Skip to main content

Research

New
History
Case updates

Search
Cases
People & firms
Datasets

What's new
Coverage
Pricing
Docs

Sign in Create account

Transportation & logistics coverage - ElevenFlo

Transportation & logistics coverage

32 articles

Week of March 30, 2026

Swiftships Files Chapter 11 After Navy Terminates $152.5M LCU 1700 Contract

84-year-old Louisiana shipbuilder Swiftships filed chapter 11 on March 18, 2026 (W.D. La., Case No. 26-50237) after the Navy terminated its LCU 1700 contract in February 2024. The freefall filing followed a December 2025 receivership. Assets and liabilities each $10M–$50M.

Week of March 16, 2026

Kal Freight: Liquidation Plan, Asset Sales, and Remaining Real Estate

Kal Freight's bankruptcy moved from an operating-restructuring narrative to a lender-controlled liquidation, including Triumph-backed financing, asset sales, a liquidating trust, and a 2026 sale process for remaining real estate.

FLOAT Alaska's New Pacific Sale Stalls After $3.1M Funding Miss

FLOAT Alaska's confirmed plan stalled after Owners Jet missed a $3.1M funding deadline; the case pairs a New Pacific sale with a liquidating trust.

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.

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.

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.

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.

Week of March 9, 2026

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.

Week of March 2, 2026

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.

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.

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.

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.

1 2 3