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Beginning Dec. 13, Central Freight Lines will no longer pick up freight. The Waco, Texas, less-than-truckload carrier announced it will shut down its business after 96 years due to debt, leaving ...
Central Freight Lines is ceasing operations after nearly a century in business, ... “In 2020, Central was ranked the 21st among LTL carriers with roughly $255 million in revenues.
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 ...
Waco, Texas-based LTL carrier, which employs 1,325 drivers, announced that it has ceased picking up new shipments and expects to deliver all freight in its system by Dec. 20.
After FreightWaves broke the news late Saturday that less-than-truckload carrier Central Freight Lines planned to cease operations on Monday after 96 years, other LTL carriers have stepped up ...
Central Freight is coordinating with other regional LTL carriers to afford its employees opportunities to apply for other LTL jobs in their area. Discussions are ongoing and no purchase of assets ...
Trucking company Central Freight Lines Inc. will wind down its business in the coming weeks after failing to halt years of losses despite strong demand in freight markets during the pandemic, the ...
The $46 billion less-than-truckload market tightened considerably with the sudden closing of venerable Waco, Texas-based Central Freight Lines, the nation’s 23rd-largest LTL carrier with $256 million ...
Less-than-truckload carrier Central Freight Lines has signed a letter of intent to acquire Wilson Trucking Corp., also an LTL carrier, in a move to expand Central’s service territory into the ...
Central Freight Lines has purchased the LTL assets of Tucker, Ga. based company Drug Transport, Inc. expanding its business into the state. DTI is an LTL carrier, truckload carrier and broker ...
LTL carrier Central Freight Lines Inc. said it has withdrawn its proposed initial public offering (IPO) of up to $74.75 million of stock, according to a regulatory filing. Waco ...
The $46 billion less-than-truckload market tightened considerably with the sudden closing of venerable Waco, Texas-based Central Freight Lines, the nation’s 23rd-largest LTL carrier with $256 million ...
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