FW: Forward Air retains investment bankers to sell company, sources say
FREIGHTWAVES reports: Forward Air has retained two prominent investment banking firms to lead a formal sales ...
FREIGHTWAVES reports:
Turk Transportation filed for Chapter 11 bankruptcy on Tuesday in the U.S. Bankruptcy Court for the Western District of Pennsylvania.
The Carnegie, Pennsylvania-based company, owned by Mehmet Uzun, offers interstate general freight services, according to the Federal Motor Carrier Safety Administration’s SAFER website.
According to Turk Transportation’s four-page voluntary petition, the company has up to $1 million in assets and liabilities of between $1 million and $10 million. The petition states the company has up to 49 creditors…
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