bankruptcies

Government, Business, Fuel

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Pedestrians walk along a beach near the Noble Sam Turner jack-up drilling rig Pedestrians walk along a beach near the Noble Sam Turner jack-up drilling rig in Cromarty, U.K., on June 23, 2020. Noble says it will continue operating during the bankruptcy. (Jason Alden/Bloomberg News)

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

July 31, 2020
Business, Logistics

Trucking Sees Rise in Acquisitions

Shaking hands The economic environment is ripe for smaller carriers looking to sell. (Getty Images)

The trucking industry has experienced a robust acquisitions market over the past year that shows no signs of stopping.

Connor D. Wolf | Staff Reporter
January 30, 2020
Government, Business, Logistics, Top 100

New England Motor Freight Increases Severance Packages for Employees

Parked NEMF trucks New England Motor Freight

About 2,500 workers will get additional severance pay from New England Motor Freight, a New Jersey-based carrier that declared bankruptcy in February, according to an attorney representing terminated employees.

Jim Stinson | Staff Reporter
March 14, 2019
Business, Safety, Government

Trucking Bankruptcies Rise

Trucking fleet failures more than doubled in the first quarter from a year earlier as rising costs, regulatory burdens and inclement weather sank marginal fleets, a new report found.

April 14, 2014