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Central Freight Lines unexpectedly shuts down operations after 96 years

 
Logan Five

User ID: 78308168
Germany
12/14/2021 04:19 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Not surprised.

The company that doesn't invest in its future has no future.

As simple as such.
 Quoting: The Climate Warrior


America has no future, genius.
Deep Sleep Sandman.
"Build Back Better" is a lie!
There is no "renewal"!
Anonymous Coward
User ID: 81349024
12/14/2021 04:20 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Right before the holidays

2100 people now unemployed.



[link to www.kwtx.com (secure)]


WACO, Texas (KWTX) - A Central Texas company that’s lasted for generations is unfortunately closing its doors.

After 96 years, Central Freight Lines will shut down its business.

Cassandra Alexander is a single mother of three that’s been a delivery driver for the company for the last four years. However, after scrolling through her phone yesterday afternoon, she found out that she and more than 2,000 other coworkers were without a job.

“It’s a big shock to all of us and mainly to me because we weren’t told anything,” she said.


“I found out through social media. I just didn’t know that it would be like this, without any warning right before Christmas. We’re literally less than two weeks from it and it’s just crazy.”

Central Freight Will officially cease picking up new shipments effective Monday and expects to deliver all freight remaining by December 20, citing too much debt and an inability to pay bills.

 Quoting: Oaken Paw



Rockefellers (yes they are still around amd still trillionaires) and other bigwigs killing off smaller companies and buying the remains for pennies on the dollar.
Anonymous Coward
User ID: 80365094
United States
12/14/2021 04:21 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Human trafficking seizure?
 Quoting: St. Pete Traveler


Once the wars start, be back in full swing
The Climate Warrior

User ID: 81222480
India
12/14/2021 04:23 PM

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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Not surprised.

The company that doesn't invest in its future has no future.

As simple as such.
 Quoting: The Climate Warrior


America has no future, genius.
 Quoting: Logan Five


Not true dear, I have spent 20 years of my career in the US and Canada, there is still a lot of steam left. The only problem is people are far more disorganized than before. You need better leadership neither Trump nor Biden.
The Quite Observer in the Room...
uscrusader1

User ID: 79524545
United States
12/14/2021 04:36 PM

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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Losing their payroll company ought to really simplify things.

Kronos hacked and out of service.
Horticulture

User ID: 76437615
United States
12/14/2021 04:42 PM

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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Build Back Better? Hardly. More like Broke Down & Busted.
Anonymous Coward
User ID: 80631974
United States
12/14/2021 04:54 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Right before the holidays

2100 people now unemployed.



[link to www.kwtx.com (secure)]


WACO, Texas (KWTX) - A Central Texas company that’s lasted for generations is unfortunately closing its doors.

After 96 years, Central Freight Lines will shut down its business.

Cassandra Alexander is a single mother of three that’s been a delivery driver for the company for the last four years. However, after scrolling through her phone yesterday afternoon, she found out that she and more than 2,000 other coworkers were without a job.

“It’s a big shock to all of us and mainly to me because we weren’t told anything,” she said.


“I found out through social media. I just didn’t know that it would be like this, without any warning right before Christmas. We’re literally less than two weeks from it and it’s just crazy.”

Central Freight Will officially cease picking up new shipments effective Monday and expects to deliver all freight remaining by December 20, citing too much debt and an inability to pay bills.

 Quoting: Oaken Paw

You will be seeing a lot of this as the dark winter rolls out. By next winter billions will be serving....
Anonymous Coward
User ID: 77888049
Canada
12/14/2021 05:02 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Our company deals with them. They currently have over 600 of our orders.

They told us they cannot guarantee delivery. Unreal.
 Quoting: Oaken Paw


Good Lord, what's gonna happen to YOUR company? That could be quite a chain reaction.
beeches

User ID: 78973486
United States
12/14/2021 05:22 PM

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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
sad to read this. I hope it does not happen to other railroads.

want to stop this:


locomotive
Liberalism is totalitarianism with a human face – Thomas Sowell
ScrumpTheTexanModerator
Forum Administrator

12/14/2021 05:25 PM

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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
My former step-dad, who died 20 years ago worked for them for 40 of those 96 years.

Let's go Brandon.
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Anonymous Coward
User ID: 81523578
United States
12/14/2021 05:34 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
The country is being intentionally killed by the rich and powerful.
Heads will roll?
 Quoting: Anonymous Coward 78649571


Rich and powerful.
}€Ws.
 Quoting: Anonymous Coward 72728913


QUI?
thehop

User ID: 79298980
United States
12/14/2021 05:40 PM

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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
A lot of them are about to do the same shit.
All my post are theatrical artistic writing .
Anonymous Coward
User ID: 81536410
United States
12/14/2021 05:41 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
But Joe said the shelves would be stocked for Cronemas.
T2256

User ID: 80987710
United States
12/15/2021 09:06 AM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Right before the holidays

2100 people now unemployed.



[link to www.kwtx.com (secure)]


WACO, Texas (KWTX) - A Central Texas company that’s lasted for generations is unfortunately closing its doors.

After 96 years, Central Freight Lines will shut down its business.

Cassandra Alexander is a single mother of three that’s been a delivery driver for the company for the last four years. However, after scrolling through her phone yesterday afternoon, she found out that she and more than 2,000 other coworkers were without a job.

“It’s a big shock to all of us and mainly to me because we weren’t told anything,” she said.


“I found out through social media. I just didn’t know that it would be like this, without any warning right before Christmas. We’re literally less than two weeks from it and it’s just crazy.”

Central Freight Will officially cease picking up new shipments effective Monday and expects to deliver all freight remaining by December 20, citing too much debt and an inability to pay bills.

 Quoting: Oaken Paw


I'd expect that the current Communists in charge have used there talents to screw over this large corp; AND I'd expect the elites running this company into the ground have been cashing out there interests over the last several years; trucking is only profitable when you can self~insure the business; otherwise it would be impossible to compete with the other trucking companies that self~insure.

If your unfamiliar with the concept of self insurance; it's pretty simple. Charge your customers an extra fee to INSURE your delivery work; make the rates high enough with perks to make lots of cash; be sure to put a ton of legal words in a contract and force a signature from your clients; make your claims almost impossible to payout with a bunch of lawyers.

Many of the world's billionaires make mint on selling term insurance that hardly ever pays out a dime.

So now you know.

hf
T2256
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Anonymous Coward
User ID: 79946833
United States
12/15/2021 09:37 PM
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Re: Central Freight Lines unexpectedly shuts down operations after 96 years
Human trafficking seizure?
 Quoting: St. Pete Traveler


Likely





GLP