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The U.S. trucking industry grew in the years following World War I. Nonetheless, the industry was still in its early days, and railroads were the primary method of transportation for goods from point of manufacture to point of sale.
Early history
This did not deter brothers Carroll and Galen Roush, who founded Roadway Express in Akron, Ohio in 1930. Roadway Express entered the trucking industry as a less-than-truckload (LTL) carrier; its first load was transporting tires between Akron and St....
The end
Federal Express announced on October 6, 1997 that it was acquiring Caliber System, Inc. for about $2.4 billion in stock, expanding FedEx’s ability to compete with package delivery rivals. The acquisition was finalized in January 1998.
Headquartered in Akron, Ohio, Caliber System’s subsidiaries included Roadway Package System Inc., which delivered packages between businesses; Viking Freight Inc., a regional less-than-truckload carrier serving the western U.S.; Caliber Logistics Inc., a...