Core Points - P. Judge & Sons, a New Jersey-based warehousing and trucking company, has filed for Chapter 11 bankruptcy protection after 100 years in operation [1] - The company reported estimated assets and liabilities between $1 million and $10 million [2] - P. Judge operates 71 power units and has an equal number of drivers, but its safety record is below the national average [2][3] Financial Summary - Estimated assets: between $1 million plus one dollar and $10 million [2] - Estimated liabilities: same range as assets [2] Operational Insights - The company has a poor safety record, with 46.2% of inspected vehicles put out of service compared to the national average of 22.26% [3] - For drivers, 11.8% were put out of service, while the national average is 6.67% [3] Company Structure - The bankruptcy filing includes several entities under the Judge Organization, such as P. Judge & Sons Trucking and Port Elizabeth Terminal and Warehouse [4] - The company offers various services beyond trucking, including cross-dock services and beverage handling [5] Industry Context - Other trucking and logistics companies have also filed for Chapter 11 protection recently, indicating a trend in the industry [6]