He further diversified the enterprise by establishing and growing Zip Mart, a prominent chain of convenience stores, and eventually developing a network of truck stops along the East Coast. His deep involvement in the retail side of the industry led him to serve as the chairman of the National Association of Truckstop Operators.
The genesis of Eagle Transport
Leveraging his expertise in petroleum distribution, Stallings founded Eagle Transport in the late 1960s. He intentionally chose a patriotic red, white, and blue color scheme to represent American pride. Under his guidance, the Rocky Mount-headquartered company became a dominant provider of transportation services across the Southeast.
Within the industry, Stallings was known for his distinct leadership philosophy and uncompromising standards. He famously attributed his success to hiring individuals smarter than himself and trusting them to lead. He also maintained a high standard for his fleet, insisting that his trucks and trailers “sparkle” to reflect the quality of the company’s service.
A multi-faceted entrepreneur
Beyond the tank truck and oil sectors, Stallings’ business interests were vast:
- Diversified interests: He held successful stakes in Super Flame Gas Company and a network of motorcycle dealerships.
- Banking: In 2012, he served as a founding director and organizer of First Carolina Bank, helping to grow it into a multi-state institution with offices stretching from Atlanta to Virginia Beach.
- Industry advocacy: In addition to his work with NATSO, he served as a board member with National Tank Truck Carriers.
Colleagues remember Stallings as an intuitive businessman and a bold risk-taker. In an interview with the Rocky Mount Telegram, Eagle President and COO Lance Collette noted that Stallings possessed a lifelong drive to see the company excel, fostering a culture of longevity where many employees stayed for decades.
Stallings is survived by his wife of 45 years, Billie J. Stallings, a stepson, and two grandsons. A memorial service is scheduled for June 13 at Lakeside Church in Rocky Mount. In lieu of flowers, the family has requested memorial gifts be made to the UNC Health Foundation or Lakeside Church.