H&W Seeks Bankruptcy Reorganization
Midwestern less-than-truckload carrier H&W Motor Express Co. will ask a federal bankruptcy judge in Sioux City, Iowa, to approve a reorganization plan that will help put the company's trucks back on the road.
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Roger D. Waldner, the company's owner and chief executive officer, said his 75-year-old business filed for Chapter 11 protection from creditors on June 12 and that his fleet of 400 tractors and trailers was idled two days later.
"We're using other carriers to clean out the freight in our system," he said in a telephone interview from the company's Dubuque headquarters.
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