Illinois trucking companies file for Chapter 11 bankruptcy protection

Capt. John

Illinois-based Patriot Transport and its sister company, Expeditor Systems, recently filed for Chapter 11 bankruptcy protection. 

Igor Terletsky is listed as president of both Patriot Transport Inc. of Carol Stream and Expeditor Systems of Burr Ridge in the Chapter 11 petitions filed separately in the U.S. District Court for the Northern District of Illinois.

No reason was given as to why the companies filed for bankruptcy protection, but both trucking seek to reorganize. 

As of publication, John...

https://www.freightwaves.com/news/illinois-trucking-companies-file-for-chapter-11-bankruptcy-protection

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