Chapter 11
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Driver issues
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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Layoffs and Bankruptcies
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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Layoffs and Bankruptcies
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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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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News
Borden Dairy files for bankruptcy protection
Borden Dairy Co. filed for Chapter 11 bankruptcy protection Jan. 5, blaming rising raw milk costs, reduced milk consumption and increased competition among non-dairy alternatives,…
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News
GDS Express files for bankruptcy after abrupt pre-Christmas shutdown
Ohio-based GDS Express Group Inc. filed for bankruptcy protection after stranding drivers just days before Christmas.
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What the Truck?!?
FreightCasts Celadon Special Report
FreightWaves CEO and founder Craig Fuller, Emily Szink, and Dooner discuss Celadon's bankruptcy filing, immediate shutdown, and the impact it has had. They're joined by…
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Finance
Celadon Group makes bankruptcy official, shuts down after 34 years
The official announcement followed a chaotic weekend of credit, customer, and driver issues,
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What the Truck?!?
What the Truck?!? IT Chapter 11: Carrier bankruptcy
On today’s episode, a carrier downsizes while another files for bankruptcy, Forever 21’s bad luck, the GM strike and this week’s Pricing Power Index. Plus,…
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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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