DSV Road Transport is one of two asset-based DSV Companies and is based in Portland, Oregon. The company was originally founded in 1969 by a local business capitalist and started with only six trucks. Currently, the company enjoys 371 employees, operates 330 company trucks, and has over 700 trailers. As one of the West Coast's leading multimodal transportation providers, DSv Road Transport offers four modes of asset based products to move customer freight. Having four different product lines give us a strategic advantage over our competition.
Our Over-The-Road (OTR) division manages both company drivers and owner operators, focusing on freight lines up and down the I-5 Highway and throughout the West Coast. The OTR fleet operates 148 company trucks, 11 owner-operators, and 6 teams. In 2016, the OTR fleet ran a total of 34,248,566 miles and delivered 94,767 loads. This equates to 1,375 trips around the world! The company specializes in hauling dry freight with the largest share of our business built around serving the retail and paper industries. Fred Meyer/Kroger and Costco are our two largest retail customers, while Georgia Pacific and Weyerhauser are our largest paper customers. We also offer refrigeration services for a small group of customers and have aspirations to grow this segment of our business. Industry experts expect the refrigeration market to grow at a rate of over 12% through 2019.
Our Dedicated Fleet division operates five fleets for four different customers based in the Northwest: Fred Meyer Puyallap, Fred Meyer Chehalis, Georgia Pacific, SolarWorld, and Clearwater Paper. In 2016, our dedicated fleets operated 45 company and 44 owner operator trucks, and ran 4,495,019 miles. For the second half of 2017, we will be focusing our growth efforts on introducing a heavy haul, dry and refrigerated fleet while growing our dedicated business. By expanding our equipment options we believe we can provide our current and future customers with the cost-competitive transportation services that they are looking for.
Our Tractor-On-Flatcar (TOFC) division offers high-cube and standard 53' trailers. TOFC provides customers with a cost effective alternative for moving their freight compared to OTR. The trains run north and south Monday through Saturday with service between the Portland and Los Angeles yards. Last year we shipped a total of 5,577 TOFC loads; 2,668 trailers shipped south to Los Angeles and 2,909 shipped for destinations in Washington and Oregon. Our Major customers utilizing this service are Fred Meyer, Costco, and Georgia Pacific.
Our Intermodal division offers transcontinental access to over 80,000 53' containers and holds contracts with all US class one railroads, handling over 7,500 rail shipments in 2016. Access to 45', 40' and 20' containers are also available for shipments in many westbound lanes where the full 53' of floor space is not required. Our nationwide drayage network has partners positioned and ready to pick up and deliver freight at all North American ramps. DSV also handles lanes into and out of Mexico and Canada, and well as temp-controlled intermodal service in select markets.
In the short time that DSV has owned and operated the company many positive changes have taken place. We have a new management team in place and a new transparent approach to managing the business. Driver managers and planners are encouraged to manage their fleets like entrepreneurs. This has had a positive impact on team spirit and is starting to reflect on the P&L as well.
In Q1 of this year, we began a major remodel of all office buildings which is nearing completion. In February, we partnered with DSV Solutions to share a yard and opened a new terminal in Fontana, California. We invested in 34 new Peterbilt trucks for our dedicated Fred Meyer operations in Puyallap and Chehalis which had a big impact on driver morale and immediately reduced maintenance spend.
To improve fleet management operations, safety and maintenence, we implemented Omnitracs telematics in our tractors during Q2 and are developing Chevin Fleetware, a DSV global solution, for our asset and fleet services department which is planned to go live later this year. During the next phase, these products will be integrated allowing for greater visibility of our fleet activities both in historically and in real time.
We also started an extensive right sizing project to streamline our operations by aligning fleet size to demand. Underutilized and outdated assets are being sold to achieve this along with an initiative to double shift local and dedicated trucks to maximize utilization.
In closing, the DSV Road Transport management team is "bullish about our future." There is great enthusiasm, excitement and focus around our prospects and the direction we are taking.