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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]
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.
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 ...
Knight-Swift. Knight Transportation truck in 2008. Knight-Swift Transportation Holdings Inc. (referred to as Knight-Swift) is a publicly traded, American motor carrier holding company based in Phoenix, Arizona. It is the fourth largest trucking company in the United States. [2]
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 ...
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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 ...
Consolidated Freightways (CF) was an American multinational less-than-truckload (LTL) freight service and logistics company founded on April 1, 1929, in Portland, Oregon, and later relocated to Vancouver, Washington. Affectionately known as "CornFlakes", Consolidated Freightways was also the founder of the Freightliner line of heavy trucks, now ...