Briefly: California-based Licensed Freight Logistics shuts down

A 93-year-old California-based reefer service is the most recent trucking firm to stop operations.

Santa Maria-based Licensed Freight Logistics notified staff Aug. 22 it was closing, and ceased operations Oct. 21. The corporate advised the Pacific Coast Enterprise Instances it will full its shutdown Nov. 18.

CFL employed 120 truck drivers and operated 112 vehicles, in accordance with the Federal Motor Service Security Administration’s SAFER web site. It had nearly all of its operations at its headquarters in Santa Maria about 150 miles northwest of Los Angles.

The corporate specialised in hauling recent produce. 

“We wish to prolong our heartfelt gratitude to all of our staff, purchasers, and companions previous and current. for an exquisite 93 years of enterprise,” the corporate posted on its web site with a set of pictures.

CFL’s demise comes because the trucking trade suffers by means of a interval of accelerating prices, declining charges, and a lower in freight quantity. 

J.B. Hunt awards scholarships 

J.B. Hunt Transport Companies Inc. lately introduced it awarded scholarships to 100 new recipients of the J.B. Hunt Scholarship for Households program. Since launching this system in 2022, J.B. Hunt has offered a complete of $687,500 in academic monetary help for the households of J.B. Hunt staff.

Based mostly on the success of the primary two years, J.B. Hunt mentioned it is going to renew this system in 2024, with purposes anticipated to open within the first quarter of subsequent yr. The scholarships present $2,500 in monetary help every faculty yr and are renewable for as much as 4 years.

Within the second yr of this system, J.B. Hunt awarded a complete of $437,500 in new and renewed scholarships. This yr’s class of recipients represents greater than 50 places all through the nation. 

“We actually love this program as a result of it gives a possibility to assist our staff help the desires of their youngsters and grandchildren,” mentioned Brad Hicks, president of freeway companies and government vp of individuals at J.B. Hunt. “We’re very pleased with this yr’s class and excited to see the long run they create as a part of the J.B. Hunt household.”

ICYMI

Traffic congestion price trucking trade $94.6 billion in 2021

A part of I-94 in Detroit closed this weekend for bridge demolition

Driver Ballot: Do you assume the trucking trade ought to make extra efforts to recruit youthful drivers?