Trucking and logistics firm Kal Freight Inc., located in California, filed for Chapter 11 bankruptcy in order to restructure its business using debtor-in-possession financing with the least amount of disturbance to daily operations. The business selected Development Specialists, Inc. and Pachulski Stang Ziehl & Jones to manage the process and promised clients, staff, and vendors that payments would be made on time and that services would remain dependable.
Kal Freight Inc., a California-based trucking and logistics company, filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas. Together with its affiliates, the filing sought to resolve financial issues and restructure operations.
