represented 23 large trucking companies including Roadway Express, Consolidated Freightways, and Yellow Freight. In the end, the strike lasted 24 days and, according to the RSI, resulted in losses of for the quarter at Roadway Express. The strike at Roadway Express highlighted the division's profitability imbalance when compared to RSI's non-union carriers. At the time, Roadway Express contributed over 40% of the parent company's annual revenue but was less profitable than the other trucking units. As a result, RSI announced in August 1995 that it would spin off Roadway Express as a separate, publicly traded company. As an independent company, Roadway Express grew substantially achieving profits of in its first year. In 2003 Roadway was acquired by Yellow Freight to form Yellow Roadway Corporation. Caliber System 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. Caliber immediately began an effort to reorganize in an attempt to decrease costs. In November it shut down RGA and sold the assets to Burlington Air Express. Caliber said it had lost on the venture. In December it announced it would be consolidating its remaining trucking companies, Viking (with subsidiary Spartan), Central, and Cole's into a nationwide carrier named Viking Freight Inc. But, Caliber continued to experience significant losses. Viking announced a wage freeze in July 1996 and in December said it would be eliminating 30 terminals and 1,500 jobs in a bid to reduce costs. Despite positive performances from RPS, Roberts, and Caliber Logistics in Q1 1997, Caliber announced in March it would be selling or closing a large portion of the eastern operations of Viking leaving it as a west coast-focused carrier. Caliber reported Viking had seen losses of around after having been unable to bring Viking to profitability since merging its smaller, regional carriers into a nationwide offering. The cuts were expected to include 4,000 jobs and 83 terminals in the eastern, southern, and central US. These areas had been primarily served by the former Coles and Spartan subsidiaries. In June 1997, Caliber sold the assets that had formerly comprised Central to an investment group led by former Central leadership backed by trucking magnate and Swift Transportation co-founder Jerry Moyes. It