A new batch of bankruptcy cases includes small fleets, cross-border logistics providers, cold storage operators, freight forwarders and major distributors.
A dozen small carriers and logistics firms filed for bankruptcy in April, signaling continued stress in the fragmented freight market.
From single-truck operators to mid-sized fleets, carriers across the U.S. are filing for bankruptcy as the freight downturn persists.
Rising fixed costs and creditor claims are forcing a small drayage carrier tied to West Coast ports into restructuring.
A growing list of transportation companies filed for Chapter 11 in March, highlighting continued financial strain across the supply chain.
A Wisconsin-based carrier files for chapter 11 protection.
Texas-based Serna’s Trucking filed a Chapter 11 petition as it attempts to reorganize its debt while maintaining operations.
Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection.
VIB Trans, Inc., an Illinois-based trucking carrier operating a fleet of 29 trucks, has filed for Chapter 11 bankruptcy protection amid the Great Freight Recession, the longest downturn in trucking history. Headquartered in Wood Dale, a suburb of Chicago, VIB Trans employed 34 drivers to support its operations. According to federal safety records, the company […]
CLB Trucking filed for bankruptcy in the U.S. Bankruptcy Court for the Western District of Pennsylvania.
Indian Creek Express has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Colorado.
Creditors are claiming millions of dollars from two trucking companies and a distribution service provider after all three companies filed for bankruptcy at the start of this week.
Nortia Logistics filed for bankruptcy in the U.S. Bankruptcy Court for the Northern District of Illinois on Monday, listing both liabilities and assets of $1 million-$10 million.
A Merrill, Wisconsin trucking company and its affiliate brokerage business have filed for Chapter 11 bankruptcy.
BMX Transport filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Georgia on Tuesday.
A Detroit-based grocery-hauling company with over 300 trucks has filed for bankruptcy alongside several partner companies.
A Henderson, Texas, business owner has filed bankruptcy for three businesses, including a trucking company.
Turk Transportation filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Western District of Pennsylvania.
Bankruptcy filings carry a stigma but sometimes the outcomes promise new life. Proterra might be one such story.
In yet another bankruptcy filing in the trucking industry, Kal Freight looks to maintain operations after filing for Chapter 11, which means it will reorganize in hopes of becoming financially stable.
