Matheson trucking bankruptcy

Over the past five months, the Matheson entities have laid off nearly 3, workers, a source familiar with the situation told FreightWaves.

A California-based trucking and logistics company, which contracts with the U. Postal Service to haul mail, recently filed for Chapter 11 bankruptcy. Family-owned Matheson Postal Services Inc. The year-old trucking and logistics company states that it has up to 5, creditors and maintains that funds will be available for distribution to unsecured creditors once it pays administrative fees. The company was founded by Robert and Carole Matheson in and is a transportation and logistics provider for the Postal Service and other commercial carriers. That family-owned carrier, which had 37 drivers and 66 power units, ceased operations and filed for Chapter 7 bankruptcy. The program, known as Dynamic Route Optimization , changed the way private carriers were paid — switching from contract rates to paying trucking companies on a mileage basis.

Matheson trucking bankruptcy

While the August demise of less-than-truckload carrier Yellow Corp. Other FreightWaves stories focused on fraud investigations and the mysterious disappearance of an Iowa truck driver, who was last seen by his family on Nov. In December, U. Amid an ongoing financial dispute with the Postal Service, the Matheson entities laid off nearly 3, workers over a five-month period, a source familiar with the situation told FreightWaves. The family-owned entities, founded by Robert and Carole Matheson in , filed for Chapter 11 bankruptcy in May Read the story. After two years of record growth during the COVID pandemic, Jacksonville, Florida-based Surge Transportation, a digital freight brokerage, sought a buyer and slashed its rates and workforce nearly a year before it filed for bankruptcy protection in late July Since May, motor carriers claimed they had been fighting for months to get paid after hauling brokered loads for Meadow Lark. On Oct. In May, former Slync. Kirchner sought to have Slync pay his legal bills in his ongoing fraud case after his assets were frozen by the feds.

An additional workers were permanently laid off at its Long Beach, California, facility in November. FTSE 7, Bitcoin USD 68,

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If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information. A number of trucking companies across the United States, including the Matheson trucking company based in California, may be misclassifying or underpaying their truck drivers in violation of state and federal labor laws. The Matheson trucking company has been around for nearly 60 years , providing transportation and logistics for a variety of commercial carriers, including the United States Postal Service USPS. Unfortunately, Matheson is one of a slew of trucking companies that may be either underpaying or misclassifying their truck drivers. Working as an owner operator truck driver can be an expensive endeavor.

Matheson trucking bankruptcy

Six of the plaintiffs are black, many from Mali. One plaintiff is a white whistle-blower who was fired for challenging racist practices of the California-based company. The lawsuit was filed in U. District Court in All but two plaintiffs are or were mail handlers at a warehouse at E. Four plaintiffs were from Mali. One is from Brazil.

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An additional workers were permanently laid off at its Long Beach, California, facility in November. He also faced unrelated charges in state court that he allowed more than pigs to starve or freeze to death in his care in December Join us as we explore best practice processes in pricing, visibility, automation, sales, and carrier selection. That family-owned carrier, which had 37 drivers and 66 power units, ceased operations and filed for Chapter 7 bankruptcy. Trucking giant U. A look back at some of the key trucking stories FreightWaves covered in Read full article District Court for the Southern District of New York after pleading guilty in March to four counts of wire fraud, including one count while he was released on bail. Clarissa Hawes. I have worked as a Class A Driver for 4 decades. FTSE 7,

Over the past five months, the Matheson entities have laid off nearly 3, workers, a source familiar with the situation told FreightWaves. The letters list Jan. Under the WARN Act, employers with more than employees at a location must give authorities a day advance notice of a planned closure and job layoffs.

Gold 2, The program, known as Dynamic Route Optimization , changed the way private carriers were paid — switching from contract rates to paying trucking companies on a mileage basis. The family-owned entities, founded by Robert and Carole Matheson in , filed for Chapter 11 bankruptcy in May CMC Crypto Nikkei 40, Nikkei 40, Your name will not be used without your permission. Read full article. Bitcoin USD 68, FTSE 7,