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Quality Distribution history
Quality Distribution company history timeline
In 1998, Chemical Leaman Tank Lines merged with Montgomery Tank Lines.
By 2012 the company was managing a fleet of approximately 2,800 independently owned and operated tractors and 5,300 trailers, as well as affiliate and company owned terminals; it had about 850 employees and a market capitalization of about $250 million.
Earlier in 2013, Apollo Global Management planned to divest its 17% stake in the company with a public offering. It expanded through acquisition into a number of areas in 2012, including transporting oil and wastewater for energy companies.
These acquisitions initially underperformed expectations, but a December 2013 article in Barron's noted that QD's core business of chemical transportation remained a market-share leader.
As of December 31, 2014, Quality operated through a network of 95 terminals servicing the chemical and other bulk liquid markets, 9 ISO tank depot services terminals (intermodal) also servicing the chemical and other bulk liquid markets and 19 terminals servicing the energy market.
As of August 28, 2015, Quality no longer trades on the NASDAQ under the symbol QLTY.
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Quality Distribution competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| OOCL | 1969 | - | - | 25 |
| Saia | 1924 | $3.2B | 12,000 | 137 |
| Werner Enterprises | 1956 | $3.0B | 12,784 | 100 |
| Celadon Group | 1985 | $1.1B | 5,975 | 14 |
| Ryder System | 1933 | $12.6B | 39,900 | 6,242 |
| XPO Logistics | 1989 | $8.1B | 44,000 | - |
| UPS | 1907 | $91.1B | 481,000 | 1,889 |
| Schneider National | 1935 | $5.3B | 19,600 | 79 |
| The Royal Group | 1922 | $320.0M | 3,000 | - |
| Global Freight Solutions | - | $13.8M | 36 | - |
Quality Distribution history FAQs
Zippia gives an in-depth look into the details of Quality Distribution, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Quality Distribution. The employee data is based on information from people who have self-reported their past or current employments at Quality Distribution. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Quality Distribution. The data presented on this page does not represent the view of Quality Distribution and its employees or that of Zippia.
Quality Distribution may also be known as or be related to QUALITY DISTRIBUTION INC, Quality Distribution, Quality Distribution Affi, Quality Distribution Inc, Quality Distribution Inc. and Quality Distribution, Inc.