I used to work there. Huge company. Somebody told me a long time ago the old man would shut it down and sell off the assets the minute he didn’t think he was making all the money. I guess they were right.
Shevell Group's Chapter 11 filing involves ten related businesses, including truckload carrier Eastern Freightways, Apex Logistics, and Carrier Industries, a warehousing and dedicated trucking business.
New England Motor Freight, a major player in the competitive New York regional trucking market, sought bankruptcy protection and intends to wind down operations.