Atlas Van Lines is a
moving
van company formed in 1948 by a group of local transfer and
storage firms. As an
agent-owned
company it is similar in form to a
cooperative. It presently has about 500 agents
worldwide (in over 140 countries), of which 75 own shares in
Atlas World Group, which controls Atlas Van Lines
and other related companies.
Based in Evansville, Indiana
, it is the second-largest interstate motor carrier
in the U.S.
History
Atlas Van Lines traces its roots back to 1948 when a group of 33
entrepreneurs formed a cooperative for the interstate
transportation of household goods from coast to coast. The group
took the name "Atlas Van Lines" and opened a new headquarters
building in Evansville, Indiana.
The company changed ownership structure in the 1980s, when stock
was offered to the public. After a hostile takeover attempt, in
1988 the company returned to ownership by its agents. Atlas
expanded rapidly in the 1990s and established Atlas World Group as
the holding company for Atlas Van Lines, Inc. and seven
subsidiaries.
On April 18, 1996 Atlas announced the purchase of
Red Ball Corporation, which at the time
was the 13th largest household mover in the United States.
This
included two subsidiaries: American Red Ball International, an
international freight
forwarder based in Seattle
, Washington
and American Red Ball Transit Co. based in Indianapolis,
Indiana
. Red Ball specialized in the moves of
military personnel. In 2001, Atlas sold American Red Ball Transit,
the domestic subsidiary to its management.
In 1997 the company announced the two largest conversions in the
history of the van line industry with the joining of Atlantic
Relocation Systems (more than 600) and Bekins Northwest (more than
250 vehicles).
See also
References
External links