After closing without notice in early December, Akron, Ohio-based GDS Express has filed for bankruptcy. The company filed for Chapter 11 liquidation on Dec. 27, 2019, citing the shutdown of a revolving credit account.
After scouring through our website analytics of news items of the past 12 months, HDT came up with the top 19 stories of 2019, giving you a look back on some of the important moments from this past year.
Refrigerated fleet Cold Carriers Logistics filed for Chapter 11 bankruptcy reorganization in Florida on Sept. 27, according to a recent court filing.
Recent closures have prompted headlines touting trucking’s “bloodbath” and “apocalypse.” But anyone who has been in this business for very long at all knows trucking is extremely cyclical.
Following its Chapter 11 bankruptcy filing, Sears Holdings Corp. plans to close another 142 stores by the end of the year, and Edward Lampert will step down as chief executive but remain chairman.
Scandal-plagued automotive supplier Takata has filed for bankruptcy protection in the wake of the largest recall in U.S. history. So what comes next? Video courtesy of Bloomberg.
BREA, CA - American Suzuki Corp. plans to discontinue new auto sales in the continental U.S. and transition its business to provide parts and service through its dealers. The company is filing under chapter 11 to restructure its business so it can focus on its other divisions.
ROYAL OAK, MI - Saab Cars North America (SCNA) announced it has chosen an out-of-court resolution for its operations. The automaker has selected financial advisor McTevia & Associates to direct the process.
ZEEWOLDE, THE NETHERLANDS - Chinese company Youngman decided it could no longer fund Saab's reorganization, so the automaker's board decided to file for bankruptcy.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
