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Saia is an American less than truckload (LTL) trucking company that originated in Houma, Louisiana, in 1924.With original operation occurring in Louisiana and Texas for the first fifty years, expansion came after 1980 when coverage began reaching into more states within the South.
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 ...
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.
Later in the month, Susquehanna raised its price target on Saia to $585, implying an upside of 30% in the stock as it said a lack of price war in the industry would benefit the company even though ...
Knight Transportation was founded in 1990 by four cousins: brothers Randy and Gary Knight, and brothers Kevin and Keith Knight. The four cousins worked for Swift Transportation, also based in Phoenix, and Randy was even a part-owner in Swift when Jerry Moyes bought out his interest.
Central Freight Lines Inc. (CFL) was an American regional less-than-truckload (LTL) company headquartered in Waco, Texas and serving the Southeastern and Southwestern United States. [2] For much of its history it was the largest and longest tenured freight carrier in Texas [ 3 ] and in 2021 ranked 21st on Transport Topics top LTL carriers in ...
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