trucking bankruptcies
- News
Missouri trucking company shuts down after USPS cuts back mail-hauling contracts
A 67-year-old Missouri trucking company that hauled mail for USPS shut down and filed for Chapter 7 bankruptcy after losing contracts.
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Trucking company in Canada’s oil patch seeks creditor protection
An Alberta trucking company serving the energy sector is seeking creditor protection amid large debts to fuel suppliers, a truck repair shop and Canada's tax…
Read More » - 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…
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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.
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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.
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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.
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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.
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Comcar files for Chapter 11, plans to sell five subsidiaries
Buyers are considered “stalking horses” under section 363 of bankruptcy law,
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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…
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