Roadway eyeing next-day freight

LTL giant Roadway Corp. plans to expand more into the next-day freight delivery market, primarily through acquisitions of carriers. Roadway chairman & CEO Michael Wickham told shareholders recently that the next-day segment of the industry is the fastest growing of the ground freight markets, and it is more profitable than the longer haul markets. Akron, OH-based Roadway recently acquired New Penn

May 1, 2002

LTL giant Roadway Corp. plans to expand more into the next-day freight delivery market, primarily through acquisitions of carriers.

Roadway chairman & CEO Michael Wickham told shareholders recently that the next-day segment of the industry “is the fastest growing of the ground freight markets, and it is more profitable than the longer haul markets.”

Akron, OH-based Roadway recently acquired New Penn Motor Express, a next-day, regional ground carrier based in Lebanon, PA.

Wickham said New Penn will provide the model for further expansion in the next-day market through the purchase of next-day carriers in additional geographical areas.”