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Bankruptcy

Comcar Industries, the parent company for five national truck transportation and related services businesses, has announced its intent to sell its various operating companies, recently filling for Chapter 11 protection to facilitate these sales.

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GDS Express Files for Bankruptcy, Cites Lack of Credit

After closing without notice in early December, Akron, Ohio-based GDS Express has filed for bankruptcy. The company filed for Chapter 11 liquidation on Dec. 27, 2019, citing the shutdown of a revolving credit account.

HDT's Top 19 Trucking News Stories of 2019

After scouring through our website analytics of news items of the past 12 months, HDT came up with the top 19 stories of 2019, giving you a look back on some of the important moments from this past year.

LTL Carrier LME Inc. Abuptly Shuts Doors

A regional less-than-truckload carrier has shut down abruptly, apparently unable to face obligations from a legal settlement regarding charges of being a chameleon carrier.

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.