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Central had more than 2,100 employees, including 1,325 drivers, and 1,600 power units. It operated 65 terminals. To accommodate its debt load, Central was leasing some terminals for which it had sale-lease-back agreements. Central lost approximately $67 million last year and reportedly lost upward of $250 million in the past decade or so.
Dec 21, 2021 · Central Freight Lines plans to lay off nearly 700 people in Texas, including 162 in Houston, as it winds down its operations despite soaring demand for trucking. The Waco company said it stopped ...
centralfreight.com
In 2020, New England Motor Freight, the 17th-largest LTL carrier, closed up shop. And last year Texas-based Central Freight Lines, a 99-year-old carrier, closed before Christmas, idling 2,000 workers just before the holiday. Of course, these closures occurred during one of the greatest bull markets in trucking.
Phone: 254-741-5305. p:254-741-5305. WACO, TX 76710 United States. Fax: 254-741-5370. f:254-741-5370. Business Summary. Central Freight Lines, Inc. (Central) is a regional less-than-truckload (LTL) trucking company that has operations in the southwest, midwest and northwest regions of the United States.
Dec 21, 2021 · Dec 21, 2021. Waco-based Central Freight Lines Inc. is shutting down its business after nearly a century, prompting layoffs in Houston and other cities. Central Freight Lines, or CFL, said it was ...
Dec 13, 2021 · Pro Bankruptcy Newsletter Pro Bankruptcy Briefing: Trucker Central Freights to Wind Down; Ares Raises $8 Billion in Direct-Lending Arms Race Dec. 13, 2021 9:04 am ET | WSJ Pro
