Point to Point Inc.,
a trucking company based in Lincoln Park, MI, is closing its doors for good,
according to administrative personnel. Gina Beres, equality representative
for the carrier, says the company is delivering all its loads and trying to
get its trailers to one location.
Although the carrier
currently cannot meet its payroll, Beres says drivers and its 200-plus owner-operators
will be paid as soon as the company liquidates its assets. Because owner-operators
are subcontractors, Beres says they will be paid along with other employees.
Beres attributes the
company's financial woes to the instability of Ford Motor Company, which makes
up 85 percent of the carrier's business.