One of the nation’s largest car haulers files for bankruptcy

613662

{"text":"\"One of the largest car haulers in the North American trucking industry has filed for bankruptcy, but company officials say that most employees jobs are safe.\n\nOn Tuesday, August 6, Kansas City, Missouri-based auto hauler Jack Cooper Ventures filed for Chapter 11 bankruptcy. The company pointed to pension liabilities and automotive industry challenges as reasons for the bankruptcy, according to the Atlanta Journal Constitution.\n\nJack Cooper employs more than 2000 workers, most of whom will keep their jobs without a pay cut or loss of benefits, according to company leadership. Most of the company’s employees are union members.\n\nThe Chapter 11 bankruptcy is designed to allow Jack Cooper to continue to operate as normal while the company restructures.\n\nRead more: https://cdllife.com/2019/one-of-the-nations-largest-car-haulers-files-for-bankruptcy/\"","videos":"[]","link":"{}","pics":"[]","canComment":true}

650004

{"replyTo":"","text":"Teamsters broke them...","replyToPid":0}

766835

{"replyTo":"","text":"Why are you posting links to CDL Life","replyToPid":0}

702482

{"replyTo":"","text":"Teamsters plus the Drivers. \nwhy post to CDL LIFE.  Let's see. Mabey because they drive trucks. just because you can't haul cars.","replyToPid":0}