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Locally Owned and Operated Car Wash Business Files for Chapter 11 Bankruptcy
2+ week, 4+ day ago (445+ words) Wash Depot Corp. has officially commenced bankruptcy proceedings. The locally owned and operated company provides its car wash services in Georgia. Its filing comes as the U.S. car wash industry faces rising competition, slowing demand, and tighter access to financing. PACER…...
Fulfillment Leaders Brace for Peak Season Surge
2+ week, 4+ day ago (359+ words) Kase, a provider of direct-to-consumer, retail and omnichannel order fulfillment services, tapped independent research agency TrendCandy to poll 328 retail and e-commerce fulfillment executives to better understand how businesses are balancing confidence, complexity and cost pressures as the industry heads into…...
Pittsburgh-area business bankruptcies drop 38.7% in Q2 after first-quarter surge
3+ week, 2+ day ago (163+ words) WPXI Pittsburgh-area business bankruptcies drop 38.7% in Q2 after first-quarter surge PITTSBURGH â Fewer local businesses opted for bankruptcy during the three months ended June 30. Commercial bankruptcy filings in the Pittsburgh area during the second quarter dropped to 38, a 38.7% plunge from the first…...
3 trucking firms in Alabama, California and Michigan file Chapter 11 bankruptcies
3+ week, 3+ day ago (264+ words) Small businesses Anchor South Transport, Rambo Transport and Stoneman Trucking submitted voluntary petitions in court. Business bankruptcies for the 12-month trailing period at the end of June totaled 26,941, and that annual tally has been growing in recent years and has…...
Suburban Chicago carrier files for Chapter 7 bankruptcy
4+ week, 1+ day ago (260+ words) Chicago Freight, based in Carol Stream, Illinois, reported nearly $696,000 in liabilities in the Aug. 5 voluntary petition. Chicago Freight filed for Chapter 7 bankruptcy, according to a voluntary petition in federal bankruptcy court. The carrier reported having $2,500 in assets and nearly $696,000 in…...