Consolidated Freightways was another LTL that went belly up a few years ago (20 + years ago, it appears). Looks like some other LTLs have also failed in recent years.
Hope the lenders learned something by now (one lender made arrangement for trucks to be dropped off at specified truck stops and gave the drivers rides home; other lenders had to track down trucks that were run out of gas and left beside the road. Think that was Consolidated but it might have been another LTL failure).
“...other lenders had to track down trucks that were run out of gas and left beside the road”
Wow, did that really happen? The drivers did that on purpose?