Fresno, Calif.-based T.G.S. Logistics shuttered operations effective July 31, the company announced Thursday.
"After four decades of dedicated service to the transportation industry, we will be parking our trucks for good," the company said via statement. "While the decision to close was a difficult one, influenced by the challenging market conditions facing the industry, our focus today is on expressing our deepest gratitude to all who have been a part of the TGS journey."
T.G.S. is at least the second carrier to not make it out of the month of July, joining Carrol Fulmer (CCJ Top 250, No. 185) in its industry exit.
In its statement, however, 20-truck T.G.S. told its customers that, while TGS is closing, "we are pleased to inform you that some members of our dedicated team will continue to serve the industry under a new flag. We will be sharing more detailed information about these new opportunities and how you can continue to receive exceptional service in the very near future."
T.G.S. has offices in Fresno and Reno, Nevada, and services the ports of Los Angeles, Long Beach and Oakland for international drayage and rail ramps in Lathrop, Stockton and Oakland in California, and Reno in Nevada. The company specialized in the import and export of dry and reefer cargo, retail, industrial and everyday goods.
T.G.S was founded by Timothy G. Schneider May 1, 1985. Tim’s son Peter, who serves as company president, joined T.G.S. full-time in 1993.