Transportation & logistics coverage

chapter 11 and restructuring coverage across Transportation & logistics.

29 articles

Showing 13 to 24 of 29 coverage articles

Week of March 16, 2026

Bird Global: SPAC Scooter Operator Ends in Liquidating Plan

Bird Global filed chapter 11 in Miami after ride volumes and revenue fell, completed a lender-backed 363 sale, and exited through a liquidating plan effective September 17, 2024.

PrenegotiatedTechnology & telecom

Mar 16

Pride Group Holdings: Cross-Border Trucking Collapse and Wind-Down

Pride Group used chapter 15 in Delaware to support a Canadian CCAA restructuring after a freight-market downturn and lender defaults. The case evolved from emergency DIP and sale fights into a wind-down after the Johal family bought the logistics business while other assets were liquidated.

FreefallTransportation & logistics

Mar 16

Maximus Supply Chain Holdings Plan Projects 2% Recovery for Unsecured Creditors

Maximus Supply Chain Holdings filed chapter 11 in Indiana after a lender dispute with Centier Bank, completed a $9.95 million Wabash asset sale, and is seeking confirmation of a plan projecting about 2% recovery for unsecured creditors.

FreefallIndustrials & manufacturing

Mar 16

Azul: Confirmed Chapter 11 Airline Restructuring

Azul used chapter 11 to equitize more than $2 billion of debt, fund operations with a $1.35 billion DIP facility, and confirm a plan that kept the airline flying while value shifted to creditor groups through exit notes, new equity, and related trust structures.

PrenegotiatedTransportation & logistics

Week of March 9, 2026

Mar 10

GOL Linhas Aereas Inteligentes S.A.: $1.9B Exit Financing and June 2025 Emergence

GOL Linhas Aereas filed chapter 11 in SDNY on Jan 25, 2024 and emerged June 6, 2025 with $1.9B exit financing and Abra control.

FreefallTransportation & logistics

Week of March 2, 2026

Mar 6

Avenger Flight Group: Aviation Training Provider Files Chapter 11 Amid Customer Bankruptcies

Avenger Flight Group, a Fort Lauderdale-based aviation training provider, filed chapter 11 in Delaware after cascading customer bankruptcies (Spirit Airlines chapter 22, Interjet, Viva Air), the Pratt & Whitney engine crisis, and governance upheaval. Lenders pursue a 363 sale.

Transportation & logistics

Mar 6

DRF Logistics: $47M Chapter 11 Winds Down Pitney Bowes GEC Unit

DRF Logistics filed chapter 11 in SDTX Aug. 8, 2024 to wind down Pitney Bowes' GEC unit with a $47M DIP; plan confirmed Nov. 25, 2024.

PrenegotiatedTransportation & logistics

Mar 6

Coach USA: DIP-Funded 363 Sale Process for Bus and Transit Assets

Coach USA June 2024 Delaware ch. 11 used a roll-up DIP and 363 sale process with multiple asset package sale orders.

Chapter 7Transportation & logistics

Mar 6

CalAmp: Prepack Chapter 11 Restructures $275M Debt Stack

CalAmp June 2024 Delaware prepack restructured a ~$275M debt stack, confirmed July 2024, and went effective July 2024.

PrepackagedTechnology & telecom

Mar 6

American Tire Distributors: Mega DIP, 363 Sale, and Confirmed Wind-Down Plan

American Tire Distributors Delaware ch. 11 ran a DIP and 363 sale, then confirmed a wind-down plan for remaining claims.

Chapter 15Industrials & manufacturing

Mar 6

ModivCare: Largest NEMT Provider Cuts $1.1 Billion Debt in 117-Day Restructuring

ModivCare emerged from chapter 11 in 117 days after reducing $1.4B debt by 85%; nation's largest NEMT provider recapitalized.

PrepackagedHealthcare & life sciences

Mar 6

Elite Equipment Leasing: Crane Operator Fights DIP Lender Default in Montana Chapter 11

Elite Equipment Leasing filed chapter 11 with $80M+ work backlog; DIP default motion denied Dec 2025.

FreefallReal estate & construction