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The company was founded as Livingston Merchant's Co-op in 1958 and incorporated as Averitt Express in 1969. [2] [3] Averitt is owned by Gary Sasser, who purchased the company from its original owner, Thurman Averitt, in October 1971 at the age of 20. At the time of Sasser's purchase, Averitt operated 3 trucks and 5 trailers. [citation needed]
Kip Averitt, former Texas State Senator [31] Charlotte Beers, American businesswoman and former U.S. Under Secretary of State (2001–2003) (attended; did not graduate) [32] Charles T. Bernard, Arkansas Republican state chairman, 1971–1973; Republican candidate for United States Senate in 1968; farmer and businessman [33]
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Standard Carrier Alpha Code. The Standard Carrier Alpha Code ( SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records.
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