Creditors claim millions as freight bankruptcy filings roll in

The creditors demand millions of dollars from two truck transport companies and the distribution service provider after the three companies applied for bankruptcy at the beginning of this week.

Palaatine, Dolche Truckload Corp. It is based in Illinois, to Chapter 11, bankruptcy in the northern region of Illinois on Sunday.

According to the deposit obtained by Freightwaves, Dolche Truckload has up to 49 estimated creditors. The company owns 1 to 10 million dollars of assets and 1-10 million dollars of estimated obligations.

The best non -guaranteed creditors are the M&T Bank in Buffalo, New York, and they get $ 950,290, small business management in Chicago, demand $ 495,000, and Daimler Truck Financial in Roanoke, Texas, with a duration of $ 121,620.

Liser in Dolche Truckload ownership of 18 Freightliner trucks, 18 Reefer trailers, 16 Volvo trucks and 18 dry trailers estimated at $ 1.92 million. Many creditors made claims for this property.

According to the safest data, Dolche Truckload is employed 60 drivers and runs 57 energy units. The company transfers public charging, fresh products, fluids/gases, meat, chemicals, cooler food, drinks and paper products.

Over the past two years, Dolche Trucking suffered an injury and two withdrawals. Over the past two years, the company has had 37 % of road inspections that lead to vehicles out of service. This is higher than the national average of 22 %

On Monday, Louisville, a distribution company that is based in Kentucky, was submitted to the protection of bankruptcy in Chapter 11 in the West Province of Kentucky.

According to bankruptcy deposit, the services managed in the contracts have up to 49 of the estimated creditors demanding between 1 and 10 million dollars. The company was estimated to have 1 to 10 million dollars of assets.

Senior creditors are a limited partnership in Dallas, calling for $ 1.19 million, American business administration in Birmingham, Alabama, where she got $ 1.16 million, and Labour Solutions LLC in Louisville, Kentucky, duration of $ 259,914.

GD Transport LLC in Orlando, a truck transport company in Florida, has also provided bankruptcy in Chapter 11 in the central region of Florida on Monday afternoon.

GD Transport has up to 49 creditors and has between $ 1 to $ 10 million in estimated assets. The company has 1-10 million dollars of estimated obligations.

The American Express in WilMington, Dilayer, where $ 62,570 was called, Sumitomo Mitsui finance & Leasing in New York City, which demands $ 53,656, and a Chis in Willington, Dilayer, at the pretext of $ 38,750.

The safest data shows that GD Transport employ 16 drivers and runs 16 power units. The company collects public charging, minerals, building materials, fresh products, grains, American mail, goods, drinks, paper products, agricultural supplies, and building elements.

Although GD Transport has not been achieved any accidents over the past two years, the company has received 31 % of road side inspections to vehicles of service – higher than the national average of 22 %.

Beyond the creditors, as the bankruptcy files, are demanding for the first time to appear on the shipping waves.