TST Overland Express
| Industry | Transportation |
|---|---|
| Founded | 1928 |
| Headquarters | Mississauga, Ontario Canada |
Number of employees | 1,095 |
| Parent | TransForce |
| Subsidiaries |
TST Truckload TST Expedited Services |
| Website | www.tstoverland.com |
TST Overland Express is a less than truckload carrier (LTL) located in Mississauga, Ontario, Canada.
Company
TST Overland Express is a division of TransForce, Canada's leading transportation and logistics organization. With partner Estes Express Lines, TST provides service throughout Canada and the United States.
Transforce is a Canadian transport and logistics company based in Montreal, Quebec. It operates across Canada through 4 business segments. It has Canada's largest LTL business,[1] largest trucking fleet[2] and ranked 14th in terms of revenue in 2005 among North American LTL carriers[3] (however more recent lists such as suggest it may be closer to top 5 (2010 1st qtr revenue transforce $466.1 million versus 5th ranked US company $359.9 million[4])). Its trucking fleet consists of 6700 power units and 12000 trailers.[5] Two thirds of its business comes from operations in Eastern Canada while the rest is from Western Canada.
The company's main source of growth has been complete takeovers (it holds no stakes in other companies) of smaller trucking companies (35 since 1992) which are then made into subsidiaries, though more recently organic growth contributed to the 53% rise in freight in the first half of 2010.[6] In December 2010 Transforce will enter the US market when it agreed in prinicple to purchase Dallas based Dynamex with a $248 million takeover offer. In the 12 months leading up to October 31, 2010 Dynamex made $418 million in revenue (about a quarter as much as Transforce). .[7]
TST Overland remains committed to be a service leader in the competitive LTL truck transportation industry. Service requirements in this current environment require many systems and assets that can encourage better service.[8] In addition TST Overland is the first Canadian carrier to achieve ISO 9002.[9]
The company has 1,685 Power and Trailing equipment and covers 10 Canadian Provinces and 50 U.S. States[10]
History
- 1928 - the organization was founded as Woodstock Transport by Samuel Axelrod operating between Woodstock and Toronto, Ontario.
- 1935 - interests purchased by Norman C. Schell of Woodstock, Ontario and the name changed to Schell Transport Limited.
- 1945 Interests purchased by Robert G. Thompson, Toronto.
- 1950 The name of the company was changed from Schell Transport to “The Overland Express Ltd.”
- 1951 Interests purchased by Robert D. Grant and Associates, Toronto, Ontario. Mr. Thompson continued as President, while Mr. Grant took over the position of General Manager.
- 1954 The Overland Express, along with Consolidated Truck Lines were the first carriers to bring “In-Bond” freight into the Mid-continent Sufferance Warehouse on The Queensway in Toronto.
- 1956 Overland Express purchased Reid Transport, who operated between the Windsor-Detroit, and Sarnia-Port Huron, thus establishing its first U.S. operations.
- 1957 After a lengthy and costly Interstate Commerce Commission (I.C.C.) hearing, Overland Express was granted operating authority between Ontario and Buffalo, New York.
- 1963 Mulles Transport was purchased, extending the operating territory north of Toronto into the town of Brampton.
- 1964 Overland took delivery of its first “computer” at its Head Office in Woodstock, Ontario. It was Remington-Rand Card Reader, tabulating machine.
- 1970 Wood’s Transport & Cartage (Oshawa) Ltd. was purchased, extending the operating authority east out of Toronto into Oshawa.
- 1971 Overland was again on the move. This time it was to Maingate Drive in a new industrial area in northeast Mississauga – the site of its existing Toronto terminal.
- 1972 In a major takeover, Overland purchased Western Freight Lines Ltd. of Chatham, Ontario – one of its largest direct competitors in the southwest Ontario market. The two companies merged operations, and the name was changed to Overland-Western Limited.
- 1973 Alltrans Group Ltd. of Sydney (now known as TNT N.V.), Australia acquired Overland-Western through a purchase of it shares.
- 1982 On May 14, 1982, “OLEX” was introduced to service, emergency LTL shipments, on an expedited door-to-door basis, in small vans, and straight trucks. TNT Overland Express opens the back door for its first direct service (“BONDLINER”) program out of Chicago, Illinois.
- 1983 The second “BONDLINER” market was opened in Ohio. In July, 1983 Overland Express, in a joint project with U.S. Customs and General Motors, was the first Canadian motor carrier to electronically transmit customs clearance data via the U.S. Customs “ACCEPT” system, which facilitated virtual “pre-clearance” of parts from Canadian vendors destined to General Motors manufacturing facilities in the U.S.
- 1984 It was decided that the company slipped in the back door just in time, so J.I.T. Inc. was formed to meet Just-In-Time inventory demands in the international and U.S. domestic markets. A third major “BONDLINER” program was launched between the U.S. Eastern Seaboard and southern Ontario.
- 1985 Overland acquired Dominion-Consolidated Truck Lines.
- 1986 In January, another “BONDLINER” was successfully launched this time linking the States of California, Arizona and Nevada to Ontario and the rest of eastern Canada. In October, the “TEXAS BONDLINER” was successfully launched, this introduced Texas and western Louisiana to Overland’s system.
- 1987 On June 1, TNT Champlain Sept-Iles merged operations with Overland Express, creating TNT Overland Express, thereby extending Overland’s coverage throughout the Province of Quebec.
- 1988 Overland signed partnership with Red Star.
- 2000 Joins ExpressLink partnership with Lakeville Motor Express, GI Trucking and Estes Express Lines
- 2009 A recipient of the Schneider Logistics "Carriers of the Year" award[11]
- 2010 A recipient of the Lowe's Platinum Service Award[12]
References
- ↑ "transforce in buying mood". 2009-09-10.
- ↑ "transforce expands its waste section". todaystrucking.com. 2010-03-02.
- ↑ "top 50 trucking companies". 2007-01-04.
- ↑ "Arkansas Best Widens 1st quarter loss". 2010-04-26.
- ↑ "transforce profile". ft.com. Retrieved 2010-04-26.
- ↑ "TransCore’s freight index continues to rise above 2009". 2010-08-20.
- ↑ "Transforce Acquires Dynamex for $248 Million". 2010-12-15.
- ↑ "TST is speeding things up". 2010-07-10.
- ↑ "TST is first ISO 9002 registered carrier in Canada".
- ↑ "TST Overland Express Quik Facts".
- ↑ http://www.tstoverland.com/tstweb.nsf/73E3AC7CAA6536EB85257688006832EC/$file/SchneiderAwardWebNov2009.pdf
- ↑ http://www.trucknews.com/issues/story.aspx?aid=1000362497&ref=rss
- ↑ "TST Overland profile".