Reddaway was a subsidiary of transportation and logistics holding company Yellow Corporation (formerly known as YRC Worldwide) and operated in the Western United States as well as British Columbia, Alaska, and Hawaii.

His son, Walter Wayne “Walt” Reddaway (1915–1979), later succeeded him and led the company until his retirement in 1970.

Walt later invented spray guard rain flaps for the trucking industry which he called The Reddaway System.

The acquisition was part of TNT's expansion goal to own a trucking company for each region in the US.

After several weeks of strikes exceeding 75,000 employees, both carriers pulled out of TMI and soon had their own deal in place with the Teamsters.

[12][13][14] In 2005, its parent organization USF, was acquired by Yellow Roadway Corp, the largest LTL carrier in the US.

[26][27] On August 6, 2023, the Yellow Corporation officially announced that the company had filed for Chapter 11 bankruptcy protection in the state of Delaware after ceasing all operations six days before.