California trucking company Kal Freight files for Chapter 11 restructuring
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California trucking company Kal Freight files for Chapter 11 restructuring

Posted on by Amelia Pressman

Kal Freight Inc., a leading provider of transportation and logistics solutions to the trucking industry, announced Thursday that the company and certain affiliates have filed for voluntary Chapter 11 bankruptcy protection in the Southern District of Texas.

It is unclear why the company is filing in Texas rather than California, where the company was incorporated.

This strategic move aims to restructure the company so that it can become a stronger entity, the company said. Kal Freight emphasized its commitment to “business as usual” during the process in a press release accompanying the filing.

Key points:

  • Kal Freight wants to use Chapter 11 to implement operational changes and solidify its financial footing for the future.
  • The Company intends to maintain full employee wages and payments to vendors and suppliers for goods and services received after the filing date.
  • Bradley D. Sharp of Development Specialists Inc. will serve as chief restructuring officer.
  • Kal Freight values ​​uninterrupted service for customers and trading partners, as well as ongoing employee safety and fleet operations.
  • Court documents and updates are available online at https://cases.stretto.com/KalFreight or by telephone at 855-933-3437 (toll free) or 714-788-8331 (international).

Pachulski Stang Ziehl & Jones is representing Kal Freight as legal counsel.

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