trucking bankruptcies
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Legal issues
Nuclear verdicts jump more than 300% in 7 years
Insurance costs climbing as awards and amounts increase.
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Canada
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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Canada
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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Canada
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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News
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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International
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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Business
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…
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Canada
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…
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Redwood Logistics
U.S.-Mexico freight dynamics in times of contracting capacity
The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight…
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News
Bankrupt Celadon seeks $900,000 in bonuses for executives, court filings show
Celadon Grroup argues payouts will maximize value during the wind-down of its North American trucking businesses, but the proposal faces resistance from a U.S. federal…
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