i'm just putting this out there for trivia, i might be off, but as memory serves me, 1980 roadway express only, then they inc roadway services(holding co), rs owns roadway express, then rs (not express) goes on buying spree and buys Viking, Spartan, coles of maine, central freight lines tx, Roberts expedited, reimer Canada, they spend 400,000,000 dollars to start roadway global air( which never moves any freight) and a hhg mover that I can't recall the name. all these were owned by rs NOT roadway express. in 1996 the unionized roadway express was spun off from the nonunion rs who changed the name to caliber system. as roadway express regains momentum rs nearly goes bankrupt and sells off or closes coles, global air and sells the remaining caliber cos to fedex to become fedex ground and fedex time critical and Viking becomes fedex express west. roadway express slips away and gains momentum replacing seriously old equipment. alone they own a large percentage of real estate and equipment and use investment dollars to purchase new penn. analysts at the time before yellows buyout value roadway express at 4 billion dollars.
during this time yellow buys and liquidates preston, smalley, saia, jevic. then yellow buys roadway and liquidates huge amount of assets to pay for the buyout. they inc yrc (holding co) and buy usf cos )Holland, duggan, reddaway, glen moore all including yellow frt and roadway express are owned by yrc. then yrc decides to merge yellow with roadway and new penn with usf. what a history!
CF becomes Conway.
but all you need do is look back at ltl trucking since deregulation in 1980. of the top 100 motor carriers listed in distribution mag only 3 remain and not in their original form
CF, Yellow and Roadway and they are here because the only thing that remains the same is Change.