Several trucking companies, logistics firms and cold storage facilities are collectively owed millions of dollars after an Iowa-based meat importer filed for Chapter 11 bankruptcy protection recently.
Instapay, a factoring company, and its parent company Flexible Funding are seeking Chapter 11 bankruptcy protection, according to court filings with the U.S. bankruptcy court in Fort Worth, Texas.
An Ohio-based transportation company and three of its trucking company affiliates filed for Chapter 11 bankruptcy protection, despite receiving PPP loans through the U.S. Small Business Administration to stay afloat during the pandemic.
GDC Technics has laid off 223 workers and filed for Chapter 11 bankruptcy after losing a Boeing contract.
Michigan-based DIS Transportation and DIS Express file for Chapter 11 protection after working with a consultant for more than a year to improve operations.
A Texas-based carrier, Grimmett Brothers Inc., recently filed for Chapter 11 bankruptcy protection, owing small trucking companies thousands.
Texas trucking company FALC Enterprises filed for Chapter 11 bankruptcy in El Paso on Sept. 11.
Kentucky lumber processor filed for bankruptcy, leaving several flatbed carriers in the lurch for thousands in unpaid freight bills.
Airlines are sweating the coronavirus pandemic despite the recent upturn in travel. El Al says it might fail and Aeromexico went the bankruptcy route.
The family-owned company, which filed for Chapter 11 bankruptcy protection, has been in business since 1994 and has 23 employees.
