Mack Trucks and Volvo Financial Services are extending finance programs intended to help customers contending with the coronavirus pandemic.
Mack Financial Services is offering several enhanced finance programs to help customers of all segments during the current coronavirus situation.
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.
Celadon Group has announced that it has refinanced its former revolving credit facility and obtained $165 million in new financing.
The financially troubled parent of several trucking companies, including YRC Freight, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News.
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