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Nationwide Cargo, an Illinois trucking firm with 171 drivers, has filed for Chapter 11 bankruptcy.
Nationwide Cargo of East Dundee, Illinois, a trucking company known for hauling general freight, fresh produce, and meat, has declared Chapter 11 bankruptcy. Here's a closer look at the company's journey to this point:
The bankruptcy filing raises questions about the future of Nationwide Cargo, as it indicated "restructuring." Furthermore, the involvement in three pending lawsuits in Tennessee, Illinois, and Arizona complicates the situation.
Source: FreightWaves
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