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Economy

Comcar Files for Chapter 11, Selling Off Assets

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.

FTR: Don't Look for Positive Trucking Conditions Again Until 2021

According to FTR’s projections for its Trucking Conditions Index, a combination of drastic declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the second quarter of this year.