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Bankruptcy

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.

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.