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Calif. Trucking Company Files Ch. 11 With $325M Of Debt

By Vince Sullivan ( December 6, 2024, 11:12 AM EST) -- California-based trucking company KAL Freight Inc. filed for Chapter 11 protection in a Texas bankruptcy court, saying it has $325 million of debt obligations it can't meet after a post-COVID expansion effort foundered with slackening customer demand....

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