Fleet Management

Bankruptcy

1  -  5  of  5

March 18, 2016 - Industry News

Lawsuits Push Port Trucking Company Into Bankruptcy

Premium Transportation Services, also known as Total Transportation Services, has filed for Chapter 11 bankruptcy, citing its financial troubles related to driver misclassification lawsuits and legal costs.

Tags: Bankruptcy, Ports, Port Trucking, Total Transportation Services, Independent Contractors, Intermodal, Drayage, Teamsters, Labor Unions

June 12, 2014 - Industry News

Life After New Century Transportation Closing, Bankruptcy

Truck drivers for New Century Transportation are reportedly interviewing for new jobs at the company’s New Jersey terminal, while other carriers are moving freight left in the fleet’s system and a lawsuit has been filed, following the fleet's closure earlier this week and filing for bankruptcy liquidation.

Tags: Drivers, New Jersey, Bankruptcy, New Century Transportation

June 10, 2014 - Industry News

New Century Transportation Files for Bankruptcy

In 2006, New Century Transportation's founder, Harry Muhlschlegel, was named an HDT Truck Fleet Innovator.

The trucking company New Century Transportation is shutting down and filing for Chapter 7 bankruptcy liquidation.

Tags: Drivers, New Jersey, New Century Transportation, Bankruptcy

September 18, 2013 - Industry News

Bankruptcy Court Approves Sale of Vehicle Hauler Allied to Jack Cooper Transport

A U.S. Bankruptcy Court judge in Delaware has given vehicle hauler Allied Systems Holdings the go-ahead to sell most of its assets to a rival auto transporter for $135 million.

Tags: Drivers, Bankruptcy, Teamsters

September 16, 2013 - Industry News

Auto Hauler Allied Selects Jack Cooper Transport Bid

At an auction that concluded on Thursday, auto transporter Allied System Holdings selected fellow auto hauler Jack Cooper Transport as the entity with the best and highest bid.

Tags: Drivers, Bankruptcy, Teamsters

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