The Liberty Corporation (Public NYSE:LC) was a media corporation originally based out of Greenville, South Carolina. At its peak, The Liberty Corporation owned 15 network-affiliated television stations across the Midwest and Southern regions of the United States. On top of that, cable advertising sales group CableVantage Inc., video production facility Take Ten Productions and broadcast equipment distributor Broadcast Merchandising Corporation were also some of its assets.
The company formerly held Liberty Life Insurance Company and Pierce National Life Insurance Company, which it sold in 2000 to Royal Bank of Canada.
After the sale of its insurance division, the company employed approximately 1,400 people. The executive officers included chairman and CEO W. Hayne Hipp (who, with his family, owned about 25% of the company before its sale to Raycom Media), president and COO James M. Keelor, CFO Howard L. Schrott.
In August 2005, Liberty agreed to be bought out by Raycom Media. Raycom paid $987 million, or $47.35 per Liberty share, and assumed Liberty's debts of approximately $110 million in the buyout. The acquisition was completed in February 2006; After the closing of the purchase of Liberty, Raycom sold a number of stations, including two from the Liberty portfolio. They included ABC WWAY-TV in Wilmington, North Carolina to Morris Multimedia and CBS affiliate KGBT-TV in Harlingen-McAllen-Brownsville, Texas to Barrington Broadcasting.
Employee Benefits
Liberty Corporate and Employee Benefits
Liberty Corporate is a core division within the listed entity “Liberty Holdings Limited” and part of the greater Standard Bank Group. We are a market leading provider of employee benefits, Investment and Risk solutions to the South African business community. These are provided through the advice of a country wide network of professional financial advisers.
Our comprehensive range of employee benefits solutions can be packaged according to the individual needs of a business and its employees. This contributes to a company’s ability to attract and retain skilled and knowledgeable employees in a tax-efficient and socially responsible way.
Retirement savings using Liberty Corporate’s industry-leading administrative capabilities
Employers or trustees have the flexibility of either establishing their own pension or provident fund, or participating in our independently managed umbrella funds.
Insured benefits
A comprehensive range of insured benefits is available to employers and their employees. These group risk schemes may be associated with a retirement fund or operate on their own. They may be structured pre- or post-tax earnings to optimise their efficiency. Benefits include life cover, disability and impairment protection, dread disease cover and insurance to cover the cost of children’s education in the event of the death or disability of a parent.
Careers
We operate with integrity and recognise the value of our customers and the people that work for us. We attract people of the highest calibre and we live up to a standard of honesty, reliability and integrity.
Our internal and external recruitment policies ensure that vacancies are filled with the most motivated and talented individuals. Talent recognition and staff development policies ensure that our workforce remains motivated and skilled. Our employees enjoy numerous benefits that aim to make life at work as comfortable and pleasurable as possible.
Liberty Linehaul Inc. began in 1987 as an LTL and truckload carrier specializing in international freight between Canada and the United States. Since then, the company has grown and added a division in California and boasts a range of customers including 3M, Durham Furniture, CompX Waterloo Furniture Components, Novelis Foil, Steelcase and Tim Hortons.
The company has been successful for more than 20 years by offering a variety of services, from cost-effective transportation solutions to air ride and blanket wrapped service and beyond. President Brian Taylor says, “We strive to do highly-specialized type work if possible, such as the higher end work that requires more skilled people. These specialty services have put us into a niche market that’s not as competitive because fewer companies take on these jobs. We tend to deal with customers that have unique requirements.” Taylor credits the company’s long-term customer relationships fuelled by its skilled employees to its success.
Liberty Linehaul is constantly assessing new technology to become more efficient. Though the company has used Shaw Tracking for its satellite-based, on-board computing technology for a number of years, it is constantly thinking of new ways to utilize the information provided. The satellite tracking is an effective way to communicate with the vehicles but it helps to monitor efficiencies as well. The system allows the company to pinpoint drivers and times, track fuel economy and idle time. “Our drivers also use satellite technology to communicate with their families using in-cab e-mail, which is important to them and important to us,” Taylor says.
A number of other methods have been used to improve efficiencies. Limited truck speeds ensure that mileage costs are lower. Fuel savings have been improved by switching to single tires. Some trucks in the fleet run APUs, which are an alternative power source similar to a generator. Other vehicles have diesel heaters that keep the cab warm during cold winter months. Liberty Linehaul is also testing with hydrogen injection to create a cleaner burn and increase fuel economy.
Technologies for wind have also been utilized, such as side skirts for cabs and trailers. The company has also switched to synthetic oils to produce less friction, and thus improving efficiencies. Liberty is also now improving routing of trips and optimizing mileage. Taylor says, “It’s one thing to be able to reduce the actual fuel consumption of a vehicle by a few percentage points, but if you can eliminate a whole out-of-route mileage of 10 or 20 miles, that’s where you can drive your greatest efficiencies. We work with our customers to route trips to meet their schedule but make it as efficient for us to deliver the project.”
Pickups are consolidated, so that that they can be done once a week rather than multiple times. “The benefit of this is less fuel, and ultimately less environmental impact,” Taylor explains. The company has its own facilities in both of its regions to enhance customer service. This allows the equipment to have more up-time and be more economical.
The company formerly held Liberty Life Insurance Company and Pierce National Life Insurance Company, which it sold in 2000 to Royal Bank of Canada.
After the sale of its insurance division, the company employed approximately 1,400 people. The executive officers included chairman and CEO W. Hayne Hipp (who, with his family, owned about 25% of the company before its sale to Raycom Media), president and COO James M. Keelor, CFO Howard L. Schrott.
In August 2005, Liberty agreed to be bought out by Raycom Media. Raycom paid $987 million, or $47.35 per Liberty share, and assumed Liberty's debts of approximately $110 million in the buyout. The acquisition was completed in February 2006; After the closing of the purchase of Liberty, Raycom sold a number of stations, including two from the Liberty portfolio. They included ABC WWAY-TV in Wilmington, North Carolina to Morris Multimedia and CBS affiliate KGBT-TV in Harlingen-McAllen-Brownsville, Texas to Barrington Broadcasting.
Employee Benefits
Liberty Corporate and Employee Benefits
Liberty Corporate is a core division within the listed entity “Liberty Holdings Limited” and part of the greater Standard Bank Group. We are a market leading provider of employee benefits, Investment and Risk solutions to the South African business community. These are provided through the advice of a country wide network of professional financial advisers.
Our comprehensive range of employee benefits solutions can be packaged according to the individual needs of a business and its employees. This contributes to a company’s ability to attract and retain skilled and knowledgeable employees in a tax-efficient and socially responsible way.
Retirement savings using Liberty Corporate’s industry-leading administrative capabilities
Employers or trustees have the flexibility of either establishing their own pension or provident fund, or participating in our independently managed umbrella funds.
Insured benefits
A comprehensive range of insured benefits is available to employers and their employees. These group risk schemes may be associated with a retirement fund or operate on their own. They may be structured pre- or post-tax earnings to optimise their efficiency. Benefits include life cover, disability and impairment protection, dread disease cover and insurance to cover the cost of children’s education in the event of the death or disability of a parent.
Careers
We operate with integrity and recognise the value of our customers and the people that work for us. We attract people of the highest calibre and we live up to a standard of honesty, reliability and integrity.
Our internal and external recruitment policies ensure that vacancies are filled with the most motivated and talented individuals. Talent recognition and staff development policies ensure that our workforce remains motivated and skilled. Our employees enjoy numerous benefits that aim to make life at work as comfortable and pleasurable as possible.
Liberty Linehaul Inc. began in 1987 as an LTL and truckload carrier specializing in international freight between Canada and the United States. Since then, the company has grown and added a division in California and boasts a range of customers including 3M, Durham Furniture, CompX Waterloo Furniture Components, Novelis Foil, Steelcase and Tim Hortons.
The company has been successful for more than 20 years by offering a variety of services, from cost-effective transportation solutions to air ride and blanket wrapped service and beyond. President Brian Taylor says, “We strive to do highly-specialized type work if possible, such as the higher end work that requires more skilled people. These specialty services have put us into a niche market that’s not as competitive because fewer companies take on these jobs. We tend to deal with customers that have unique requirements.” Taylor credits the company’s long-term customer relationships fuelled by its skilled employees to its success.
Liberty Linehaul is constantly assessing new technology to become more efficient. Though the company has used Shaw Tracking for its satellite-based, on-board computing technology for a number of years, it is constantly thinking of new ways to utilize the information provided. The satellite tracking is an effective way to communicate with the vehicles but it helps to monitor efficiencies as well. The system allows the company to pinpoint drivers and times, track fuel economy and idle time. “Our drivers also use satellite technology to communicate with their families using in-cab e-mail, which is important to them and important to us,” Taylor says.
A number of other methods have been used to improve efficiencies. Limited truck speeds ensure that mileage costs are lower. Fuel savings have been improved by switching to single tires. Some trucks in the fleet run APUs, which are an alternative power source similar to a generator. Other vehicles have diesel heaters that keep the cab warm during cold winter months. Liberty Linehaul is also testing with hydrogen injection to create a cleaner burn and increase fuel economy.
Technologies for wind have also been utilized, such as side skirts for cabs and trailers. The company has also switched to synthetic oils to produce less friction, and thus improving efficiencies. Liberty is also now improving routing of trips and optimizing mileage. Taylor says, “It’s one thing to be able to reduce the actual fuel consumption of a vehicle by a few percentage points, but if you can eliminate a whole out-of-route mileage of 10 or 20 miles, that’s where you can drive your greatest efficiencies. We work with our customers to route trips to meet their schedule but make it as efficient for us to deliver the project.”
Pickups are consolidated, so that that they can be done once a week rather than multiple times. “The benefit of this is less fuel, and ultimately less environmental impact,” Taylor explains. The company has its own facilities in both of its regions to enhance customer service. This allows the equipment to have more up-time and be more economical.