Balkan Express and its affiliate, Balkan Logistics, have filed for Chapter 11 bankruptcy protection, citing debts of more than $25 million.
The companies, which seek to reorganize, filed for Chapter 11 protection on Wednesday in the U.S. Bankruptcy Court for the Northern District of Texas.
Fort Worth-based Balkan Express is a dry van trucking company that has been operating since 2007. It has 166 drivers and 159 power units, according to the Federal Motor Carrier Safety Administration.
Balkan...
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