![]() PIE's revenues last year amounted to $396 million. Ryder's 1982 revenues reached $628 million. They include Helms/Byrns Express, a regional carrier serving the Northeast and Midwest Ranger, a special commodities division providing truckload service nationwide and PIE Bulk Transport, which operates a fleet of tank trucks carrying chemicals and petroleum products across the country. The carriers' autonomous operating divisions will not be affected by the integration. ![]() Some overlapping positions will be eliminated, but the work force reduction will be less than 5 percent. The general commodities division of Ryder/PIE will employ about 16,000 people. Ryder and PIE have been planning the integration of their operations for nearly a year. Moreover, production and population centers have been shifting to the new locations, favoring the flexibility of motor freight distribution, Mainwaring added. He noted that deregulation of the trucking industry in 1980 enabled Ryder and PIE to obtain nationwide operating authority, and their customers indicated a preference for this broad coverage. ![]() Ryder Truck Lines president and chief executive officer Thomas Mainwaring will be chairman and chief executive officer of the "integrated" Ryder/PIE. Today the motor carrier and the truck leasing operation are separate unrelated businesses. That leasing business, which has grown to what is known today as Ryder System Inc., remained the parent of its Ryder Truck Lines motor carrier subsidiary until 1965 when IU International bought Ryder. In 1959, he changed the name of the firm to Ryder Truck Lines. In 1952, Great Southern was purchased by entrepreneur Jim Ryder, who had started his truck leasing business in the late 1930s. Ryder had its beginning more than 50 years ago as the Great Southern Trucking Co. Louis to the West Coast, became a wholly-owned subsidiary of IU International in 1971. PIE, which in the 1940s established the first single-line service from Chicago and St. Ryder's local terminal manager John Lammons will take on the similar role for the larger combined system in Oklahoma City. With the consolidation of two companies' Oklahoma City operations, Schaub will become the Ryder/PIE sales representative here. With so many other trucking companies going out of business or trimming back operations, it may be possible to acquire a suitable terminal facility without having to construct one from scratch, he said. Schaub noted that when the two firms officially combine in July, the PIE terminal will close down, leaving only the Ryder location in operation.īut traffic is projected to increase so much greater at the SE 15 terminal that a new larger terminal location will have to be found within months, he added. PIE's Oklahoma City truck terminal is located at 1551 Exchange, while the Ryder Truck Lines terminal is at 2829 SE 15. Ryder, based in Jacksonville, Fla., generally serves the eastern half of the country while PIE, headquartered near Los Angeles, basically operates in the western half.Īs more business moves to the Sun Belt, truck traffic on Interstate 40 is increasing and will continue to do so, and Oklahoma City is right between the coasts which are connected by this major highway, Schaub said. Schaub noted that Oklahoma City is seen as a highly strategic location in the country for future expansion of operations.
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