Matheson trucking bankruptcy

A California-based trucking and logistics company, which contracts with the U.

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. The family-owned entities, founded by Robert and Carole Matheson in , filed for Chapter 11 bankruptcy in May As the company winds down operations, some employees will be asked to stay on longer to help with the closure, the letter states. Asked about the Matheson entities ceasing operations, a spokesperson for the Postal Service declined to comment. An additional workers were permanently laid off at its Long Beach, California, facility in November.

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.

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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. Independent truck drivers face many major expenses, including the purchase or lease of a truck, fuel, insurance, taxes, and more. These expenses, combined with the long hours that truck drivers typically work, some may not be making minimum wage. Certain trucking companies may be making this worse for their truck drivers by purposely misclassifying them as independent contractors rather than employees.

Matheson trucking bankruptcy

Sacramento, California-based U. Matheson Trucking Inc. Earlier this week, news emerged that Matheson Flight Extenders would lay off workers and permanently shutter facilities in Denver and Portland, Oregon. Matheson Postal Services Inc. In August , Matheson announced the layoffs of about workers in Massachusetts, Georgia and Maryland. In November , the company announced the closure of two California facilities, resulting in layoffs. Matheson is a mail handling, transportation, and logistics company which contracts with the United States Postal Service USPS to process mail at various facilities throughout the United States. The company that would become Matheson Trucking was founded by Robert and Carole Matheson in as water delivery company R.

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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 FTSE 7, Gold 2, Clarissa Hawes Clarissa has covered all aspects of the trucking industry for 16 years. Silver 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. Ray admitted that over a month period — June until April — he defrauded investors in CSA Business Solutions LLC, headquartered in Imlay City, Michigan, telling them he had 4, trucks and 4, drivers when he only had two trucks and four drivers. CMC Crypto Kirchner sought to have Slync pay his legal bills in his ongoing fraud case after his assets were frozen by the feds. The post Postal contractor Matheson Trucking shuttering operations after 60 years appeared first on FreightWaves. The letters list Jan. This led to consolidation among mail hauling companies that could service a larger region and squeezed out some of the smaller private contractors in the industry.

In , at the time of this photo, Matheson Trucking was planning to add 27 CNG-powered tractors to its fleet that year. It began converting its fleet to clean-powered engines in Later, by , nearly half of its heavy-duty trucks were powered by natural gas.

I have worked for Matheson Postal Service on 3 different relay runs,interstate. Dow 30 38, In May, former Slync. Gold 2, Your name will not be used without your permission. Russell 2, While the August demise of less-than-truckload carrier Yellow Corp. 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. Nasdaq 15, 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. That family-owned carrier, which had 37 drivers and 66 power units, ceased operations and filed for Chapter 7 bankruptcy. If you have a news tip or story idea, send her an email to [email protected].