Trucking Company Files Chapter 7 Bankruptcy Amid Loan Default

NTL Truck Line Inc., a California-based trucking company, filed for Chapter 7 bankruptcy after defaulting on a loan with BMO Bank N.A. The industry downturn known as the Great Freight Recession has led to declining freight volumes and business closures across the sector.

By Kirk O’Neil Sat, May 23, 2026 at 6:48 AM GMT+3 3 min read · Yahoo Finance · May 23, 2026, 03:48 UTC

Trucking Company Files Chapter 7 Bankruptcy Amid Loan Default

Topics: bankruptcy debt default trucking

Read the full article at Yahoo Finance

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