Bankruptcy News Updates

BusinessEquipmentLogisticsFor-HireTop 100

Yellow Bankruptcy Estate Moves 3 More Terminals

Three more less-than-truckload service terminals once operated by Yellow are close to finding new owners, including two in Canada, according to a court filing.

August 27, 2025
GovernmentBusinessLogistics

Bankrupt Del Monte Tweaks Auction Rules to Attract Bids

Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.

August 12, 2025
BusinessTechnologyEquipmentFuel

Hyroad Energy to Buy Nikola’s Hydrogen Fuel Cell Trucks, IP

Hyroad Energy will buy much of bankrupt truck manufacturer Nikola’s remaining physical assets and all its intellectual property for $3.85 million.

August 8, 2025
BusinessTechnologyEquipmentFuelLogisticsFor-Hire

Nikola Bankruptcy Leaves Truck Buyers Scrambling

Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.

July 3, 2025
GovernmentBusinessLogistics

Del Monte Foods Files for Bankruptcy

Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.

July 2, 2025
BusinessEquipmentLogisticsFor-Hire

8 Additional Ex-Yellow Terminals Find New Owners

The sale of the properties follows the disposal of seven facilities via private sale in May as the administrators attempt to unload as many terminals as possible.

June 18, 2025
BusinessTechnologyEquipmentFuel

Nikola Administrators Plan Final Asset Sale — the IP

Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of the company's intellectual property.

June 17, 2025
GovernmentBusinessEquipment

Marelli Wins Approval for $518.9M Bankruptcy Loan

The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be approved in two stages, which is typical in large corporate bankruptcy cases.

June 12, 2025
GovernmentBusinessEquipment

Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy

Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.

June 11, 2025
GovernmentBusinessTechnology

Northvolt Cuts Workforce to 1,700 as Part of Bankruptcy

Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off.

March 31, 2025