A California trucking company has shuttered operations after 19 years of hauling general freight throughout the state.
At the time of its closure Monday, Frank Jauregui Trucking of Fontana, had 32 trucks and the same number of drivers, according to the Federal Motor Carrier Safety Administration’s SAFER website.
This is the second Fontana-based carrier to cease operations this week after the formerly family-owned Tony’s Express, a 70-year-old less-than-truckload carrier, closed its doors a year after selling the company to John Ohle in March 2023.
Frank Jauregui, who is listed as the CFO of the intrastate-only company, declined FreightWaves’ request to comment about why the company shut its doors.
A source familiar with the situation told FreightWaves that the trucking company is looking to sell its tractors, trailers and equipment.
According to FMCSA data, the agency granted Jauregui Trucking’s contract authority in April 2005, but its Bodily Injury Property Damage coverage was canceled Monday. The company’s cargo and general liability insurance are slated to be canceled Friday.
Prior to its closure, the company’s trucks had been inspected 57 times, and 20 had been placed out of service for a 35% out-of-service rate over the preceding 24 months. That is higher than the industry’s national average of around 22%, according to FMCSA data.
The company’s drivers had been inspected 56 times, and eight were placed out of service over a two-year period, resulting in a 14.3% out-of-service rate. The national average for drivers is about 6.7%.
This is a developing story.
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GMoney
When you have crappy safety numbers, the insurance game will put you out of business. High “out of service” numbers as well as other Basic’s which are above where they should be.
Haywood Jablomi
The canaries are dropping in the coal mine known as California. Wait until the radical CARB regulations force more carriers out of existence. But never fear, California will be powered by unicorn farts and Gavin Newsom’s hot air before too long. Keep voting for Democrats.
CA Trucker
I didn’t know Joe and Gavin were setting freight rates. Wow! Thanks for the info Craig.
robert guity
Nothing to do with politics if the company doesn’t have good administration that what happens
William Burrows
Wanship transportation in Fontana just gave there hourly employees the boot, unless they wanted to run the road for miles and it definitely was less payand they only had hours to let the company know, most drivers left the company!
Craig
Thank Biden and Newsom and the rest of the Democrats
Duke the god
The rate per mile is the same the last 15 years with fuel almost double in price. The only outlier was Covid for a few years. How can they be paying the same rate in 2024 as they were in 2010? Everything’s gone up double and triple in price except for trucking rates. You make the same or more money driving an Uber as you do owning a truck and risking your life driving across country.
Pawel Piotrowski
When you take those 1.50 cpm that’s what happens.