Abrupt Shutdown of Falcon Transport Idles 550

YOUNGSTOWN, Ohio – Falcon Transport Co. told its 550 employees here that it is discontinuing operations and to stop work "immediately." Falcon, founded in 1903, is a transportation logistics company with flatbed and over-the-road services for clients including General Motors, Ford, Nexteer, Arcelor Mittal and U.S. Steel. It was purchased in 2017 by CounterPoint Capital Partners. The abrupt shutdown follows by less than two months the idling of the General Motors Lordstown Complex. Total fal

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