Kal Freight’s Chapter 11 Filing Reflects Wider Issues in the Trucking Industry
California-based Kal Freight Inc., a known provider of hauling and logistics services, has voluntarily filed for Chapter 11 bankruptcy protection. The announcement came Thursday, with the company and several affiliated entities submitting their petitions in the U.S. Bankruptcy Court for the Southern District of Texas. It remains unclear why Kal Freight chose to file in Texas rather than California, where it was founded. The company’s leadership stated that this strategic move aims to restructure operations and emerge as a stronger ...