A former trucking company owner from Acworth, Georgia, reported to prison Thursday, a day after a federal judge denied a motion to postpone his surrender following his sentencing in a Paycheck Protection Program fraud scheme.
In the aftermath of Central Freight Lines’ abrupt closure five weeks ago, many of the company’s 2,100 employees, including 1,325 truck drivers, are struggling with paycheck concerns and questions about when or if they will receive vacation pay and unemployment benefits, while others claim they were subjected to unsafe working conditions at the company’s headquarters in Waco, Texas.
An Ohio-based transportation company and three of its trucking company affiliates filed for Chapter 11 bankruptcy protection, despite receiving PPP loans through the U.S. Small Business Administration to stay afloat during the pandemic.
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.
