WACO, Texas Citing steep operating losses that could not be overcome, executives with Waco, Texas-based Central Freight Lines announced Sunday that the
A source familiar with the 96-year-old company said he is unsure whether CFL will file Chapter 7 or “liquidate outside of bankruptcy,” but that the LTL carrier has no plans to reorganize.
A source familiar with the 96-year-old company said he is unsure whether CFL will file Chapter 7 or “liquidate outside of bankruptcy,” but that the LTL carrier has no plans to reorganize.