Texas trucking company, affiliates file for bankruptcy

From Yahoo Finance: 2025-03-27 15:54:00

A Henderson, Texas business owner filed Chapter 11 bankruptcy for three companies, including TLC Transportation. The businesses include Townley Pallet Manufacturing and W.D. Townley and Son Lumber Co. TLC Transportation is an interstate carrier hauling pallets with six drivers and eight power units. Top creditors include Regions Bank, U.S. Small Business Administration, and the IRS. Townley Pallet Manufacturing lists Commercial Financial Group/Texas as its creditor. W.D. Townley and Son Lumber Co. has top creditors such as Texas Mutual Insurance Co., Service Electric, and The Berkshire Group LP.



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