The Elizabeth, N.J.-based company operated nearly 2,000 power units and employed more than 1,700 drivers. NEMF says it posted losses the last two years, despite bringing in half a billion in revenue, according to data in the CCJ Top 250. The Wall Street Journal reported Tuesday that the company owes tens of millions of dollars to creditors and was weighed down by union pension funds. 


Read the rest of this article by one of our favorite contributors who provide some of the best supply chain content in the industry.