12 more freight carriers go bankrupt amid lender pullback
Twelve more trucking companies filed for Chapter 11 bankruptcy in October, highlighting the embattled transportation finance sector. These freight carriers ...
Tag: bankruptcy
Farm bankruptcies rise, putting pressure on ag lenders
Lenders in the agriculture equipment and agribusiness sectors are facing increased pressure amid the downturn in farm performance. There were ...
Equipment industry sees rise in small business bankruptcies
As small business bankruptcies rise in some equipment industries, Subchapter V of Chapter 11 is gaining favor as a faster, ...
Freight bankruptcies swell to 21 in Q3
Five more freight carriers filed for bankruptcy at the end of September, bringing the third-quarter total to 21 as transportation ...
7 more freight carriers go bankrupt in Q3, another shuts down
Seven more freight companies filed for bankruptcy over the past month, as unsecured debt racked up, although some transportation subsectors ...
Experts weigh in on distress, bankruptcies in trucking
From tightened lending standards to geopolitical uncertainty, a myriad of factors are prolonging the freight industry’s recession and triggering financial ...
8 more trucking companies go bankrupt, 2 shut down
Eight more trucking companies filed for bankruptcy in the past month while two others ceased operations, and tightened lending standards ...
Commercial Chapter 11 bankruptcies soar 78%
U.S. commercial Chapter 11 bankruptcy filings surged 78% year over year to 911 in July. Overall commercial bankruptcy filings reached ...
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