New Century Transportation Inc. has filed for bankruptcy, and the less-than-truckload and truckload carrier intends to sell its assets after closing its doors earlier this week.
June 12, 2014Business, Safety, Government
New Century Files for Bankruptcy, Plans Liquidation
Business, Safety, Government
American Roads LLC Files for Bankruptcy
The bankruptcy filing by the private owner of four Alabama toll roads and the operator of the Detroit-Windsor Tunnel is not expected to have any immediate effects on freight haulers, officials said.
August 5, 2013Business, Safety, Government
Battery Manufacturer Exide Technologies Files for Bankruptcy
Heavy-duty truck and automobile battery manufacturer Exide Technologies filed for bankruptcy after environmental regulators in California shut down one if its lead-recycling plants, Bloomberg News reported Monday.
June 10, 2013Business, Safety, Government
Trucking Failures Decline
Truck fleet failures continued to decline early this year, despite high diesel prices that stubbornly remained above $4 per gallon, according to a new report.
May 7, 2012Business, Safety, Government
Hostess Brands Again Files for Bankruptcy
Hostess Brands, the maker of Twinkies snack cakes and Wonder bread, filed for bankruptcy Wednesday, less than three years after completing an earlier restructuring.
January 13, 2012Business, Safety, Government
Trailer Bridge to Be Delisted by Nasdaq
A day after announcing its bankruptcy filing, Trailer Bridge said late Thursday that its stock will be delisted by Nasdaq on Nov. 28.
November 18, 2011