New Century Transportation Shutting Down

Home/Company & Industry News, LTL/New Century Transportation Shutting Down

New Century Transportation Shutting Down

New Century Transportation Inc. located at 45 East Park Drive, Westampton, NJ is shutting down and closing operations.

New Century Transportation drivers began receiving notices in the mail today that it will permanently shut down its operations and all of its facilities including the facility located at 45 East Park Drive, Westampton, New Jersey and will terminate all employees.

The letter to its employees notes “unforeseeable need to shut down operations” and that it will file for relieve under chapter 7 of the United States Bankruptcy Code.

We here at Rapid Express Freight are sad to see New Century Transportation shutting down. They have been a great carrier, with a solid track record of on time delivery and their normal transit time was faster to a lot destination than other common LTL carriers.

New Century Transportation also had their own “LTL” service model that they called Hybrid LTL “Load to deliver” and they also operation as a Full Truckload Transportation Company.

We want to assure our customers that we are having no disruption in service due to New Century Transportation shutting down. We will match your freight that we used to outsource to New Century to similar carriers that have the same transit routes and delivery time. If you have any questions how you may be affected by the New Century Transportation shutdown, please feel free to call us.

We wish all drivers and employees from New Century Transportation affected by the company shutdown to quickly find good trucking jobs with other trucking companies and lots of luck in your future endeavors.

4 Comments

  1. LTL Customer June 10, 2014 at 12:16 pm

    How will the closure of New Century Transportation impact your special LTL Pallet Rates to Florida in general and the Miami, FL metropolitan area in particular? Will our transit time be affected?

  2. Rapid Express Freight Site Administrator June 10, 2014 at 12:23 pm

    This is a great question. Rapid Express Freight is known for its special pallet rates where you pay a flat fee per pallet up to 2,000 lbs or so (actual maximum weight per pallet varies by the LTL Common Carrier we contract with) and we had contracted pallet rates with New Century Transportation.

    While New Century Transportation was a great carrier and we had contracted pallet rates with them, we did not use them for the majority of our LTL shipments to Florida for the following reason.

    New Century Transportation had very good stand transit times for most location in the Northeast but from NY/NJ/PA to FL their transit time was 3 days, which is standard with most LTL carriers. However, we have other good common carriers that specialize in this route (NY/NJ/PA to Florida) for whom this was a two day point.

    With New Century we did have pallet rates good up to 2,500 lbs while with other carriers the maximum pallet rate weight is 2,200 or 1,800 depending on the carrier. But most shipments will never be that heavy per pallet. Most commodities can’t be stacked so high and heavy for safe transport.

    Rest assured that we are ready to handle all your LTL shipments to and from New York, New Jersey, Pennsylvania and Florida.

  3. Rapid Express Freight Site Administrator June 11, 2014 at 12:52 pm

    The industry is a bit shocked at the complete silence of New Century Transportation in the past few days. They did have a good reputation of a company taking good care of their employees. But they did add a link to their web site on the home page in big bold type “For Employee Assistance please click here” with a link to a page that quotes the following:

    Employee Assistance
    6/10/2014

    New Century Transportation is committed to assisting you at this time in whatever areas possible.

    To help, we have provided the following points of contact based on your needs.

    For HR & Benefits Information:
    Email: EmployeeInfo@nctrans.com
    Phone: 877-870-4031 ext. 6826

    Information Pertaining to Drivers Specifically:
    Email: OutboundDispatch@nctrans.com
    Phone: 877-870-4031 ext. 6649

    Equipment/Vehicle Breakdown:
    Phone: 877-870-4031 ext. 6722

    Information Technology Related Questions:
    Phone: 877-870-4031 ext. 6800

    Thank you,
    New Century Transportation

  4. Rapid Express Freight Site Administrator June 13, 2014 at 4:59 pm

    Update: New Century Transportation posted an official release about the company ceasing operations.

    Link to the article on their web site:
    http://www.nctrans.com/Trucking-Industry-News/post/2014/06/11/New-Century-Transportation-Inc-Ceases-Operations

    Below is the text of that release:

    New Century Transportation, Inc. Ceases Operations

    11. June 2014

    Westampton, New Jersey, June 11, 2014 — New Century Transportation, Inc. (“New Century” or “the Company”) today announced that the Company and its subsidiaries NorthWind Logistics, LLC and Western Freightways, LLC, will file a chapter 7 bankruptcy in the United States Bankruptcy Court for the District of New Jersey on June 11, 2014.

    New Century is a leading provider of national truckload and less-than truckload services throughout the United States and Canada. On January 28, 2014, New Century was ranked among the top 101 trucking companies for 2014 by Global Trade magazine, a leading transportation industry trade journal. New Century employees over 1,500 people, with many employees based in New Jersey and Colorado.

    New Century and its lenders diligently attempted to find solutions to deleverage the Company’s balance sheet; ultimately, however, a consensual agreement could not be reached. The Companies, in consultation with their legal and financial advisors, have determined that the best way to maximize value for the benefit of all creditors is to wind down the Companies in a bankruptcy proceeding.

    “First and foremost, it is with great sadness that we make this announcement.” said Terrence M. Gilbert, Chief Executive Officer of New Century. “This difficult decision follows a comprehensive strategic and financial review of the business. The Board of Directors has determined that the actions we are taking represent the best alternative under difficult circumstances.” He continued, “We are extremely grateful to all of our employees for their dedicated service to the Company. We are committed to treating those who are affected by these events with the respect and dignity they deserve and will support them as best we can in their transition.”

Comments are closed.