Carriers owed thousands after lumber processor files for bankruptcy

Northland Corp., a hardwood processor, filed for Chapter 11 bankruptcy protection on July 27.

Several trucking companies and freight brokerages are owed thousands of dollars after a Kentucky-based lumber processor filed for Chapter 11 bankruptcy protection Monday.

Northland Corp., headquartered in La Grange, Kentucky, filed its petition in the U.S. Bankruptcy Court for the Western District of Kentucky.

In its filing, Northland lists both its assets and liabilities as between $1 million and $10 million and states it has up to 199 creditors. 

Among the lumber company’s top 20 unsecured...

https://www.freightwaves.com/news/carriers-owed-thousands-after-lumber-processor-files-for-bankruptcy

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