Seven more freight companies filed for bankruptcy over the past month, as unsecured debt racked up, although some transportation subsectors are showing strength.
These freight carriers, ranging from specialty short-haul providers to long-haul logistics firms, filed for Chapter 11 bankruptcy, according to U.S. Bankruptcy Court documents obtained by Equipment Finance News.
- Bartram Logistics filed on Sept. 9 in the Middle District of Tennessee;
- CLB Trucking filed on Aug. 15 in the Western District of Pennsylvania;
- H5 Transport filed on Sept. 16 in the District of North Dakota;
- Oscar A. Lopez Trucking filed on Sept. 10 in the Southern District of Texas;
- RMS Carriers filed on Sept. 12 in the Southern District of Texas;