Texas trucking company, affiliates file for bankruptcy

A Henderson, Texas, business owner has filed bankruptcy for three businesses, including a trucking company.

According to court documents obtained by FreightWaves, Billy J. Townley filed Chapter 11 bankruptcy for his three companies on Wednesday: TLC Transportation, Townley Pallet Manufacturing, and W.D. Townley and Son Lumber Co.

All three filed for Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Texas…

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