Trucking news and briefs for Thursday, March 9, 2023:
FreightWorks Transport, a nearly 200-truck hazmat, high-security and temperature-controlled freight hauler based in Rutherfordton, North Carolina, is officially closing its doors.
Jordan Kidd, FreightWorks' director of business intelligence, marketing & IT, told CCJ on Wednesday that company owner Josh Farmer closed the company “in the most honorable way I’ve seen this happen in this industry,” with freight being delivered and employees getting paid.
“The owner has taken great time, effort and resources that he didn’t even have to make sure that everyone got home safely, fuel cards weren’t turned off before people got home, freight was all delivered – there’s no abandoned loads across the country – and everyone gets their last paycheck,” Kidd added.
In a press release, the company said that several customers “required massive rate and volume concessions in the last week,” which “far exceeded the scale of what we could absorb,” despite moves to adapt to the current freight environment.
Kidd said employee response to the news of the closure “has overwhelmingly been nothing but support for everyone else, for fellow teammates.
“It’s very unfortunate, but everyone hopes that just one day there will be a trucking company equal to that which FreightWorks was,” he added. “It’s been encouraging to see the response, especially from employees.”