The National Truckers Industry News is the official online news letter of the National Truckers Association. Industry news focuses on current issues and new developments within the Department of Transportation and the FMCSA.
Arrow Trucking Suspends OperationsTULSA - Arrow Trucking Co., the 61-year-old Tulsa-based flatbed carrier, has suspended operations indefinitely, laying off employees and stranding scores of drivers around the country by canceling fuel credit cards, company employees and drivers said. After closing down the company phone system Tuesday morning and not accepting cell phone messages throughout the day, the company issued a statement from CEO Doug Pielsticker at 6:21 p.m. "The company has been in negotiations with its principal lender," Pielsticker said. "Those negotiations are continuing, but the lender has elected to proceed with securing its collateral. The company is communicating with several interested parties and continues to seek a prompt resolution."Drivers have been asked to drop off all company trucks at their nearest freightliner dealership. The corporate website, www.arrowtrucking.com, has been removed and no additional information has been made available. - NTA - 1209