A family-owned California trucking company, which provided earthwork, excavation and demolition services, along with its affiliated company, recently filed for Chapter 11 bankruptcy protection, citing cashflow issues after defaulting on its factoring agreement.
Miranda Logistics Enterprise Inc. of Los Angeles, and sister company, Grit & Gravel Inc., recently filed for bankruptcy protection in the U.S. Bankruptcy Court for the Central District of California.
In its 21-page petition, Miranda...