Major nationwide trucking company files for Chapter 11 bankruptcy
The nationwide trucking and logistics company files for bankruptcy protection to reorganize.
The Great Freight Recession continues to force trucking and logistics companies into financial distress, requiring many to file for Chapter 11 bankruptcy and sometimes close down their business.
Whether it's a large trucking company that ships truckloads to all 48 contiguous states or a small shipping company with a handful of trucks and drivers, the size of the company doesn't matter. Companies of all sizes are declaring bankruptcy, reorganizing, and shutting down.
