The Great Freight Recession has wreaked havoc on trucking, shipping, and logistics companies since about May 2022, with thousands of companies filing for bankruptcy, going out of business, or both.

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

Paladin Capital’s Chapter 11 filing ties together recent truck carrier shutdowns at Robert Bearden Inc. and Quickway Transportation. The post Paladin Capital files for Chapter 11 as trucking portfolio ...

View post: Walmart's bestselling $100 universal travel adapter is on sale for $21, and it's portable and convenient The casual restaurant sector faced financial distress in 2024 with several major ...

Intrum's ongoing restructuring is very positive for shareholders, as it dissipates any short-term solvency concerns by delaying any major debt repayment until 2028 and applying a haircut to the debt.

Anderson Hay & Grain has filed for Chapter 11 bankruptcy as it works to reorganize its operations. The Washington-based hay and forage exporter, along with several of its affiliates, is facing ...

TOKYO (Reuters) -Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of ...

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday. The filing comes ...

Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time in less than a year on Friday. The company had avoided bigger changes to cut costs, like getting rid of planes or more ...