated 3 trucks and 5 trailers. [citation needed]
Old Dominion Freight Line (NAS: ODFL) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see. The 10-second takeawayComparing the upcoming quarter with the prior-year ...
Old Dominion Freight Line Reports Fourth-Quarter Earnings of $0.46 Per Diluted Share on Revenue of $527.3 Million Fourth-Quarter Operating Ratio of 87.2% THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old ...
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. 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 trucks.
In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
R+L Carriers is a privately owned American freightshipping company based in Wilmington, Ohio, which grew over the course of 50 years from one truck to a fleet of 21,000 tractors and trailers. [1] The company serves all 48 contiguous American states plus Canada, Puerto Rico, the U.S. Virgin Islands, and the Dominican Republic .