Comcar Industries declares bankruptcyChristian Fernsby ▼ | May 19, 2020
Comcar Industries announced it is filing for Chapter 11 bankruptcy protection and plans to sell its five operating companies as part of the legal process.
Bankruptcy Comcar Industries
Four of the five companies are trucking firms; one is a truck repair and parts distribution company.
In a statement on its website, Comcar said it had reached separate agreements to sell its flatbed company, CT Transportation, to PS Logistics of Birmingham, Ala. That company is a full-service logistics operation with more than 2,000 flatbed assets, vans, step decks/RGNs (removable gooseneck trailers), a brokerage and transportation management division, dedicated fleet operations, and a brokerage division. ■