Layoffs and Bankruptcies
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Central Freight Lines truckers: Final paychecks came too late for Christmas
After finding out that Central Freight Lines was shuttering operations, hourly employees, including 1,325 truck drivers, learned that their final paychecks weren’t mailed out as…
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FreightWaves Classics/Fallen Flags: American Export-Isbrandtsen Lines served the Atlantic and Pacific oceans
FreightWaves Classics presents a profile of fallen flag American Export-Isbrandtsen Lines.
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FreightWaves Classics/Fallen Flags: AC&Y served Ohio industries
The Akron, Canton & Youngstown Railroad was nicknamed "Ohio's Road of Service." Read why in this FreightWaves Classics article.
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Former Central Freight Lines employee sues over LTL carrier’s shutdown
A former Central Freight Lines employee claims the Waco,Texas-based less-than-truckload carrier violated federal law by failing to give 60 days’ notice of its planned shutdown…
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FreightWaves Classics/Fallen Flags: Arrow Air carried passengers and freight for 63 years
Arrow Air was a pioneering air cargo airline that also carried passengers. Read this FreightWaves Classics profile of the company.
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Autopsy report: How Central Freight fell into a 5-year ‘death spiral’
Analysts, industry insiders and some of Central Freight Lines’ executives and drivers liken the LTL carrier’s demise to a “five-year death spiral” after the company…
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Central Freight confirms Estes Express offering to snap up drivers, buy equipment
Central Freight Lines says rival LTL carrier Estes Express, based out of Richmond, Virginia, is interested in scooping up some of the Waco, Texas-based 2,100…
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FreightCareers can help Central Freight Lines employees, others find work
In the wake of the closure of Central Freight Lines, FreightWaves reminds employers and those looking for a job to use FreightCareers.
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FreightWaves Classics/Fallen Flags: The Cotton Belt Route was a key rail line between Texas and St. Louis
This FreightWaves Classics article profiles the St. Louis Southwestern Railway's history.
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Shuttered Mississippi trucking company files Chapter 7
A Mississippi-based trucking company filed Chapter 7 bankruptcy on Tuesday, more than a year after its operating authority was revoked by the Federal Motor Carrier…
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