Trailer sales and leasing company files for bankruptcy protection

K & L Trailer Sales and Leasing Inc. (K & L Sales) of Knoxville, Tennessee, recently filed for Chapter 11 bankruptcy protection.

The family-owned business, opened in 1994, employs 23 people. The company sells new and used trailers, including dry van, reefer, flatbed and tankers, among others.

K & L Sales also sells parts and operates a trailer repair shop.

In its filing with the U.S. District Court for the Eastern District of Tennessee, it lists assets between $1 million and $10 million and...

https://www.freightwaves.com/news/trailer-sales-and-leasing-company-files-for-bankruptcy-protection

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