Core Insights - Montgomery Transport LLC, a flatbed trucking company based in Birmingham, Alabama, has filed for Chapter 7 bankruptcy, marking it as the largest trucking bankruptcy of the year, resulting in approximately 1,000 employees losing their jobs [4][6]. Company Overview - Montgomery Transport specialized in the safe transport of over-dimensional freight, emphasizing high safety standards, well-maintained equipment, and strong customer relationships [5]. Bankruptcy Details - The bankruptcy filing occurred after a failed sale to P & S Transportation, leading to an immediate cessation of operations without a wind-down period, leaving in-transit and in-warehouse deliveries uncertain [3][6]. - The bankruptcy court allowed other freight companies to charge customers again for delivery of goods that were already paid for, complicating the situation for customers [2][3].
Trucking company files Chapter 7 bankruptcy, shuts down abruptly
Yahoo Finance·2025-10-10 17:33