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New England Motor Freight, Inc. (NEMF) was a unionized less-than-truckload (LTL) and truckload freight carrier, based in Elizabeth, New Jersey. It was one of the largest LTL carriers in the US Northeast when it entered Chapter 11 bankruptcy in 2019 and subsequently shut down all operations in 2020.
LME, Inc. was a less than truckload (LTL) carrier located in Minnesota which served ten states in the Midwestern US. [2] LME, Inc. was founded in the early 2010s as a successor to Lakeville Motor Express to take over Lakeville's non-union regional freight business when its owners split this segment from their unionized business The unionized business remained with Lakeville which became a ...
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The largest freight bankruptcy in history punched a $5 billion hole in the economy, cost 30,000 jobs, and left the taxpayer holding the bag for a COVID bailout Irina Ivanova November 2, 2023 at 10 ...
The settlements range from as low as $310 owed to Newhouse Manufacturing to $4 million owed to The McGregor Company. Some of the more notable or local claims include: John Deere Financial - $2.3 ...
At the same time PepsiCo was also negotiating sale of Lee Way Motor Freight, as a further move in its divestment of its transportation division. [6] On May 23, 1984, Moving Credit Inc. merged into NAVL. [c] Over the subsequent two years NAVL was merged with the railroad in a deal that had been initially approved by the Interstate Commerce ...
The company has decided to close all American Freight stores nationwide. There are 365 stores in 40 states, so it’s a large brand. Closing sales at all stores and online will begin on Nov. 5.
Con-way, Inc. was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States.With annual revenues of $5.5 billion, [2] Con-way was the second largest less-than-truckload transport provider in North America, with additional operations for global contract logistics, managed transportation, truckload and freight brokerage.