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Bankruptcy

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.

Exide Technologies Files Voluntary Chapter 11

Exide Technologies, a battery maker based in Milton, Ga., has filed for voluntary Chapter 11 bankruptcy reorganization as it attempts to restructure its U.S. business and strengthen its balance sheet. The company said its international operations are excluded from the filing, which it made Monday in U.S. Bankruptcy Court in Delaware.

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