Another one bites the dust.

I wasn't working for them at the time they closed...but I believe Ameritruck just wanted to expand too quickly without having the bank account to do so. They went on a huge acquisition spree and wound up being in debt because of it. They filed for bankruptcy around 98'. Transtar was one of many that were shutdown because of it.......

 

Wow that's a memory jogger ! And thanks.
I didnt know ameritruck swallowed up Lynn and Thompson bros .

 

There's a few more they bought out that's not on that list. If I remember correctly...they also acquired some shipping container company called MOL??? (not sure if the spelling is right).

Ameritruck didn't bother changing the names of all the companies they bought but they did slap on their logo on some of the trailers. I wound up starting with a Transtar Freightshaker...later switched to a Lynn Volvo...pulling Monfort trailers or any of the other trailers that they owned. It became confusing at times because people didn't know who I worked for...lol.

 

Because if you announce weeks or months ahead of closing that the company is in trouble people leave and some people steal anything that isn't welded to the floor.

Sometimes AFTER a company goes bankrupt employees will be given bonuses to stay until the last day so operations can be wound down instead of just yanking the plug and turning out the lights. The bonuses can be large to persuade key employees to come to work instead of racing to their next job.

 

the tip of the antenna is the Null point (the weakest part of the transmitted signal.)

 

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs - FreightWaves

SAFER Web - Company Snapshot FLEETWOOD TRANSPORTATION SERVICES INC


You can see why insurance rates were high.

 

I'm a computer. Stop all the downloadin.

 

Proline ended up getting bought by Western Express. I was a mechanic for them and then worked for an O/O for them . When I bought my first truck I leased onto Transtar. Loved the company but boy they took me for a ride leasing on with the shop. Sad to see all the companies gone.