More Bankruptcies in Trucking?! When Will It End?!
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MORE BANKRUPTCIES!? Can you believe it??
In this video, Ronen breaks down the details of yet another chapter 11 bankruptcy in our industry, as well as discuss the differences between chapter 11 bankruptcy and a closure. Do you think we can expect to see more companies filing for bankruptcy in the near future?
Leave your comments below!!
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Chapters:
00:00 Introduction
00:10 Illinois trucking company files for bankruptcy
00:58 Taking a look at the company details on Carrier 411
01:21 Illinois trucking company stats
01:45 Safety rating
02:01 Looking to sponsor ET?
02:34 What’s the difference between chapter 11 bankruptcy and closure?
04:34 What happens to the drivers and trucks?
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