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Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.

The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be approved in two stages, which is typical in large corporate bankruptcy cases.

Liquidation of the real estate assets of bankrupt less-than-truckload carrier Yellow Corp. entered a new phase in recent days — termination of terminal lease agreements.

Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production.

A judge may rule as soon as Nov. 15 on the fate of $6.5 billion in pension claims from bankrupt Yellow Corp. retirees.

American Tire Distributors, which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.

Defunct cargo hauler Yellow Corp. may put its remaining cargo terminals and other vacant properties into a real estate investment trust that could be used to raise money for creditors.

The auction of Yellow's assets is continuing as sales of the bankrupt carrier's terminals are funding debt repayments. 

An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.

A financial services adviser urged trucking companies to learn as much as possible about new and existing customers’ ability to pay their bills, as navigating the post-pandemic economy will bring with it new challenges.