Twelve more trucking companies filed for Chapter 11 bankruptcy in October, highlighting the embattled transportation finance sector.
These freight carriers filed for Chapter 11 last month, according to U.S. Bankruptcy Court documents obtained by Equipment Finance News:
- G1 Transport filed Oct. 3 in the Northern District of Georgia;
- GEC Transport Solutions filed Oct. 6 in the Southern District of Texas;
- Hadnot Logistics filed Oct. 29 in the Northern District of Texas;
- IH 35 Transportation filed Oct. 2 in the Southern District of Texas;
- Mister M&K Trucking filed Oct. 17 in the Western District of Texas;
- Propel Trucking filed Oct. 2 in the Eastern District of Arkansas;
- R&R Transport & Logistics