Texas trucking company, brokerage file for Chapter 11 bankruptcy

Originally published at: Texas trucking company, brokerage file for Chapter 11 bankruptcy - FreightWaves

Balkan Express and its affiliate brokerage filed for Chapter 11 protection citing debts of $25 million.

They need ro close. Unsafe drivers and beat up trucks.

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One company exits, twenty enter. Over-capacity is crippling the industry.

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i agree friend :+1:

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its the small family owned businesses are the ones getting shut down

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Yes, that and unlicensed, illegal drivers that pull $1.50 freight. They literally live in the truck. I talked to a driver a few months ago. He is from syria. He laughed at a conversation i was having with another driver. He said" you American drivers take ten hour breaks every day " We drive for 20 hours, then switch with another driver." “They take lots of speed from syria”, He said.

The problem is there will always be a trucker who says YES. Getting the trucks to band together and refuse cheap freight is impossible because someone is always struggling to pay for their COVID-era truck $$$, insurance, fuel, etc.

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I left the company a couple years ago I was there for 10 years I knew it was just a matter of time before something like this happened.
A couple months ago I thought about going back and I walked into the office and there wasn’t nobody there, owner of the company Zee and one or two dispatchers but that was it, I walked in and walked out.
Who’s laughing now Zee

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People losing their livelihood is never funny, Cindy. Why laugh at the demise of another great American trucking company?

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Cindy, Zee here. You know dang well when you walked into the office you were begging on hands and knees for me to take you back and I said no. That’s the reason you walked out.

Zee, dude that’s a lie and you know it. You took our vacations away but yet you took all the Bosnian dispatchers from Bosnia to Mexico I mean what’s up with that dude,
Bottom line you ran your own company into the ground

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Vicky you’re absolutely right about that, but Zee knows exactly why I made that comment have a great day.

And Vicky it was not a great American company, it was a Bosnian company ran by bosnians and a few serbians that treated Americans like s***. Again Vicky have a great day

Maybe the reason you don’t know of it was 1 or 2 is because that whiskey on your breath gave you double vision

Cindy, please have a great day.

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I was a driver there at the time and this is very correct! Drivers that still work there are posting that owner keeps lying to them about being payed every day since they were approved for chapter 11! Drivers are fed up and about to take it to the lead investigating fed agency in this country! I don’t think Zee would do very well if the investigate! Zee pay your drivers that.have stuck around with you even though you blindsided them with bankruptcy! They all drive expensive cars including the head mechanic (BMW M4 Green) also I hear the director of accounting (Daniel) is posting instagram picks out at nice lunches with the caption “who says there is no money?!” Do the right thing Zee

Constintino, Daniel here. That is not true… The head mechanic owns a BMW M4 Competition, not just a base M4. And yes, I earned great money as head of accounting, so I deserve a yummy lunch every once in a while. We are doing fine.

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We shall see how the screen shot of this holds up in court. That doesn’t work in this country and is VERY ILLEGAL !

Owning performance cars is very legal. Look up the Marmon Wasp!

Daniel your title is head of accounting for Balkan Express LLC and they just filed bankruptcy so it would be a good idea for you to be quiet and now jobless as you can’t run an accounting dept. Hope that lunch was good