Jevic Transportation Can’t Afford the Gas
May 19, 2008 – 4:05 pm by JeffAfter 27 years, New Jersey based trucking company Jevic Transportation is ceasing operations due to unbearable diesel fuel costs, rising insurance premiums, and increased economic downturn. The 1,900 employee company, based out of Delanco, NJ, gave very little warning to the vast majority of their employees. The company said that, for most Jevic employees, today would be the last day of employment with the company but that a limited number of employees would stay on at the firm during the wind-down period.
What the company failed to disclose was the true reason for shutting the company down. Apparently, the NJ mob started realizing the gas was more valuable than the freight.
Executive management had better start watchin’ their backs, Capisca. (that’s pronounced cap-eesh, for those that don’t speak New Jersey).
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