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Bankruptcy of Nortia Logistics

Marsi  schreef op: 01-12-2025 21:00:01
Have you seen the news that Nortia Logistics in Illinois went bankrupt? To be honest, such news scares me and makes me wonder if the circumstances are really favorable for transportation now. Perhaps you know what exactly happened that they declared bankruptcy?
 
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RE: Bankruptcy of Nortia Logistics
Josh92  schreef op: 01-12-2025 21:26:39
Are you the owner of a transportation company? Are you also not doing very well right now? As far as I know, they delayed payments to the railway for freight transportation and it went to court. Therefore, Nortia Logistics filed for Chapter 11 protection, in other words, declared bankruptcy. I even found an article about it on the GetTransport website and it was indicated that they had debts of almost $6 million, and they had only $1.4 million in assets.
 
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