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Home > Forum > Chapter 7

Chapter 7

Dec 12, 2021 at 09:51 AM CST
Posted by a private FlatLoads.com member.
Posted by a private FlatLoads.com member.
CFL a company that is 96 years old, had 2100 employees is reportedly shutting the doors on Monday. So how does this happen when the news media screams daily about the terrible trucker shortage?
Replied on Mon, Dec 13, 2021 at 08:01 AM CST
Posted by a private FlatLoads.com member.
Posted by a private FlatLoads.com member.

Sad to see, but it doesn't surprise me swift transportation and North American truck lines are involved, and the liberal party will find some way to blame Trump.
Replied on Wed, Dec 15, 2021 at 11:41 AM CST
Posted by a private FlatLoads.com member.
Posted by a private FlatLoads.com member.

It has absolutely zip to do with a trucker shortage . It`s math , just simple math. “The company has been hemorrhaging cash and had operating losses for many years. It got to the point that our liquidity dried up,” Mr. Kalem said. “Our owner has put a fortune into the company. We were just tapped out.”