Tagged: Bankruptcy

Bankruptcy Papers Photo by Melinda Gimpel on Unsplash 0

JCB Trucking Files Bankruptcy

An Indiana-based trucking company recently filed Chapter 11, more than a month after the Federal Motor Carrier Safety Administration (FMCSA) ordered the carrier to suspend interstate operations after receiving an unsatisfactory rating. JCB Trucking Enterprises LLC

Photo by Monika Kubala on Unsplash 0

U.S. Dairy Sector Struggling

The U.S. dairy industry, the largest in the world, is under severe pressure as the consumption habits of Americans shift, data show. Borden Dairy filed for bankruptcy protection, the second major U.S. dairy to do…

Line of colorful semi-trailer cabs. 0

Truckers Unite Against Freight Broker

A coalition of trucking companies filed a petition in May to force an Indianapolis, Ind.-based freight brokerage into Chapter 7 bankruptcy proceedings for unpaid transportation services. The involuntary Chapter 7 bankruptcy petition, filed in U.S…

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