Monday, May 19, 2008

Jevic Suspends Operations

Originally Posted on Mon, May 19 2008 @ 3:58 PM [EST]



Jevic Transportation Inc. will be discontinuing operations.

From their web site:

Categories: General
Date: May 19, 2008
Title: Jevic Suspends Operations

Dear Valued Jevic Customer:

I regret to inform you that Jevic Transportation Inc. will be discontinuing operations. The current high fuel costs, economic downturn, increasing insurance costs, and tightening credit markets have made this decision necessary. Jevic will stop providing pickup service effective Monday 5/19/08. However, we will continue operating to deliver all freight within our system prior to closing.

Operations and Customer Service:

*Jevic will not be accepting pickup requests after Friday 5/16/08 and the web and EDI pickup functions will be disabled.

*We will continue to provide Customer Service through the wind down period at
888-Go-Jevic. We ask that you please utilize the automated voice response system
as much as possible as the number of calls is expected to be high and there will
be longer hold times.

*The Jevic website will remain active and will be updated during the period as well and that should be your primary point of contact for tracing and needed documentation.

We greatly appreciate the loyalty of our many Jevic customers. It has been our pleasure to provide solutions to your transportation needs over these many years. We are committed to providing the prompt delivery of your shipments in our system and professional customer service for all your needs during this process. Thank you
again.


Sincerely,

David H. Gorman
President and CEO



Jevic is a hybrid truckload and less-than-truckload provider with 1,185 power units and 1,230 drivers.


Comments

That is a sign of the times. Even big well established companies have a hard time.
Comment By:Roadhzrd on Tue, May 20 2008 @ 4:47 PM [EST]

Its a battle of who's got the deepest pockets thats going to win..VM-out!
Comment By:VM on Wed, May 21 2008 @ 5:04 AM [EST]

Everybody keeps talking about a recession. I don't see it as that.I think it's going to be more like a depression. With all the jobs moving out of the country and prices going up the way they are, people won't have money to pay bills or to buy anything. The number of houses being repossessed is going up at an alarming rate. This economic stimulus B.S. won't do a bit of good. It's just a political vote getter. Try to make the economy look good long enough to get people voted back into office.
Comment By:Roadhzrd on Wed, May 21 2008 @ 8:58 AM [EST]

I agree with you Roadhzrd. Unless something drastic is done and done soon, we are headed into a full blown depression and heading for it fast.
Comment By:Truckin Tedybehr on Wed, May 21 2008 @ 10:14 AM [EST]

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