Shippers “don’t need to panic” over two recent bankruptcies, an LTL expert says, but they do need to vet transportation providers more carefully, and look for signs of trouble before a bankruptcy.
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New England Motor Freight (NEMF)
New England Motor Freight (NEMF)
New England Motor Freight is a privately held less-than-truckload subsidiary of Shevell Group. Other companies in Shevell Group include Carrier Industries, Eastern Freight Ways, NEMF Logistics, NEMF World Transport, and Apex Logistics. Acquired by Shevell Group in 1977 with headquarters in Elizabeth, N.J., the company reported 2013 revenue of $450 million, up 0.6 percent year-over-year.
NEMF is No. 48 on JOC’s list of Top 50 Trucking Companies in 2013. The company operates more than 10,000 pieces of equipment, 40 terminals, and 32 service facilities throughout the Northeast and Midwest, making it one of the fastest-growing family-owned LTL carriers in 2013.
The LTL carrier reaches 80 percent of the U.S. population through service partnerships, as well as Canada and Puerto Rico. Services offered include retail, LTL/TL, expedited service, just-in-time (JIT), sorting and segregating, labeling, garment-on-hanger (GOH), import/export services, and consolidation/distribution.
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Press Releases
21 May 2019
Retail giants Walmart and Amazon have entered into conversations directly with Class I railroads to enter in service agreements, bucking the historical structure in which shippers are required to use intermediaries to procure space.
14 May 2019
Shippers shouldn’t be worried about large carriers shutting down, but smaller trucking firms are vulnerable as the freight market softens.
26 Apr 2019
An infusion of trucks and tractors from bankrupt NEMF would help Estes stretch its service offerings further beyond LTL and deeper into flatbed and dedicated truckload markets.
12 Feb 2019
New England Motor Freight will be delivered in "orderly" liquidation blamed on loss of key accounts, driver shortage, "onerous" union contract.
11 Feb 2019
Shevell Group's Chapter 11 filing involves 10 related businesses, including truckload carrier Eastern Freightways, Apex Logistics, and Carrier Industries, a warehousing and dedicated trucking business.
