March 6, 2023 – a video was released by Freightworks, LLC (FW). In
this emotional narrative titled, “Final Announcement”, Joyce Siqueira, VP of Operations begins, “Last Tuesday, the world changed for me. I lay awake virtually all that night praying, trying to think if there was just one more thing we could do…. At that same time, trying to find the words for this announcement which has been written with many tears.”
Joyce gave an account of the recent adverse events (labeling
February as typically “our toughest month”); which caused the company to decide, “We are just not going to be able to pull through this one…”
After much agony, a business decision was made to close the
company.
Joyce acknowledged a lesson Josh taught her “over these years”- He
realized that the company supported “over 200 families. Our obligation was to run a viable and sustainable company that they could depend on…”
Joyce explained current market conditions and certain core (unnamed) customers demanding significant rate reductions along with volume reductions. Adding to the narrative were other events (not explained) which made it impossible to see a path forward. She said the best course for all concerned- was an “orderly closing.” She listed certain promises for existing drivers and requests to help make sure the equipment is left in a safe place. This video ended with a fade to black as Joyce finished.