Check Call: Don’t fear the audit

people gathered around a desk of computers. Check Call news and analysis for 3pls and brokers

Hot Take

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It’s a word that can send fear into anyone, specifically accounting departments: audit. It’s the last thing you want, as it’s an arduous process that no one has time for. While an audit by the IRS is painful and tedious, that doesn’t mean you can’t make time to audit other things internally and less painfully. 

For example, freight invoices. Everyone has to deal with freight invoices and you can always trust carriers to bill invoices correctly every single time...

https://www.freightwaves.com/news/check-call-dont-fear-the-audit

Truckers: Shuttered Central Freight Lines still owes them escrow, maintenance funds

Owner-operators and independent contractors say Central Freight Lines still hasn’t refunded thousands of dollars in escrow or maintenance account funds that were withheld from their paychecks and that they are still owed quarterly safety bonuses. 

Moreover, they say, no one at CFL has been returning their calls since the LTL carrier shuttered operations in mid-December.

A source familiar with the company told FreightWaves that up to 100 owner-operators and independent contractors have not...

https://www.freightwaves.com/news/truckers-shuttered-central-freight-lines-still-owes-them-escrow-maintenance-funds

Central Freight aftermath: Paycheck concerns, benefit worries, unsafe work conditions

In the aftermath of Central Freight Lines’ abrupt closure five weeks ago, many of the company’s 2,100 employees, including 1,325 truck drivers, have paycheck concerns and questions about vacation pay and unemployment benefits, while others claim they were subjected to unsafe working conditions at the company’s headquarters in Waco, Texas. 

However, many of their questions have yet to be answered as no one is answering the phones at HQ, although some CFL employees continue working on a contract...

https://www.freightwaves.com/news/central-freight-aftermath-paycheck-concerns-benefit-worries-unsafe-work-conditions

FreightWaves Ratings revela la lista inaugural de las 500 mejores empresas de alquiler

No hace falta ser un experto para saber que el sector del transporte por carretera tiende a confiar demasiado en sus raíces heredadas. Después de todo, para un sector empresarial absolutamente dependiente de la velocidad y la eficiencia, seguro que ha tardado en llegar al siglo XXI.

FreightWaves se ha comprometido a ser un agente de cambio. Con nuestras nuevas listas de clasificación y directorios, esperamos añadir contexto y visibilidad a cada segmento de la industria. 

La lista inaugural de Las...

https://www.freightwaves.com/news/freightwaves-ratings-revela-la-lista-inaugural-de-las-500-mejores-empresas-de-alquiler

FreightWaves Ratings unveils inaugural Top 500 for-hire list

It doesn’t take an expert to know the trucking industry tends to rely too heavily on its legacy roots. After all, for a business sector absolutely dependent on speed and efficiency, it sure has taken a while for it to arrive in the 21st century.

FreightWaves is committed to being an agent of change. With our new rankings lists and directories, we hope to add context and visibility to each segment of the industry. 

The inaugural Top 500 list of the largest U.S.-based for-hire trucking fleets —...

https://www.freightwaves.com/news/freightwaves-ratings-unveils-inaugural-top-500-for-hire-list

Central Freight Lines’ cautionary tale

The shutdown earlier this month of regional LTL carrier Central Freight Lines Inc. (CFL) is a reminder that even in the midst of perhaps the strongest financial and operating cycle in the industry’s history, the complex model can still humble the best of carriers and ruin the worst.

The loss of Waco, Texas-based CFL is unlikely to tighten LTL capacity any more than it currently is. CFL controlled just 0.6% share of the $42 billion-dollar-a-year industry, according to ShipMatrix, a consultancy....

https://www.freightwaves.com/news/central-freight-lines-cautionary-tale

Un ex empleado de Central Freight Lines demanda por el cierre de un transportador LTL

Un ex empleado de Central Freight Lines alega que el transportador de carga parcial con sede en Waco, Texas, violó la ley federal al no notificar con 60 días de antelación su plan de cierre a casi 2.100 empleados y camioneros, que se encontraron sin trabajo dos semanas antes de Navidad.

Aaron Cox trabajó en las instalaciones de Waco hasta que fue despedido el 13 de diciembre, el mismo día en que CFL comunicó oficialmente a sus empleados y conductores que el transportista de carga parcial cesaba...

https://www.freightwaves.com/news/un-ex-empleado-de-central-freight-lines-demanda-por-el-cierre-de-un-transportador-ltl

Former Central Freight Lines employee sues over LTL carrier’s shutdown

A former Central Freight Lines employee claims the Waco,Texas-based less-than-truckload carrier violated federal law by failing to give 60 days’ notice of its planned shutdown to nearly 2,100 employees and truck drivers, who found themselves without jobs two weeks before Christmas.

Aaron Cox worked at the Waco facility until his employment was terminated on Dec. 13, the same day CFL officially told its employees and drivers that the LTL carrier was ceasing operations. 

Cox alleges in his proposed...

https://www.freightwaves.com/news/former-central-freight-lines-employee-sues-over-ltl-carriers-shutdown

Central Freight Lines’ closure puts quality drivers on market

LTL carrier Central Freight Lines met its demise earlier this week in what many have said was a long time coming after a series of misfortunes. The biggest trucking company shutdown since Celadon’s closure in December 2019, Central Freight similarly leaves 2,100 workers, including 1,325 drivers, without a job just a week before Christmas.

For the drivers, their plans for the new year will involve more than just making resolutions. They will be finding new employment as well. What are their next...

https://www.freightwaves.com/news/central-freight-lines-closure-puts-quality-drivers-on-market