Chapter 11
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News
Estes Express Lines to acquire two New England Motor Freight affiliates for $15 million
Richmond, Virginia-based Estes Express Lines has submitted a $15 million bid to buy two affiliates of bankrupt New England Motor Freight – Eastern Freight Ways…
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Economics
Trustee requested to oversee IPS Worldwide’s operations
A U.S. trustee has asked the U.S. Bankruptcy Court to appoint a Chapter 11 trustee to oversee the operations of IPS Worldwide.
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Less than Truckload
New England Motor Freight workers drop class-action suit after company grants additional severance
Revised package worth $3 million more.
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News
