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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.
Schneider hauls 19,318 loads per day, with 11,650 company drivers, 10,120 company trucks and 33,830 trailers on the road. [citation needed] The company has 166 facilities, conducting business in the United States, Mexico, Canada and China. Schneider's customers include more than two-thirds of the FORTUNE 500 companies.
The company also launched the Estes SureMove division, an alternative to full-service household moving. In 2019, Estes acquired South Brunswick, New Jersey–based truckload carrier Eastern Freight Ways and third-party logistics (3PL) provider Carrier Industries, the two most profitable affiliates of bankrupt New England Motor Freight (NEMF).
New Century AirCenter Railroad (JCAX) New England Central Railroad (NECR) New England Southern Railroad (NEGS) New Hampshire Central Railroad (NHCR) New Hampshire Northcoast Corporation (NHN) New Hope and Ivyland Railroad (NHRR) New Jersey Rail Carriers, LLC (NJRC) New Jersey Seashore Lines (NJSL) New Orleans and Gulf Coast Railway (NOGC)
Swift Transportation became public again on December 16, 2010, trading on the New York Stock Exchange (NYSE). [19] The company offered 73,300,000 shares at $11.00 per share, raising almost $766 million, with the proceeds used for debt reduction. The offering represented 54.9% of the company, valuing the company at $1.86 billion.
This page was last edited on 16 January 2024, at 22:54 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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