Comcar dropped $25 million in 2019 before Chapter 11 filing

The bankruptcy of privately held Comcar was fueled by the same weak trends that have befallen many trucking companies, with the added burden of a significant amount of debt.

Comcar filed its bankruptcy documents in Delaware on Sunday, May 17, along with a public announcement of its Chapter 11 filing and the sale of its operating units. Unlike the bankruptcy of Celadon, the bankruptcy and breakup do not show any signs of leaving drivers stuck out in the field, with a plan to sell its operating...

https://www.freightwaves.com/news/comcar-dropped-25-million-in-2019-before-chapter-11-filing

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