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Freight Recession Claims Another Victim

August 1, 2019
freight recession

It’s been a brutal year for the freight industry. A recession in the business has taken hold and had devastating consequences. In fact, several long-time companies have had to shut down altogether this year. Proof that the freight industry is really, truly experiencing dark days.

Further proof of this state of affairs came on July 30 when another company suddenly stopped operations. Terrill Transportation Inc. hailing from Livermore, California halted their services out of the blue. Manny Bhandal, president of Bhandal Bros. Inc, of Holister, California said that three refrigerated trucks from his company full with candy, showed up at Terrill’s warehousing and storage company were turned away on July 30.

“We did get an email from one of their receiving clerks, basically, apologizing that they couldn’t receive our trucks because they were ceasing operation,” Bhandal said.

He went on to say that it was surprising information to hear the 25-year operation was closing its door.

Kevin Terrill, president of Terrill Transportation, said, “This year has been very tough on a lot of companies.”

Once word got around that trucks were being turned away from Terrill’s warehousing facility, the chief executive of a trucking company located in the Northwest said he called Kevin Terrill directly. Terrill confirmed the disappointing news. “He said rate concessions on both the trucking and warehousing side, driver wages being up and the tough environment to do business in California were to blame for the closure.”

Freight Recession Carnage

The Federal Motor Carrier Safety Administration’s SAFER website, indicates that Terrill Trucking possessed 30 trucks and 36 company drivers. Moreover, it also had 12 owner-operators. With this closure, now seven major carriers have suddenly ceased operations in 2019. Other closed carrier businesses include NEMF, Falcon, Williams Trucking of Dothan, Alabama, A.L.A out of Indiana, Starlite Trucking and LME.

What do you all think about this state of affairs?

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