trucking bankruptcies
-
Economics
ATA: Driver pay increases could come back to haunt carriers
Trucking companies outbidding each other for drivers using salary and per-mile wage increases are leaving themselves vulnerable when the next economic downturn hits, the American…
Read More » -
News
Comcar bankruptcy liquidation plan approved
The remaining assets of bankrupt trucking company Comcar Industries will be liquidated through two trusts, leaving little for unsecured creditors.
Read More » -
Legal issues
Nuclear verdicts jump more than 300% in 7 years
Insurance costs climbing as awards and amounts increase.
Read More » -
News
Bankrupt ENTREC courts buyers for subsidiaries
ENTREC begins soliciting offers for ENTREC Cranes and Heavy Haul in the U.S. and ENT Oilfield Group in Canada under creditor protection in both countries.
Read More » -
News
ENTREC cleared to pursue asset sales as lenders extend financing
Canadian judge approves heavy-equipment hauler’s plans to operate under creditor protection as CEO urges U.S. bankruptcy court to recognize proceedings.
Read More » -
News
Heavy hauler ENTREC seeks breathing room to find buyers
Trucking and crane services provider pursues interim financing and court approval to market its Canadian and U.S.-based subsidiaries while under creditor protection.
Read More » -
News
Comcar files for Chapter 11, plans to sell five subsidiaries
Buyers are considered “stalking horses” under section 363 of bankruptcy law,
Read More » -
News
Celadon in talks to sell Mexican business for $2.4 million
Celadon Group says White Willow Holdings made the most viable offer for its Mexico trucking and logistics subsidiaries after a proposed sale to P.A.M. for…
Read More » -
Trucking
Solving the trucking profitability paradox
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the "trucking…
Read More » -
News
Canadian oilpatch trucking company Dalmac shuts down as bankruptcy looms
CEO John Babic says Canadian oil and gas services firm was trying to ride out a slowdown in spending in a struggling industry, but his…
Read More »