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16 trucking corporations hit chapter courtroom in lower than a month

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16 trucking corporations hit chapter courtroom in lower than a month


A brand new spherical of trucking bankruptcies has swept throughout the U.S. in latest weeks, with carriers starting from small owner-operators to fleets working dozens of vans looking for Chapter 7 or Chapter 11 safety.

Not less than 16 trucking, supply and transportation corporations entered chapter proceedings between late August and Sept. 21, in keeping with federal courtroom filings and provider information reviewed by BigRig.

The filings embody Chapter 11 circumstances involving Globemaster Included, Xoco Transport, Jett Transport & Supplies, CLJ Transporting, Mill Creek Logistics-Illinois, RP Hay Hauling, Truckload LLC and Pacer Transport. A number of smaller carriers filed Chapter 7 circumstances, which usually contain liquidation somewhat than reorganization.

The filings come as trucking corporations proceed navigating a freight setting marked by rising diesel gasoline costs and different elevated working prices.

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Xoco Transport enters Chapter 11

Xoco Transport, a Hidalgo, Texas-based provider, filed for Chapter 11 chapter safety on Sept. 16.

Chapter courtroom filings point out the provider has greater than 40 tractors, 65 drivers and 70 trailers.

Chapter courtroom filings point out Hidalgo, Texas-based Xoco Transport has greater than 40 tractors, 65 drivers and 70 trailers. (Picture: Xoco Transport)

Illinois provider Globemaster recordsdata chapter

Globemaster Inc., a Bolingbrook, Illinois-based long-haul provider, filed for Chapter 11 safety Sept. 15 within the U.S. Chapter Courtroom for the Northern District of Illinois.

The corporate reported property of between $500,000 and $1 million and liabilities starting from $1 million to $10 million.

Globemaster operates 51 energy models and reported roughly 3.3 million annual miles in its most up-to-date regulatory filings.

The corporate listed between one and 49 collectors in its chapter submitting.

Amazon supply contractor seeks safety

CLJ Transporting Inc., an Auburndale, Florida-based provider recognized as an Amazon Supply Service Companion, filed for Chapter 11 safety Sept. 15 within the Center District of Florida.

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CLJ reported property between $100,000 and $500,000 in opposition to liabilities of $500,000 to $1 million.

Provider information record the corporate with 18 vans, whereas the chapter roundup identifies a workforce of 30 drivers supporting last-mile supply operations in Florida.

Texas development hauler recordsdata Chapter 11

Jett Transport & Supplies LLC filed for Chapter 11 safety Sept. 14 within the Western District of Texas.

The Somerset, Texas-based firm focuses on hauling development supplies and reported property between $100,000 and $500,000 and liabilities between $500,000 and $1 million.

The corporate operates about 14 vans and 14 trailers, in keeping with information included with the chapter data. It was listed with 10 drivers and an lively motor provider registration.

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Carriers in Texas, Illinois, Florida, Arizona and Louisiana are amongst corporations submitting for chapter since late August, as monetary pressure continues to work by way of the trucking market. (Picture: Jim Allen/BigRig)

Mill Creek Logistics seeks reorganization

Mill Creek Logistics-Illinois Inc., based mostly in Lenexa, Kansas, additionally filed for Chapter 11 on Sept. 14.

The courier and categorical supply firm reported between $100,000 and $500,000 in property and between $1 million and $10 million in liabilities.

Federal provider information cited within the chapter roundup beforehand listed Mill Creek with 24 energy models and 28 drivers. The corporate reported about 1.24 million miles traveled in 2023.

Arizona agricultural hauler recordsdata Chapter 11

RP Hay Hauling LLC, a Parker, Arizona-based provider specializing in agricultural transportation, filed for Chapter 11 safety Sept. 10.

The corporate reported each property and liabilities within the 1million-to-10 million vary and listed between one and 49 collectors.

The chapter submitting identifies RP Hay Hauling as working in specialised freight trucking with a give attention to agricultural transportation.

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Expedite Specific faces chapter, authority suspension

Truckload LLC, which operates as Expedite Specific, filed for Chapter 11 safety Sept. 9.

The Ave Maria, Florida-based firm reported property between $100,000 and $500,000 and liabilities of lower than $50,000, with between 50 and 99 collectors.

The submitting comes because the provider faces a scheduled involuntary suspension of its motor provider working authority on Sept. 30. The corporate additionally voluntarily suspended its property dealer authority on Aug. 21, in keeping with regulatory information cited within the chapter roundup.

Truckload operated 114 energy models with 114 drivers as not too long ago as Could 2024. The corporate reported 300,000 miles in its 2026 MCS-150 submitting.

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Pacer Transport reviews as much as $10 million in liabilities

Pacer Transport Inc. filed for Chapter 11 safety Sept. 4 within the Western District of Louisiana.

The Arnaudville, Louisiana-based firm reported lower than $50,000 in property and between $1 million and $10 million in liabilities, one of many widest asset-to-liability disparities among the many latest filings.

The corporate listed between one and 49 collectors. Information cited within the chapter roundup describe Pacer as concerned usually freight, flatbed and specialised hauling and brokerage companies.

Smaller carriers head to Chapter 7

The latest chapter exercise additionally features a cluster of smaller fleets coming into Chapter 7 proceedings.

A&B Transportation Inc. of Lake Elsinore, California, filed Sept. 11. The provider is listed with six vans and 6 drivers. Russ Exp Co., an Arlington Heights, Illinois-based interstate provider with 5 vans and 5 drivers, additionally not too long ago entered Chapter 7 proceedings.

Texas-based carriers coming into chapter embody T Yorkman Trucking LLC of Midland, which specialised in oil subject water transportation, vacuum truck operations and hazardous-material hauling; Blue Star Transports LLC of Garland, listed with two vans and two drivers; and Jackdollars Transport LLC of McKinney, a one-truck provider.

In California, Eulogia Logistics Inc. of Hacienda Heights filed Chapter 7 on Sept. 17. It’s listed with three vans and 5 drivers. South Gate-based Rothchild Transportation LLC, listed with one truck and one driver, additionally entered chapter proceedings.

C. Delight Transport Inc., an Illinois provider listed with one truck and one driver, not too long ago filed Chapter 7 within the Northern District of Illinois.

The string of circumstances doesn’t essentially point out that all the corporations have ceased operations. Chapter 11 is designed to present financially distressed companies a chance to restructure, whereas Chapter 7 typically entails liquidation of a debtor’s property.

Latest trucking and transportation chapter filings

Firm Location Submitting date Chapter Fleet/operation Property Liabilities
C. Delight Transport Inc. Illinois Sept. 18 7 1 truck, 1 driver — —
Eulogia Logistics Inc. Hacienda Heights, Calif. Sept. 17 7 3 vans, 5 drivers — —
Xoco Transport LLC Hidalgo/Mission, Texas Sept. 16 11 40+ tractors, ~70 trailers 1M-10M 1M-10M
Globemaster Included Bolingbrook, Unwell. Sept. 15 11 51 energy models 500K-1M 1M-10M
CLJ Transporting Inc. Auburndale, Fla. Sept. 15 11 18 vans, 30 drivers 100K-500K 500K-1M
Jett Transport & Supplies LLC Somerset, Texas Sept. 14 11 14 vans, 14 trailers 100K-500K 500K-1M
Mill Creek Logistics-Illinois Inc. Lenexa, Kan. Sept. 14 11 24 energy models* 100K-500K 1M-10M
A&B Transportation Inc. Lake Elsinore, Calif. Sept. 11 7 6 vans, 6 drivers — —
RP Hay Hauling LLC Parker, Ariz. Sept. 10 11 Agricultural/specialised hauling 1M-10M 1M-10M
Truckload LLC (Expedite Specific) Ave Maria, Fla. Sept. 9 11 Traditionally 114 energy models* 100K-500K 0-50K
Pacer Transport Inc. Arnaudville, La. Sept. 4 11 Normal/specialised freight, brokerage 0-50K 1M-10M
Russ Exp Co. Arlington Heights, Unwell. September 7 5 vans, 5 drivers — —
T Yorkman Trucking LLC Midland, Texas Latest submitting Chapter proceedings** Traditionally ~39 vans — —
Blue Star Transports LLC Garland, Texas Latest submitting 7 2 vans, 2 drivers — —
Jackdollars Transport LLC McKinney, Texas Latest submitting 7 1 truck, 1 driver — —
Rothchild Transportation LLC South Gate, Calif. Latest submitting 7 1 truck, 1 driver — —
The chapter filings supply a snapshot of economic stress amongst small and midsize carriers.

Why it issues: The geographically widespread filings present monetary strain persevering with to floor throughout normal freight, last-mile, agricultural and specialised trucking.

The put up 16 trucking corporations hit chapter courtroom in lower than a month appeared first on BigRig.

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