Baltimore International Warehousing & Transportation, Inc. has filed for Chapter 11 Subchapter V bankruptcy protection. With this, the freight solutions company from Baltimore joins a pool of other national and regional logistics providers that have filed for bankruptcy in recent times.
Baltimore International Warehousing & Transportation Enters Bankruptcy
The freight service provider made a voluntary filing in the U.S. Bankruptcy Court for the District of Maryland. Court records show the company filed under Chapter 11 Subchapter V, qualifying as a small business debtor under federal bankruptcy law.
The aggregate noncontingent liquidated debts of the ‘small business debtor,’ as shown in the filing, are less than $3,424,000. The filing adds that this amount excludes debts owed to insiders or affiliates and will be changed on April 1, 2028, and every three years after that.
Sue Monaghan, the company’s president, signed the petition, which was filed on January 22, according to PACER. Attorney Joseph Michael Selba of Tydings & Rosenberg LLP is legally representing the freight service company in court.…