Less-than-truckload carrier Tony’s Express of Fontana, California, has filed for bankruptcy protection, nearly three months after it terminated 200 truck drivers, dock and warehouse workers, and office personnel via text message.
Terminal operator ICTSI has not given up its quest for tens of millions in damages from the West Coast longshore union.
An 85-year-old Indiana-based trucking and logistics company and its affiliates recently filed for Chapter 11 bankruptcy protection less than nine months after it was acquired by private-equity firm Transport Acquisitions.
After experiencing two years of record growth during the COVID-19 pandemic, Jacksonville, Florida-based Surge Transportation, a digital freight brokerage, sought to find a buyer and slashed its rates nearly a year before it filed for Chapter 11 bankruptcy protection on Monday.
After experiencing record sales growth during the COVID-19 pandemic, digital freight brokerage Surge Transportation says it was forced to file for bankruptcy protection as it was unprepared for the abrupt decline in product demand and soaring shipping costs that rocked the transportation industry in April 2022.
An Indiana-based trucking company recently filed bankruptcy, more than a month after receiving an unsatisfactory rating from FMCSA.
A Kansas-based trucking company, cited several times for safety violations for both its drivers and equipment, recently filed Chapter 11 bankruptcy.
Trucking, logistics and airfreight companies are collectively owed hundreds of thousands of dollars after a Texas freight forwarder filed Chapter 11 bankruptcy earlier this week.
GDC Technics has laid off 223 workers and filed for Chapter 11 bankruptcy after losing a Boeing contract.
Great Lakes Petroleum Transportation of Alma, Michigan, which hauls crude oil, filed for Chapter 11 bankruptcy protection. The trucking company has 59 power units and 49 drivers.
Truckers are owed hundreds of thousands of dollars after Jamco Services LLC of Midland, Texas, filed for Chapter 11 protection on Wednesday.
Slumping oil prices and COVID-19 pandemic forced Houston-based Hi-Crush to file for Chapter 11 bankruptcy protection on Sunday.
Deluxe Express filed for bankruptcy protection, citing skyrocketing insurance rates, fatal crash.
The Illinois-based carrier is being sued by its principal lender and landlord for failing to pay its financial obligations.
Frac sand firm Vista Proppants and Logistics filed for Chapter 11 bankruptcy protection on Tuesday, saying it has around $500 million in liabilities.
Lawsuit claims Triangle Recovery Services falsely advertised itself as a surrender site, offered cash rewards for locations of Celadon’s equipment and is holding the seized equipment for ransom.
Borden Dairy Co. filed for Chapter 11 bankruptcy protection Jan. 5, blaming rising raw milk costs, reduced milk consumption and increased competition among non-dairy alternatives, including almond and soy milk.
Ohio-based GDS Express Group Inc. filed for bankruptcy protection after stranding drivers just days before Christmas.
FreightWaves CEO and founder Craig Fuller, Emily Szink, and Dooner discuss Celadon’s bankruptcy filing, immediate shutdown, and the impact it has had. They’re joined by a number of drivers who tell their side of the story and give us additional insight into how they learned of their impending fate.
The official announcement followed a chaotic weekend of credit, customer, and driver issues,
On today’s episode, a carrier downsizes while another files for bankruptcy, Forever 21’s bad luck, the GM strike and this week’s Pricing Power Index. Plus, Emily Szink knows what’s a […]
Richmond, Virginia-based Estes Express Lines has submitted a $15 million bid to buy two affiliates of bankrupt New England Motor Freight – Eastern Freight Ways Inc. and Carrier Industries Inc. – on April 26.
A U.S. trustee has asked the U.S. Bankruptcy Court to appoint a Chapter 11 trustee to oversee the operations of IPS Worldwide.
Revised package worth $3 million more.
Inside YRC’s fight with IPS Worldwide.
