Search results: bankruptcy

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...

A new report indicates that an Indiana-based mega-carrier plans to file for Chapter 11 bankruptcy protection this week.

A private equity firm-owned motor carrier and its affiliates have filed for bankruptcy protection in the state of Florida.

One of the largest car haulers in the North American trucking industry has filed for bankruptcy, but company officials say that most employees jobs are safe.

A California truck load carrier filed for bankruptcy this week, making it the second carrier in a week to file.

Last year, the company ranked as the 17th largest LTL carrier and generated more than $400 million in revenue.

The U.S. Supreme Court announced today that they will review a trucking company's bankruptcy deal that paid out unsecured creditors and lawyers instead of truck drivers, even through the truckers ranked higher on the payment priority...