Illinois trucking companies file for Chapter 11 bankruptcy protection [Yahoo! Finance]
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Prologis, Inc. (PLD)
Last prologis, inc. earnings: 4/21 08:00 am
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Source: Yahoo! Finance
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 Hiltz, bankruptcy attorney for Patriot Transport and Expeditor Systems, had not responded to FreightWaves' request for comment. Patriot Transport Founded in 2006, Patriot Transport lists its assets as between $1 million and $10 million and its liabilities as between $10 million and $50 million. The petition lists the number of creditors as up to 999 but states that funds will be available to unsecured creditors. Among the company's top creditors with the largest unsecured claims are the IRS of Philadelphia, owed over $692,000; Wesco Insurance Co. of Dallas, owed over $628,000; and Prologis 2 L.P. of Dallas, ow
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PLD
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PLD
Earnings
- 4/17/24 - Miss
PLD
Sec Filings
- 6/7/24 - Form 4
- 6/7/24 - Form 11-K
- 5/13/24 - Form 4
- PLD's page on the SEC website