The Daily Dash: Bullish advice on transportation sector; Central Freight Lines sued

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, transportation analysts expect a continued run of strength for the sector throughout 2021. Plus, Central Freight Lines is being sued for nonpayment of invoices, and International Roadcheck compliance numbers improve in 2020.

The bulls rule

Analysts remain bullish on the transportation sector heading into 2021, but they remain divided on which segment of the sector will benefit most in the new year.

Tod...

https://www.freightwaves.com/news/the-daily-dash-bullish-advice-on-transportation-sector-central-freight-lines-sued

News Alert: Central Freight Lines sued for unpaid freight invoices

Legal woes plague Central Freight Lines

Digital freight brokerage Mothership Technologies is suing less-than-truckload carrier Central Freight Lines (CFL) for nearly $508,000 in unpaid invoices, citing breach of contract.

The lawsuit alleges that Waco, Texas-based CFL, a 95-year-old LTL carrier owned by Jerry Moyes, stopped paying Mothership, a Los Angeles-based freight matching company, in mid-October.

Central Freight declined to comment on the Mothership lawsuit, according to Darla Shaw, vice president of corporate communications, in...

https://s29755.pcdn.co/news/news-alert-central-freight-lines-sued-for-unpaid-freight-invoices