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Central Freight Lines
Central Freight Lines Inc. (CFL) is an American regional less-than-truckload (LTL) company headquartered in Waco, Texas and serving the Southeastern and Southwestern United States. For much of its history it was the largest and longest tenured freight carrier in Texas and in 2021 ranked 21st on ''Transport Topics'' top LTL carriers in the US with estimated revenues of . On December 11, 2021 CFL announced it would be ceasing operations with final freight pickups on December 13 followed by a full wind-down of the company. History Founding and early growth The company was founded in 1925 by 20-year-old William W. "Woody" Callan as Central Forwarding Warehouse Company and mostly did local moves of household goods with a single Ford Model-T truck. Callan's experience was working for Sanger Brothers Dry Goods Company and Weathered Transfer and Storage Company which led to contacts he used to start the business. The company incorporated in 1927 and by 1928 was running regular r ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ...
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Swift Transportation
Swift Transportation is a Phoenix, Arizona-based American truckload motor shipping carrier, part of Knight-Swift. With over 23,000 trucks, it is the largest common carrier in the United States. In 2017, Swift merged with Knight Transportation, also of Phoenix, effective September 8, 2017. History Carl Moyes was a truck driver hauling produce for C.R. England in the 1940s out of northern Utah.Demoss, Jeff. - "Four major trucking firms have roots in Plain City". - ''Ogden Standard-Examiner''. - January 30, 2005. - Retrieved: 2008-07-30 In the late 1950s Betty and Carl Moyes started a small trucking company in Plain City, Utah, B & C Truck Leasing. After their son, Jerry, graduated from Weber State University in 1966, they moved the small company to Phoenix, Arizona. Carl and his two sons, Ronald and Jerry (vice-president), formed the company Common Market in Arizona, that would become Swift. Operations began in 1966 transporting imported steel from the ports of Los Angeles, Cal ...
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Central Freight Lines Truck
Central is an adjective usually referring to being in the center of some place or (mathematical) object. Central may also refer to: Directions and generalised locations * Central Africa, a region in the centre of Africa continent, also known as Middle Africa * Central America, a region in the centre of America continent * Central Asia, a region in the centre of Eurasian continent * Central Australia, a region of the Australian continent * Central Belt, an area in the centre of Scotland * Central Europe, a region of the European continent * Central London, the centre of London * Central Region (other) * Central United States, a region of the United States of America Specific locations Countries * Central African Republic, a country in Africa States and provinces * Blue Nile (state) or Central, a state in Sudan * Central Department, Paraguay * Central Province (Kenya) * Central Province (Papua New Guinea) * Central Province (Solomon Islands) * Central Pro ...
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American Freightways
American Freightways Corp. (AF) was an American regional less than truckload (LTL) carrier based in Harrison, Arkansas. It was acquired by FedEx in 2001, renamed FedEx Freight East in 2002, and its operations were merged with FedEx's other LTL subsidiaries in 2010 to form FedEx Freight Inc. History The company was founded as Arkansas Freightways on October 25, 1982, by Sheridan Garrison. At its inception it provided service to seven states from 20 terminals. Garrison had former experience in trucking having bought a small Arkansas trucking company, Harp Line Trucks which they renamed Garrison Motor Freight, in 1955 with his brother and father. By 1987 the company still served seven states but had grown to 58 terminals and had a combined 1,700 tractors and trailers and almost 1,000 employees. Arkansas Freightways became a publicly held corporation in March 1989 with an over-the-counter stock offering. At the time, it served nine states with 1,200 employees and reported previous ye ...
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FedEx
FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce and business services based in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000. FedEx today is best known for its air delivery service, FedEx Express, which was one of the first major shipping companies to offer overnight delivery as a flagship service. Since then, FedEx also started FedEx Ground, FedEx Office (originally known as Kinko's), FedEx Supply Chain, FedEx Freight, and various other services across multiple subsidiaries, often meant to respond to its main competitor, UPS. FedEx is also one of the top contractors of the US government and assists in the transport of some United States Postal Service packages through their Air Cargo Network contract. FedEx's prominence in b ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Yellow Corporation
Yellow Corporation is an American transportation holding company headquartered in Overland Park, Kansas. Its subsidiaries include national less than truckload (LTL) carrier YRC Freight, regional LTL carriers New Penn, Holland and Reddaway and freight brokerage HNRY Logistics. From 2006 to February 2021, Yellow was known as YRC Worldwide. History Foundation and early history In 1906, Grover Cleveland “Cleve” Harrell (1884–1942) started what was to become the Yellow Cab Company with a horse-drawn hack and a team of horses in Oklahoma City. After a year, he bought a Model T Ford. People were willing to pay more to ride in an automobile. After World War I, he bought two more cars and hired a relief driver. In 1918, Harrell painted one of his cars yellow. Although ridiculed by other cab drivers, he was hauling more passengers than anyone else, so he painted all his cars yellow and business boomed. Harrell trademarked the name Yellow Cab in Oklahoma. Later, John H ...
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International Brotherhood Of Teamsters
The International Brotherhood of Teamsters (IBT), also known as the Teamsters Union, is a labor union in the United States and Canada. Formed in 1903 by the merger of The Team Drivers International Union and The Teamsters National Union, the union now represents a diverse membership of blue-collar and professional workers in both the public and private sectors. The union has approximately 1.3 million members as of 2015. Formerly known as the International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers of America, the IBT is a member of the Strategic Organizing Center and Canadian Labour Congress. History Early history The American Federation of Labor (AFL) had helped form local unions of teamsters since 1887. In November 1898, the AFL organized the Team Drivers' International Union (TDIU).Sloane, ''Hoffa,'' 1991.Taft, ''The A.F. of L. in the Time of Gompers,'' 1957. In 1901, a group of teamsters in Chicago, Illinois, broke from the TDIU and formed the Teamst ...
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The Journal Of Commerce
''The Journal of Commerce'' is a biweekly magazine published in the United States that focuses on global trade topics. First published in 1827 in New York, it has a circulation of approximately 15,000. It provides editorial content to manage day-to-day international logistics and shipping needs, covering the areas of cargo and freight transportation, export and import, global transport logistics and trade, international supply chain management and US Customs regulations. 1800s In 1827, Arthur Tappan and Samuel Morse decided that New York needed another newspaper. The ''Journal of Commerce'' operated two deepwater schooners to intercept incoming vessels and get stories ahead of the competition. Following Morse's invention of the telegraph, the ''JoC'' was a founding member of the Associated Press, now the world's largest news-gathering organization. Publications in the 19th century took positions on political issues and were rarely concerned with being impartial. The ''JoC'' wei ...
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Interstate Commerce Commission
The Interstate Commerce Commission (ICC) was a regulatory agency in the United States created by the Interstate Commerce Act of 1887. The agency's original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including interstate bus lines and telephone companies. Congress expanded ICC authority to regulate other modes of commerce beginning in 1906. Throughout the 20th century, several of ICC's authorities were transferred to other federal agencies. The ICC was abolished in 1995, and its remaining functions were transferred to the Surface Transportation Board. The Commission's five members were appointed by the President with the consent of the United States Senate. This was the first independent agency (or so-called ''Fourth Branch''). Creation The ICC was established by the Interstate Commerce Act of 1887, which was signed into law by President Grover Cleveland. The cr ...
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Motor Carrier Act Of 1980
The Motor Carrier Regulatory Reform and Modernization Act, more commonly known as the Motor Carrier Act of 1980 (MCA) is a United States federal law which deregulated the trucking industry. Background Motor carrier deregulation was a part of a sweeping reduction in price controls, entry controls, and collective vendor price setting in United States transportation, begun in 1970-71 with initiatives in the Richard Nixon Administration, carried out through the Gerald Ford and Jimmy Carter Administrations, and continued into the 1980s, collectively seen as a part of deregulation in the United States. Since the passage of the Interstate Commerce Act of 1887, the federal government had regulated various transportation modes, starting with the railroad industry, and later the trucking and airline industries. Increasing public interest in deregulation led to a series of federal laws beginning in 1976 with the Railroad Revitalization and Regulatory Reform Act. The deregulation of the tr ...
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