Trucking company shuts down after bitter dispute with bank
Canadian trucking firm People Express Transport was shut down by a court-appointed trustee following a months-long fight over millions of dollars in debt.
Canadian trucking firm People Express Transport was shut down by a court-appointed trustee following a months-long fight over millions of dollars in debt.
Canadian flatbed trucking company BLB Transport shuts down after a bank pulls its credit, but an asset sale to another carrier is ensuring that most drivers get back on the road.
Former Arrow Trucking CEO Doug Pielsticker was released three years early because of a COVID-19 outbreak at his Texas prison.
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 lender ran out of patience.
Albany, Georgia-based Commercial Shuttle Service (CSS) ceased operations in mid-December, citing a mix of market conditions, insurance costs and aging ownership. The company had 55 total employees, including 41 drivers, […]
Star Van Systems, with 55 dedicated Canada-Florida runs per week, had prepared for the worst, but now may get an uptick on southbound freight as the hurricane appears headed for Georgia.
Two days after HVH Transportation’s abrupt closure on Tuesday, August 27, truck drivers like James Delva are still stranded across the country without working fuel cards.
Editor’s note: This story was updated to reflect that the company’s CEO says he is working to bring drivers home. HVH transportation, a 344-unit trucking company, has abruptly shut down. […]
A major accident in 2018 led to a spike in insurance premiums for Carney Trucking, an increase the company just couldn’t absorb.
Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.