UPDATE: Georgia-based carrier with 128 drivers files for Chapter 11 bankruptcy
A Georgia-based trucking carrier employing 128 drivers has filed for Chapter 11 bankruptcy, according to the information provided.
Chapter 11 is a form of bankruptcy that typically allows a company to keep operating while it works through a court-supervised plan to reorganize its debts. For drivers, that kind of filing can matter immediately because it can affect day-to-day operations, including how freight is handled and how business decisions get made under tighter financial oversight.
At the same time, a Chapter 11 filing does not automatically mean a carrier is shutting down. In many cases, it signals that the company is trying to stabilize and continue operating, rather than liquidate. The filing is still a significant development for a fleet of this size, because 128 drivers represents a meaningful amount of capacity and paychecks tied to one operation.
No additional details were provided about the reasons for the filing, the carrier’s assets and liabilities, the court location, or any immediate changes to operations.