WESTAMPTON, N.J. (August 3, 2012) – New Century Transportation announced today that it closed on long-term credit facilities with Capital One Leverage Finance Corp. and Prospect Capital Corp. maturing in 2017. Concurrent with the closing of the new credit facilities, New Century raised additional equity capital from its majority shareholder, Jefferies Capital Partners. Proceeds from the transactions […]
Continue reading…
Posts tagged with 'New Century'
New Century Announces 2012 General Rate Increase
New Century Transportation, INC., will be implementing a general rate increase (GRI) averaging 6.9% on LTL shipments, moving within the continental US and Canada effective August 1, 2012. The GRI will apply to all LTL rates, minimum charges, and certain accessorials. New Century Transportation offers our unique LTL, Load to Deliver service, where less handling, […]
Continue reading…