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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."
A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3]Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
Old Dominion Steamship Company, also referred to as the Old Dominion Line, was a major cargo and passenger shipping company founded in 1867 [1] in Norfolk, Virginia. [ 2 ] [ 3 ] [ 4 ] History
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A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi".. The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
In December 2003 Yellow Corporation, at the time the second largest LTL carrier in the US, acquired the largest, Roadway Corporation, for US$1.05 billion. [13] [14] Roadway had been spun off from its former parent, holding company Roadway Services Inc. (RSI), in 1995 and operated as an independent, publicly traded company since then.
By 1991, RSI was the third largest freight carrier in the US [6] and joined the Dow Jones Transportation Average, replacing Pan Am. [7] The following year, Roadway began serving Canada. [ 3 ] By the mid 1990s, RSI had organized its regional LTL holdings, which now included acquisitions Central Freight Lines and Cole's Express, into the Roadway ...
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