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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.
Infrequent freight service continued for a short while but, as of 1995, there was no freight service on the line. [ 6 ] The refurbished Poughkeepsie Bridge, originally opened on January 1, 1889 with a total length of 6,768 feet and a height above the Hudson of 212 feet, is now a New York State Park, Walkway Over The Hudson , completed in 2009.
The final New England state without a railroad, Vermont, gained its first when the Vermont Central Railroad was chartered in 1843. [12] In the year 1850, no less than half of the railroad mileage in the United States was within New England. [13] Entering the second half of the 19th century, many smaller companies merged or were absorbed by others.
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Global Container Freight Index, July 2019 – August 2022. In 2021, as a consequence of the COVID-19 pandemic and, later, the ongoing 2022 Russian invasion of Ukraine, global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns. Causes of the economic slowdown included workers becoming sick with COVID ...
As the government lurches toward the debt ceiling -- and a possible default -- investors are moving out of short-term U.S. Treasuries. The government's short-term cost of borrowing has surged as a ...
The New England Central Railroad main line runs from New London, Connecticut, to Alburgh, Vermont, at the Canada–US border, a distance of 366 miles (589 km). [1] Several short branch lines bring the company's total trackage to 384 miles. [2] Primary sources of traffic include lumber, metals, chemicals, and crushed stone.