Central Truck Lines Closing
Topic 31215 | Page 1
I'm a bit surprised by this considering LTL companies like most trucking companies have been extremely busy.
Will not surprise me if OD buys up a bunch of their equipment. Which we need but I'd be concerned as to what condition it's in, maintenance is the first thing to go when a company is struggling.
LTL:
Less Than Truckload
Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.
LTL carriers include:
- FedEx Freight
- Con-way
- YRC Freight
- UPS
- Old Dominion
- Estes
- Yellow-Roadway
- ABF Freight
- R+L Carrier
Just saw this this morning, beat me to it
I thought that CF was owned by Swift. Swift has aquired several other LTL companies this year in order to expand in that market. Why would they allow CF to go?
LTL:
Less Than Truckload
Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.
LTL carriers include:
- FedEx Freight
- Con-way
- YRC Freight
- UPS
- Old Dominion
- Estes
- Yellow-Roadway
- ABF Freight
- R+L Carrier
I thought that CF was owned by Swift. Swift has aquired several other LTL companies this year in order to expand in that market. Why would they allow CF to go?
I got the 'Central' guys confused, as well. This is the one Swift owns:
Central REFRIGERATED Transport.
I posted a thread, a few days ago, thinking it was THESE guys!
Central Transport, Inc. (Ohio.)
Still, interesting why they'd let 1,300 drivers/tractors, in the LTL world, go. Celadon, though not LTL, all over again. Right before Xmas.
~ Anne ~
LTL:
Less Than Truckload
Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.
LTL carriers include:
- FedEx Freight
- Con-way
- YRC Freight
- UPS
- Old Dominion
- Estes
- Yellow-Roadway
- ABF Freight
- R+L Carrier
Just saw this this morning, beat me to it
Saw it Sunday, myself; via a 'push' from CdlLife.
Posted a thread, but i'm hoping O/S took it down; I had the 'wrong' Central.
(There are 3 big 'CENTRAL' players, now two.. i guess, haha!)
~ Anne ~
ps: Who ARE you with now, Paulianoman?!?!? ;) (NICE ring, actually!)
CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles:
- Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
- Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
- Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
- Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
It’s interesting that Jerry Moyes retired from Swift, then the acquisition from Knight took place. Jerry went on to oversee Central which now goes under.
It’s interesting that Jerry Moyes retired from Swift, then the acquisition from Knight took place. Jerry went on to oversee Central which now goes under.
Swift has some kind of partnership with Central. I work for Swift, and have hauled Central trailers before. I also park at the Central terminal at Houston if delivering Swift loads to that area. Guess I won’t have a place In Houston to park now. My question is, why won’t Swift buy out Central. Swift has been on a LTL buying spree this year.
Terminal:
A facility where trucking companies operate out of, or their "home base" if you will. A lot of major companies have multiple terminals around the country which usually consist of the main office building, a drop lot for trailers, and sometimes a repair shop and wash facilities.
LTL:
Less Than Truckload
Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.
LTL carriers include:
- FedEx Freight
- Con-way
- YRC Freight
- UPS
- Old Dominion
- Estes
- Yellow-Roadway
- ABF Freight
- R+L Carrier
It’s interesting that Jerry Moyes retired from Swift, then the acquisition from Knight took place. Jerry went on to oversee Central which now goes under.
Swift has some kind of partnership with Central. I work for Swift, and have hauled Central trailers before. I also park at the Central terminal at Houston if delivering Swift loads to that area. Guess I won’t have a place In Houston to park now. My question is, why won’t Swift buy out Central. Swift has been on a LTL buying spree this year.
Maybe they will. It might have a few people wondering though. Knight had to clean up a bit of financial disarray in their merger and now you have Central saying the reason for closing is mounting debt and unpaid bills. Either Moyes has lost his touch in management or they found someone good at shutting companies to make them easier to buy up.
Terminal:
A facility where trucking companies operate out of, or their "home base" if you will. A lot of major companies have multiple terminals around the country which usually consist of the main office building, a drop lot for trailers, and sometimes a repair shop and wash facilities.
LTL:
Less Than Truckload
Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.
LTL carriers include:
- FedEx Freight
- Con-way
- YRC Freight
- UPS
- Old Dominion
- Estes
- Yellow-Roadway
- ABF Freight
- R+L Carrier
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In case you haven't heard, yet another company is closing.