Allied Van Lines |
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Official Site: Allied.com
Wikipedia: Allied Van Lines Page Sections History Article Index |
History
The following section is an excerpt from Wikipedia's Allied Van Lines page on 4 May 2016, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Allied Van Lines is an American moving company founded in 1928 as a cooperative non-profit organization owned by its member agents on the east coast of the United States, to help with organizing return loads and minimizing dead-heading (i.e. operating trucks without shipments loaded on them). In 1968 it was reorganzied as a standard public company, with shares. In 1999 it merged with its larger competitor, North American Van Lines, and the combined entity then came under the holding company Allied Worldwide. In 2002, Allied Worldwide was renamed SIRVA.
Allied Worldwide
On January 12, 1998, NAVL was bought out from Norfolk Southern Corporation (NYSE: NSC) by the private investment firm Clayton, Dubilier & Rice for more than US$200 million.
On November 21, 1999, Clayton, Dubilier and Rice also completed their acquisition of Allied Van Lines and merged it with North American Van Lines to create Allied Worldwide, although each former company maintained its own profile names. Valued at approximately US$450 million in the merger, the Allied Worldwide combined entity became the world's largest relocation and van line logistics company
The decade of the 2000s saw major internationalization, as the merged company reached far away from North America, beginning operations in other continents, such as Europe and South America.
| Date | Article | Author/Source |
|---|---|---|
| 5 February 1998 | U.S. v. Allied Van Lines, Inc., et al. | Federal Register: DoJ (Rebecca P. Dick) |
| 4 January 2010 | Allied Van Lines Announces 42nd Annual Magnet States Report | Allied Van Lines |
| 3 March 2016 | Ted R. Sanders Honored With Quality Mover Award | Horton Group |