Trucking Company Bankruptcies

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That's more than triple the amount of bankruptcies from the same period last year — 175. ... LME's owners ran a trucking company called Lakeville Motor Express that abruptly shuttered in 2016 ...…

Oct 01, 2019 · Find out more about the latest companies to file for bankruptcy and what that means for the trucking industry. Subscribe to Transport Topics - a leader in trucking news.…

$400 million trucking carrier files for bankruptcy, surprising employees and customers. Last year, the company ranked as the 17th largest LTL carrier and generated more than $400 million in revenue.…

Nov 08, 2019 · Company by company, truck by truck, motor carrier bankruptcies threaten to sap freight capacity from an already tight truckload shipping market in the U.S. as freight demand rises. As operating costs such as driver pay rise and federal regulations cut into productivity, hundreds of trucking companies are shutting their doors each quarter.…

Ceres, California-based trucking company Mike Tamana Freight Lines filed Chapter 11 bankruptcy on February 8 in the Eastern District of California in Modesto, according to court documents. It isn’t clear what the company’s plans are for the weeks and months to come, but the company’s Facebook page has been taken down.…

2019 Trucking Company Closures. Layla Rapp Tuesday, September 3, 2019. 32 9,763 Less than a minute. Tags. 2019 bankrupt Job losses trucking company close trucking company failures trucking job loss. Show More . Share. Facebook Twitter LinkedIn Reddit ……

Sep 05, 2019 · 2019 Trucking Company Closures So Far Have Doubled All of 2018. HVH Transportation via Facebook [Stay on top of transportation news: Get TTNews in your inbox.]…

Jan 31, 2020 · This week in Raleigh business bankruptcies include D J Hareg Trucking LLC and Captain Dave Inc. For the year, Raleigh has recorded 7 business bankruptcy filings.…

The first trucking company to fold this year was also the largest company on the list. The New England Motor Freight -- which reportedly employed 1,472 truck drivers -- a nnounced in February that ...Author: Ann Schmidt…

New England Motor Freight, the 19th-largest less-than-truckload (LTL) trucking company in the US, filed for bankruptcy protection on Monday. Several top freight analysts said one of NEMF's ...…