Truckload carrier

Trucking Rates Expected to Rise as Large LTL Carrier Declares Bankruptcy

Trucking Rates Expected to Rise as Large LTL Carrier Declares Bankruptcy

New England Motor Freight is shutting its doors after announcing Chapter 11 bankruptcy last week.  The company has been in business since 1918, growing to be the 19th largest LTL carrier with revenues of $402 million in 2017, over 10,000 pieces of equipment, 40 terminals and 1,300 drivers.  (1)