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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]
In 2019, Knight-Swift settled a $100 million class-action lawsuit alleging the company failed to classify 20,000 owner-operator drivers as employees. Drivers were not paid the minimum hourly wage in accordance with the Fair Labor Standards Act and had their rights violated under the forced labor statute.
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]
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 ...
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.
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 ...
Employee turnover in long-haul trucking is notorious for being high. In the 4th quarter of 2005, turnover for the largest carriers in the industry reached a record 136%, which means that for every 100 new employees hired, 136 quit their jobs. This results in a "revolving door" within most long-haul trucking companies, as drivers are constantly ...
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 .