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Airways Freight history
Airways Freight company history timeline
Airways Freight Corporation was founded in 1980, and is a full service domestic and international air forwarder, truck brokerage, ocean forwarder and customs brokerage operation.
Revenues were approaching $12 million in 1980.
The Federal Express hub was built in Memphis, Tennessee, exclusively for Federal Express aircraft, which totaled 76 by 1982.
In late 1983, Pilot created a subsidiary to form international joint ventures.
By 1985, the company had 55 franchises and sales of about $55 million.
Sales were $78 million in fiscal 1986.
In 1987, Pilot tried to acquire publicly traded Northern Air Freight Inc. of Seattle, but was rebuffed.
The two airlines merged in August 1989.
By 1989, Pilot had revenues of about $80 million a year, with perhaps 10 percent of that from international business.
In 1990, three airforwarders came together to create a unified voice on issues of common interest.
Richard Phillips, a trial attorney by profession and lawyer for the Major League Umpires Association, became Pilot's counsel in 1990.
Revenues were $78 million in 1993, though the company lost about $3 million.
Revenues grew to $94 million in 1994, producing a profit of $4 million.
1994: Richard Phillips acquires half of the company and becomes chairman.
Revenues were $217 million in 2002 and business was growing at an enormous rate.
Buoyed by Iraq-related military shipments, Pilot posted a record year in 2003, with 839,423 shipments, up 26 percent, that totaled 420.3 million pounds in weight.
2003: Richard Phillips becomes the sole owner.
Pilot opened a station in the Pacific Rim hub of Honolulu in early 2004.
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Airways Freight competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Central Freight Lines | 1925 | $106.8M | 350 | - |
| United Pipe & Steel Corp | 1980 | $33.0M | 200 | - |
| The Beverage Works - Distributor Of Red Bull Energy Drink | - | $64.5M | 100 | - |
| Match Eyewear | 2001 | $50.0M | 10 | - |
| UZ Engineered Products Co. | 1982 | $840,000 | 7 | - |
| Würth Industry North America | 1945 | $369.4M | 184 | - |
| TIFCO Industries | 1961 | $37.5M | 330 | - |
| Apollo Jets | 2008 | $6.6M | 35 | - |
| Lapp Tannehill | 1958 | $17.2M | 20 | - |
| Mobile Mini | 1983 | $593.0M | 2,000 | - |
Airways Freight history FAQs
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Airways Freight may also be known as or be related to Airways Freight and Airways Freight Corporation.