Chapter 11
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News
Texas freight forwarder files bankruptcy
Trucking, logistics and airfreight companies are collectively owed hundreds of thousands of dollars after a Texas freight forwarder filed Chapter 11 bankruptcy earlier this week.
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News
Boeing supplier files for Chapter 11 bankruptcy amid layoffs
GDC Technics has laid off 223 workers and filed for Chapter 11 bankruptcy after losing a Boeing contract.
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Michigan trucking company files for Chapter 11 bankruptcy
Great Lakes Petroleum Transportation of Alma, Michigan, which hauls crude oil, filed for Chapter 11 bankruptcy protection. The trucking company has 59 power units and…
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Truckers owed money after Texas firm files for bankruptcy
Truckers are owed hundreds of thousands of dollars after Jamco Services LLC of Midland, Texas, filed for Chapter 11 protection on Wednesday.
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Texas frac sand supplier Hi-Crush files for bankruptcy
Slumping oil prices and COVID-19 pandemic forced Houston-based Hi-Crush to file for Chapter 11 bankruptcy protection on Sunday.
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Carrier ties bankruptcy to soaring insurance rates, fatal crash
Deluxe Express filed for bankruptcy protection, citing skyrocketing insurance rates, fatal crash.
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Legal woes force Illinois carrier to file for bankruptcy protection
The Illinois-based carrier is being sued by its principal lender and landlord for failing to pay its financial obligations.
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Texas frac sand firm files for Chapter 11 bankruptcy
Frac sand firm Vista Proppants and Logistics filed for Chapter 11 bankruptcy protection on Tuesday, saying it has around $500 million in liabilities.
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Truckload
Bankruptcy law changes could benefit trucking companies
Changes to the Small Business Reorganization Act could make it easier for troubled trucking companies to seek bankruptcy protection and emerge better positioned for the…
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News
Bankrupt Celadon accuses recovery company of illegally seizing equipment
Lawsuit claims Triangle Recovery Services falsely advertised itself as a surrender site, offered cash rewards for locations of Celadon’s equipment and is holding the seized…
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