READ FULL ARTICLE AT » FreightWaves
Postal Service contractor Matheson Trucking and wholly owned subsidiaries Matheson Flight Extenders (MFE) and Matheson Postal Services (MPS) of Sacramento are winding down operations after six decades in business.
Over the past five months, the Matheson entities have laid off nearly 3,500 workers, a source familiar with the situation told FreightWaves.
“It’s kind of sad to see that a 60-year-old company that made its bread and butter moving U.S. mail is closing its doors,” the source said.
According to the Federal Motor Carrier Safety Administration’s SAFER website, Matheson Postal Services has 191 power units and 325 truck drivers.