The Great Freight Recession has wreaked havoc on trucking, shipping, and logistics companies since about May 2022, with thousands of companies filing for bankruptcy, going out of business, or both.

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

Paladin Capital’s Chapter 11 filing ties together recent truck carrier shutdowns at Robert Bearden Inc. and Quickway Transportation. The post Paladin Capital files for Chapter 11 as trucking portfolio ...

North Star Health Alliance and three Northern New York healthcare affiliates filed for Chapter 11 bankruptcy protection to stabilize their finances, resulting in 120 layoffs and inoperable local ...

Intrum's ongoing restructuring is very positive for shareholders, as it dissipates any short-term solvency concerns by delaying any major debt repayment until 2028 and applying a haircut to the debt.

Anderson Hay & Grain has filed for Chapter 11 bankruptcy as it works to reorganize its operations. The Washington-based hay and forage exporter, along with several of its affiliates, is facing ...

TOKYO (Reuters) -Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of ...

DAYTONA BEACH — It is not publicly known whether the financially struggling owners of CMX Cinemas currently owe money to NASCAR, the landlord of the movie theater chain's CMX Daytona Luxury 12 ...

The huge logistics and trucking company files for bankruptcy protection to reorganize. The logistics and trucking industry has faced economic challenges over the last two years that have been known as ...

The condition of the trucking and logistics industry has not improved after three years of the Great Freight Recession. Shipping companies continue to face financial distress and file for Chapter 11 ...