American Freightways

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American Freightways Corp. (AF) was an American regional less than truckload (LTL) carrier based in Harrison, Arkansas. It was acquired by FedEx in 2001,<ref name="FDX Buys">Template:Cite press release</ref> renamed FedEx Freight East in 2002,<ref name="Renamed FDXFE">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> and its operations were merged with FedEx's other LTL subsidiaries in 2010 to form FedEx Freight Inc.<ref name="FDXF Merged">Template:Cite news</ref>

History

Sheridan Garrison founded The company Arkansas Freightways' on October 25, 1982. 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref>Template:Cite news</ref>

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 year profits of Template:US$ on Template:US$ in revenue.<ref>Template:Cite news</ref> The company continued expansion in November announcing 13 new terminals in Texas bringing the network-wide total to 89.<ref>Template:Cite news</ref>

In January 1993, Arkansas Freightways, which now served 12 states, changed its name to American Freightways Corp..<ref>Template:Cite news</ref>

FedEx acquisition

American Freightways was acquired by FedEx Corporation in 2001 for Template:US$.<ref name="JOC FDX Buys" /> FedEx created a new subsidiary, FedEx Freight to serve as the parent of both AF and FedEx's existing LTL subsidiary, Viking Freight, a western US regional carrier.<ref name="FDX Buys" /> The combination created the third largest LTL carrier in the United States after Con-way Freight and USFreightways.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In June 2002, FedEx rebranded AF as FedEx Freight East and Viking as FedEx Freight West, both still operated as independent subsidiaries of FedEx Freight. This marked the end of the American Freightways brand.<ref name="Renamed FDXFE" /> FedEx expanded its LTL operations by buying Lakeland, Florida-based LTL carrier Watkins Motor Lines in 2006. Watkins was renamed FedEx National LTL and initially operated as a separate subsidiary of FedEx alongside FedEx Freight, both part of FedEx's FedEx Freight division.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In January 2010, FedEx merged its regional and national operations into a single entity, FedEx Freight Inc. marking the end of independent operations of the former American Freightways.<ref name="FDXF Merged" /> The DOT number, 239039, which was initially assigned to American Freightways, remains in use by FedEx Freight, Inc.Template:Citation needed

References

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Template:FedEx Template:Trucking industry in the United States