CLOSURE
Central Freight Lines to shut down after 96 years
Central Freight Lines · United States · Announced 12/13/2021
CLOSED
WarehouseIntel summary
Central Freight Lines, an LTL carrier, is ceasing operations after 96 years. A source indicated the company does not plan to reorganize. It is uncertain whether the company will file Chapter 7 or liquidate outside of bankruptcy.
Why it matters
The shutdown of a long-standing LTL carrier like Central Freight Lines impacts the overall transportation capacity within the logistics sector. This event could lead to shifts in freight volumes among remaining carriers.
Project facts
- Company
- Central Freight Lines
- Country
- United States
- Project status
- CLOSED
- Announced
- 12/13/2021
Provenance
- Source
- FreightWaves news
- Source date
- 12/13/2021
- Verification status
- SOURCE_REPORTED
This record reflects what the cited source reported at the time it was retrieved and may change without notice. Verify current project status directly with the company or developer.