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Yellow’s bankruptcy in July punched a $5 billion hole in the U.S. economy that won’t be easy to fill. Yellow, financially beleaguered for years, finally threw in the towel amid a public ...
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.
Yellow Corporation was an American transportation holding company headquartered in Overland Park, Kansas.Its subsidiaries included national less than truckload (LTL) carrier YRC Freight; regional LTL carriers New Penn, Holland, and Reddaway; and freight brokerage HNRY Logistics. [5]
In 1998, Interstate acquired Orange, California-based Global Van Lines to become one of the largest moving companies in the US with reported annual revenues of $120 million. Global was an agent-owned co-operative focused on the West Coast while Interstate's business was still primarily in the Eastern US. [10]
The company has decided to close all American Freight stores nationwide. There are 365 stores in 40 states, so it’s a large brand. Closing sales at all stores and online will begin on Nov. 5.
Furniture store American Freight is set to close all of its 328 locations in dozens of states as a part of Chapter 11 bankruptcy proceedings by its parent company, Franchise Group Inc.
The Interstate Highway system (2007) Estimated average annual daily truck traffic for Interstate and major US Highways (1998). Components of diesel exhaust were confirmed as an animal carcinogen in 1988 by the National Institute for Occupational Safety and Health, and by 2002, the U.S. Environmental Protection Agency (EPA) considered it "likely to be carcinogenic to humans". [8]
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