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Financial Challenges in the Trucking Industry

By Anthony J. Vizzoni, Esq

This month New England Motor Freight, Inc. (NEMF) filed a voluntary Chapter 11 bankruptcy proceeding seeking to liquidate all of the company’s assets for the benefit of its creditors. NEMF, which was founded in 1918 and was a leader in the trucking carrier business, provided trucking services throughout the United States and in Canada through a number of partnerships and interline carrier arrangements. Read more...

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