Search results: bankruptcy

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.

Midwestern company Elmer Buchta Trucking has filed for chapter 11 after almost 100 years in business.  Elmer Buchta LLC and three other associated companies have filed for chapter 11 bankruptcy this month. The companies are owned by Transport...

Pilot Company has confirmed the temporary closure of many truck stop locations within the company's network following the bankruptcy of fuel retailer Mountain Express Oil (MEX).

After days of speculation about the company's fate, Yellow Corporation has officially announced plans to file for bankruptcy and permanently end operations.

The trucking industry is bracing for news from Yellow Corp. amid multiple reports that the company is preparing to file for bankruptcy. On July 27, the Wall Street Journal reported that Nashville, Tennessee-based Yellow is preparing to...

A Michigan motor carrier that specializes in hauling crude oil recently filed for bankruptcy protection.

Hundreds of thousands of dollars are owed to several trucking companies after a Texas motor carrier filed for Chapter 11 bankruptcy protection.  FALC Enterprises of El Paso, Texas filed its petition in the US Bankruptcy Court for...

A Houston, Texas-based logistics company has filed for bankruptcy protection amid the fallout from the Coronavirus crisis.

Just one day before the House approved a bill that would require double insurance coverage, an Illinois carrier filed for bankruptcy protection citing skyrocketing insurance rates. On Wednesday, Deluxe Express Inc., of Plainfield, Illinois filed for...

An Illinois motor carrier that employs several dozen truck drivers has filed for bankruptcy protection after the company was sued for failure to pay their bills.

A Florida-based parent company announced this week that it will file for bankruptcy and sell off five company subsidiaries.

As it was previously reported, Indianapolis-based Celadon Group is expected to file for the largest truckload carrier bankruptcy in history next week. Over the weekend, the news quickly spread throughout the industry. Initial reactions of...