New England Motor Freight, Inc. (NEMF), the 19th largest less-than-truckload carrier in the United States, yesterday announced that the Company and ten related entities have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey in Newark on February 11, 2019. NEMF intends to use these proceedings to facilitate an orderly wind-down of its operations.
While industry watchers knew NEMF was having problems, no one had anticipated a bankruptcy filing and a subsequent shutdown. As a result of yesterday’s announcement, NEMF was removed as an LTL freight carrier option from the LogisticsPlus eShipPlus™ TMS, and we are recommending to our customers that no new shipments be tendered to NEMF at this time. If you have any current, undelivered shipments with NEMF through Logistics Plus, please contact us if you have any questions.
Additional Sources:
http://www.nemf.com/new-england-motor-freight-files-voluntary-chapter-11-petition/
https://www.freightwaves.com/news/ltl-nemf-to-shit-down-after-filing
