Surviving carrier bankruptcy

There are plenty of trucking companies going bankrupt in the trucking world. We know that. But what if a change in the bankruptcy law last year could keep a lot of them alive?   On this week's Drilling Deep podcast, host John Kingston brings in attorney Matt Ferris from the firm of Haynes & Boone to talk about a changed provision in federal bankruptcy law that could keep a lot of smaller companies alive when liquidation might have been the only course of action. Larger companies utilize chapter 11 to reorganize and continue on; as Ferris notes, it's been tougher for smaller companies to do that. But those changes in the law  will open the door a little wider to staying alive rather than disappearing entirely.   John will also talk about just how much diesel is in inventory in this country. It's close to unprecedented. More FreightWaves podcasts Apple Podcasts Spotify Learn more about your ad choices. Visit megaphone.fm/adchoices