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October’s bankruptcy spike: 5 carriers file for Chapter 11 in just two weeks
During the first half of October five transportation-related companies filed for bankruptcy under Chapter 11. The transportation industry has gone through difficult months, but October appears to have exceeded expectations in just two weeks, thanks to a surge in filings from companies seeking protection under Chapter 11. According to a recent report from FreightWaves, the […]
Texas-based JJ Transport files for bankruptcy days before civil trial
The company filed for bankruptcy just four days before a scheduled wrongful death civil trial in El Paso County, Texas. A Texas-based transportation company, J.J. & Sons Logistics, operating as JJ Transport, filed for bankruptcy just four days before a scheduled wrongful death civil trial in El Paso County, Texas. In the filed petition, JJ […]
Wise Choice Trans. Corp. bankruptcy filing
With 34 power units and 33 drivers, the company filed for bankruptcy last thursday. Based in Hayward, California, Wise Choice Trans. Corp., with 34 power units and 33 drivers, filed for bankruptcy with the U.S. Bankruptcy Court for the Northern District of California last thursday. Established in 2009, the company provided last-mile, partial and full […]
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