- Exclusive: Central Freight Lines to shut down after 96 years
Central Freight will cease picking up new shipments effective Monday and expects to deliver substantially all freight in its system by Dec 20, according to a company statement
- Central Freight Lines shuts its doors » Land Line Media
Less-than-truckload carrier Central Freight Lines of Waco, Texas, is shutting down operations, putting 2,100 people out of work, including 1,325 drivers Central Freight operates 1,600 power units from 65 terminals in the southern U S from California in the west to Florida and Virginia in the east
- Central Freight Lines - Wikipedia
The prospect of a total shutdown led former CFL management, including former president Joe Hall, to open negotiations to buy the former carrier [15] They would succeed in 1997 when Caliber sold them a significant portion of former CFL operations
- Central Freight Lines Shuts Its Doors | Go By Truck Global News
Less-than-truckload carrier Central Freight Lines of Waco, Texas, is shutting down operations, putting 2,100 people out of work, including 1,325 drivers Central Freight operates 1,600 power units from 65 terminals in the southern U S from California in the west to Florida and Virginia in the east
- Central Freight Lines (CFL): Retrospective : r FreightBrokers - Reddit
CFL's closure marked the largest shutdown in the trucking industry since the closure of Celadon Group in 2019 According to Kalem, the challenges that led to CFL's closure began with the loss of a major customer in 2016 amid a debt-financed four-year fleet replacement that concluded in 2017
- Central Freight Lines Shuts Down After Nearly a Century in Business
Central Freight Lines is ceasing operations after nearly a century in business, the company announced Dec 13 The Waco, Texas-based less-than-truckload carrier said it had started winding down
- Autopsy Report: How Central Freight Fell Into a 5-Year . . . - Benzinga
Analysts, industry insiders and some of Central Freight Lines' executives and truck drivers liken the LTL carrier's demise to a "five-year death spiral" after the company lost a major customer,
- Autopsy report: How Central Freight fell into a 5-year ‘death spiral’
Analysts, industry insiders and some of Central Freight Lines’ executives and truck drivers liken the LTL carrier’s demise to a “five-year death spiral” after the company lost a major customer, then acquired two failing companies The end of the 96-year-old company was the biggest shutdown in trucking since Celadon in December 2019
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