Silver Eagle Fleet Soars No More
Silver Eagle Co., a unionized less-than-truckload carrier, closed its doors March 16, ending 70 years of service in the Pacific Northwest.
The company employed about 450 drivers and office staff, and operated 250 tractors and 700 trailers at 15 terminals in Oregon, Washington, California and British Columbia. Revenue was about $35 million in 1999.
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The Portland, Ore., trucking company will liquidate its assets over the next several months to satisfy claims by creditors, company officials said.
Silver Eagle began as a produce hauler in 1930 and a few years later initiated tank truck service. Since the mid-1950s, the company has specialized in general freight hauling.
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