21.1 C
New York

Indiana trucking company says they’re ‘actively hiring’ with no layoffs following Chapter 11 bankruptcy filing

Published:

An Indiana-based trucking company that recently filed for bankruptcy protection has issued a statement to set the record straight on their plans for layoffs and hiring moving forward.

It was reported earlier this week that Evansville, Indiana-based Elmer Buchta Trucking and associated companies filed for Chapter 11 bankruptcy protection after more than 80 years in operation. According to the Federal Motor Carrier Safety Administration’s (FMCSA) SAFER website, Elmer Buchta employs 100 drivers and operates 236 power units.

Following the bankruptcy news, the Elmer Buchta team issued multiple statements this week outlining the impact of the bankruptcy on the company’s operations moving forward and promising business as usual.

“Buchta continues to proudly operate without interruption … We’re in the midst of a financial reinvention that promises a brighter future,” the company said.

The company says that there are no planned layoffs as a result of the bankruptcy filing and that they are “actively hiring” workers.

From Elmer Buchta:

We have no layoffs on our horizon and we don’t need to sell anything. We are actively hiring and aggressively revamping our employment offerings to position us for even more success going forward.

The company also says that they are in good standing with all of their vendors and well supported by their primary lender.

Further, Elmer Buchta says that they are in the process of modernizing their fleet in order to position the business for success moving forward.

To maintain the highest standards of safety and efficiency, we’ve decided to sell our old equipment with high mileage and wear. This is a strategic move to upgrade our fleet over the next 4 — 5 years, solidifying our position as an industry leader with a top-of-the-line fleet.

Elmer Buchta was founded in 1938 and acquired by the Wright Family Investment Group in 2008. Elmer Buchta was then acquired by Transport Acquisitions LLC in January 2023.

JOIN OUR NEWSLETTER

Get the hottest daily trucking news

This Week in Trucking

Videos