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We received notification of receivership today, Grace Road Lines is folding up. Maybe there’s a chance something gets salvaged, I don’t know - but that’s in the receivers hands.
Grace Road Lines
- Thread starter TBTrucking
- Start date
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RBC pulling the plug on another trucking company. (Moore Brothers last month).
Grace Road Lines had recently moved into Canada Cartage’s old terminal in Calgary. - Big upgrade from their yard on the edge of town.
Grace Road Lines had recently moved into Canada Cartage’s old terminal in Calgary. - Big upgrade from their yard on the edge of town.
Any details you can share?confirmed
Great company and bad situation
They've done really good work for us the few times we connect a year.
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They have been in business for approx 20 years. Family owned and operated. Fantastic group that I am proud to call my friends. However, all I know is the same as everyone else. Doors closed last week.Any details you can share?
They've done really good work for us the few times we connect a year.
I got a bit of an update. They hauled for one of my customers and called them last week to say it was going be closed up by end of month.They have been in business for approx 20 years. Family owned and operated. Fantastic group that I am proud to call my friends. However, all I know is the same as everyone else. Doors closed last week.
Massive loan broke them is what the sales guy said. Didn't have the cashflow to support the loan when the market flipped.