![]() Caliber said it had lost US$103 million on the venture. In November it shut down RGA and sold the assets to Burlington Air Express. Ĭaliber immediately began an effort to reorganize in an attempt to decrease costs. In November 1995, Roadway Services announced it was changing its name to Caliber System, effective in January 1996 and would move its stock listing from the Nasdaq to the NYSE under the new symbol "CBB." It also rebranded Roadway Logistics and Roadway Technology to Caliber Logistics and Caliber Technology, respectively. RGA operated for less than two years before it was shut down and its assets were sold to Burlington Air Express. In 2003 Roadway was acquired by Yellow Freight to form Yellow Roadway Corporation. As an independent company, Roadway Express grew substantially achieving profits of US$21.8 million in its first year. As a result, RSI announced in August 1995 that it would spin off Roadway Express as a separate, publicly traded company. At the time, Roadway Express contributed over 40% of the parent company's US$5 billion annual revenue but was less profitable than the other trucking units. The strike at Roadway Express highlighted the division's profitability imbalance when compared to RSI's non-union carriers. In the end, the strike lasted 24 days and, according to the RSI, resulted in losses of US$68 million for the quarter at Roadway Express. The strike was the result of a breakdown in negotiations between the Teamsters and Trucking Management Inc., a negotiating group which represented 23 large trucking companies including Roadway Express, Consolidated Freightways, and Yellow Freight. While RSI's smaller regional carriers were all non-union, Roadway Express was unionized and in April 1994 it was impacted by a nationwide strike of the Teamsters Union. At the time, RSI was the third-largest motor freight carrier in the US. At the same time Roadway Express continued its expansion with services to Europe in 1991 and a number of Pacific Rim ports soon after. In 1990, Viking subsidiary VFS Transportation was closed and Spartan was absorbed into Viking, operating as a subsidiary. In the late 1980s and early 1990s RSI experienced both expansion and contraction as it acquired the largest western US regional carrier, Viking Freight, but closed the unprofitable Nationwide Carriers in 1989. By 1988, RPS covered 70% of the US from 130 terminals. ![]() RPS was intended to out-compete the package delivery services of UPS by structuring itself for lower costs. Craig College, Executive Vice President & Chief Financial OfficerĮ-mail: Craig.With both truckload and LTL services available via its subsidiaries, in 1985 RSI founded a package delivery service, Roadway Package System (RPS) in Pittsburgh, Pennsylvania. ![]() CALIBRE delivers enduring solutions that solve management, technology, and program challenges in the areas of financial performance and logistics health and information management human capital training and management and infrastructure, engineering, and environment.įor more information about CALIBRE, please visit. He is an excellent leader with a strong business acumen and will be instrumental in progressing CALIBRE’s industry-leading technology infrastructure to meet our current and future needs.”Īnkur Rawat holds a BS in Information Systems from the University of Maryland, Baltimore County, an MS in Information Security from American University, and an MBA from the University of California, Miramar.ĬALIBRE is an employee-owned management consulting and information technology solutions company supporting government and industry. “Over his career, Ankur has demonstrated key characteristics we value at CALIBRE, including an unwavering commitment to client success. ![]() “Ankur has been extremely successful in developing new and enhanced technologies across platforms to drive business value,” said Joe Martore, President & CEO of CALIBRE. As CTO, he will lead the company’s IT organization, and will champion the next phase of innovation and growth for CALIBRE. He is a thought leader and innovator in technology and cybersecurity best practices. Most recently, Ankur was the CTO at LTS, and CISO at 3M Healthcare. As CTO, Ankur is responsible for evolving CALIBRE’s technology strategy, scaling IT systems and infrastructure, and driving execution of the company’s roadmap to develop and apply innovative solutions for CALIBRE’s clients’ success.Īnkur has over 17 years of experience building information technology programs from the ground up and driving double-digit revenue growth through forward-looking leadership at the nexus of business and technology. (CALIBRE) announced that Ankur Rawat was named CALIBRE’s Vice President and Chief Technology Officer (CTO). ![]()
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