Quality Distribution, Inc. (QDI) completes its Initial Public Offering (IPO) on November 7, 2003. During the IPO, 7,875,000 shares sold at $17.00 per share. Quality trades on NASDAQ under the symbol "QLTY."
1999
Montgomery Tank Lines (MTL) and Chemical Leaman Corporation (CLC) complete the process they began in June by fully integrating their operations under the single identity of Quality Distribution, Inc., and at the same time announced the formation of Quality Carriers.
1998
MTL Inc. agrees to merge with a subsidiary of Apollo Management LP, one of the country's leading financial management organizations.
MTL and CLC combine, bringing together the industry's largest asset base and most complete service offering under one umbrella.
1997
CLC forms Leaman Logistics, Inc. and TransPlastics, Inc.
1996
CLC acquires the assets and business of Fleet Transport Company, Inc.
1995
MTL and CLC join Responsible Care® initiative.
1992
QualaSystems is established as a separate, wholly owned subsidiary of CLC.
1990
Driver Safety Training School is started in Indianapolis, IN.
1989
MTL merges with Quality-O'Boyle.
1913 to 1984
1984
Quality Carriers and O'Boyle Tanklines merge.
1981
Quality Carriers buys McNair Transport
1978
Clextex Trucking joins Montgomery as the company's first Affiliate Partner.
1977
Charlie O'Brien purchases Quality Carriers.
All Chemical Leaman Tank Lines, Inc. (CLTL) subsidiaries are brought under parent company CLC.
1965
Buzz Babbit purchases operating authority of Denver-based carrier J.B. Montgomery.
1961
Chemical Tank Lines merges with the two Leaman companies, creating Chemical Leaman Tank Lines, Inc.
1949
Chemical Tank Lines is formed to transport chemical in bulk quantities.
1938
Quality Carriers is founded by Pat Torhorst and Lee Barney.
1933
Leaman Transportation Company, Inc. is formed.
1930
The Leamans purchase Motor Mileage Corporation to haul fuel oil.
1913
B.F. Leaman and son, Clair, begin a trucking operation, hauling lime and milk.
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