LME- LTL Shuts Down
Topic 26081 | Page 1
Numerous articles related to the Lakeville Motor Express bankruptcy suggest that the owners bankrupted the union carrier, resurfacing as a non-union carrier under LME and Finish Line Express brands. The NLRB ordered the $1.25 million in backpay to be paid starting within 60 days from April 30, 2019, or the amount would double to $2.4 million. It is not known if the backpay or fines were the cause of the sudden closure.
This evening, the corporate website has a notice that says “effective immediately LME will no longer be accepting any pickups.” The Facebook page also linked to the company’s website was also down.
According to a Google search
I pass their terminal in Chicago right off 55 which was a old Con-Way terminal.
Unfortunately it was not the first time for these owners to pull this stunt and might not be the last. I wouldnt be surprised if they open under another name.
Terminal:
A facility where trucking companies operate out of, or their "home base" if you will. A lot of major companies have multiple terminals around the country which usually consist of the main office building, a drop lot for trailers, and sometimes a repair shop and wash facilities.
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TT On Facebook
Looks like another LTL company shut down. This time it was 400 truck LME, Lakeville Motor Express, out of MN servicing 10 midwestern states. Local news story. If memory serves me right they also "closed down" and moved locations about 10 years ago when they were unable to reach a union agreement as well. I'd be interested to see what the reasoning was this time.
LTL:
Less Than Truckload
Refers to carriers that make a lot of smaller pickups and deliveries for multiple customers as opposed to hauling one big load of freight for one customer. This type of hauling is normally done by companies with terminals scattered throughout the country where freight is sorted before being moved on to its destination.
LTL carriers include: