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1956-89: A Growing Family Business
In 1956, Dempsey Boyd and his brothers founded Boyd Bros.
W. Miller Welborn had established Welborn in 1989 with co~founder Steven S. Rumsey.
Most of the freight it hauled consisted of steel products and building materials. It slowly added trucks and regional centers, creating a network that by 1989 had extended its range of operations across the eastern two thirds of the United States.
The company went public in 1994, at which time it boasted a $50 million fleet made up of about 400 tractors and 700 flatbeds domiciled at 12 terminals.
1994: Company goes public, trading on NASDAQ as BOYD.
To get back on track, Boyd returned to its basic operation, concentrating on "sales, service, driver retention, and cost control." The move paid off, producing a significant upswing in 1997.
In 1998, as part of its growth strategy, Boyd Bros. announced plans to construct a $3 million "super terminal" in North Birmingham and began aggressively recruiting truck drivers by increasing pay for experienced drivers.
Boyd blamed the drop on increased fuel prices, which fluctuated considerably during 1999.
Later, in 2000, he would become Boyd Bros.'s vice-chairman and vacate his posts as president and CEO, relinquishing these to Cooper.
Boyd Bros. faced not only increased fuel costs but a weakening freight market in 2000, notably a decline in requests for steel shipments.
Visit our Online Company Store at shopboyd-bros.com or call 205.716.2004 for more information about Boyd Bros. merchandise.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Melton Truck Lines | 1954 | $10.0M | 700 | 7 |
| McElroy Truck Lines | 1985 | $91.0M | 650 | 2 |
| Werner Enterprises | 1956 | $3.0B | 12,784 | 109 |
| Hornady Transportation | 1928 | $21.0M | 350 | 10 |
| Schneider National | 1935 | $5.3B | 19,600 | 89 |
| Koch Trucking | 1978 | $275.0M | 1,100 | 10 |
| Anderson Trucking Service | 1955 | $210.0M | 999 | 125 |
| Montgomery Transport | 2011 | $68.0M | 350 | - |
| Paul Transportation | 2003 | $37.5M | 80 | 15 |
| Gypsum Express | 1978 | $93.0M | 650 | 1 |
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Boyd Bros. Drivers may also be known as or be related to Boyd Bros Transportation, Boyd Bros Transportation Inc, Boyd Bros. Drivers, Boyd Bros. Transportation Inc, Boyd Bros. Transportation Inc., Boyd Bros. Transportation, Inc and Boyd Bros. Transportation, Inc.