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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.
He characterized the shut down as a “self-imposed time-out” caused by a difficult market for freight companies. Tiger Cool is seeking new investors. He declined to disclose how many employees ...
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In December 2003 Yellow Corporation, at the time the second largest LTL carrier in the US, acquired the largest, Roadway Corporation, for US$1.05 billion. [13] [14] Roadway had been spun off from its former parent, holding company Roadway Services Inc. (RSI), in 1995 and operated as an independent, publicly traded company since then.
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[43] [44] During wind-down of CFL operations, Richmond, Virginia-based LTL carrier Estes Express Lines expressed interest directly to CFL in hiring many of CFL's drivers and made offers for some CFL equipment. [45] CFL's failure was the largest trucking industry closure since the shutdown of truckload carrier Celadon Group in 2019. According to ...
Yellow Corp. officials have announced that its trucking company has officially declared bankruptcy following a standoff with the Teamsters Union.
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