NJ.com Article

Discussion in 'New Century Transportation' started by StephenT, Jul 4, 2014.

  1. StephenT

    StephenT New Member

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  2. TeamsterForever

    TeamsterForever Member

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    StephenT, very enlightening article stating all the facts.....bottom line they were $79 Million in owed debt....poor management of funds wouldn't you agree???
     
  3. StephenT

    StephenT New Member

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    Indubitably my good chap. Mismanagement of funds can be a sticky wickett to get out of.
     
  4. Bosslinco76

    Bosslinco76 Active Member

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    Well looks like 625 tractors and 1500 trailers in various sizes will end up all over the lower 48! Probably Hale Trailer. NEMF, and BNB Trailer lease will end up with a bulk of them? They are bottom feeders on that market. There is no way all that equipment is in Westhampton and or River Rd drop yard in Pennsauken? I wonder if it is all accounted for or is hiding somewhere in tristate ?:shrug:area?
     
  5. AkitaDog

    AkitaDog Well-Known Member

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    You'll probably see the tractors pulling containers up and down the Jersey turnpike!
     
  6. Rodedog

    Rodedog Member

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    Yeah because NEMF is the only carrier that buys used trailers...:busted:
     
  7. StephenT

    StephenT New Member

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    I presume most will be repainted a generic white by the leasing company, the smokers specials will probably be gutted and refurbished (sorry guys, some of your trucks stunk worse than an ashtray, i got a smell of it a few times here and there). The trailers will probably just get the decals removed and used by Atlantic Utility or something like that
     
  8. Unionlife

    Unionlife Member

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    Believe me all the worthwhile equipment will be purchased thru H M so that they can start to build up a local and road fleet for his friends at Gully Transportations east coast operations!
     

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