“Former Falcon Transport executives allege that financial mismanagement and a poorly negotiated contract with General Motors led to the company’s abrupt closure on April 27”.

Falcon shuttered its doors after sending a message to nearly 500 drivers to cease driving immediately. The company also had nearly 90 office employees at the time of the closure. – According to article in freightwaves.com and its author Clarissa Hawes

Read full story here : freightwaves.com/news/trucking/former-falcon-transport-execs-allege-mismanagement-contract-demands-led-to-companys-abrupt-collapse

Source and credits : freightwaves.com / Clarissa Hawes