The condition of the trucking and logistics industry has not improved after three years of the Great Freight Recession.

Yellow Corp.'s failed bid to slash around $6.5 billion in pension withdrawal liabilities is a significant win for one federal ...

2024: Franchise Group filed for Chapter 11 bankruptcy, leading to the announcement that all American Freight stores would close. 2025: AF Newco I, LLC purchased the American Freight intellectual ...

The A&M Consolidated football team did its best to contain Forney running back and Notre Dame commit Javian Osborne, but Osborne could only be stopped for so long. The senior rushed for four ...

LUBBOCK, Texas — Food Concepts International Holdings, Inc. (“FCIH”) the parent company behind the Lubbock-based Abuelo’s restaurant chain has filed for Chapter 11 bankruptcy protection. The filing in ...

OAKLAND — The company that owns a historic downtown Oakland building has filed for bankruptcy in the wake of a loan default that could lead to a foreclosure of the delinquent mortgage. Lamumba Inc., ...

Kawhi Leonard’s salary cap drama continues to add more unknown information. He is under investigation for a $28 million endorsement deal with the Los Angeles Clippers, and the allegations put him and ...

The liquidator for defunct Turkish shipowner Geden Holdings is considering an appeal after Switzerland’s Advantage Tankers won a court case to block bankruptcy proceedings in the US. The court ...

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Want a say in the news? Email Claudia at [email protected] to have your thoughts on the stories covered here or on PennLive heard. An online grocer that owes farmers thousands of dollars has ...

Spirit Airlines is dropping service to 11 cities across the U.S. following its second bankruptcy filing in under a year. The airline plans to restructure by focusing on core markets like Fort ...