25 years ago: 1986
About 10,000 workers across the country, including about 500 Memphians, lost their jobs yesterday when McLean Trucking Co. filed for reorganization under the U.S. bankruptcy code. McLean, the nation's fifth largest trucking firm, is one of a number of trucking firms that have failed since the deregulation of the industry, which opened the roads to cut-rate, nonunion companies. A trucking industry observer warned that McLean's troubles could affect other trucking companies with operations in Memphis.
About 10,000 workers across the country, including about 500 Memphians, lost their jobs yesterday when McLean Trucking Co. filed for reorganization under the U.S. bankruptcy code. McLean, the nation's fifth largest trucking firm, is one of a number of trucking firms that have failed since the deregulation of the industry, which opened the roads to cut-rate, nonunion companies. A trucking industry observer warned that McLean's troubles could affect other trucking companies with operations in Memphis.