From Yahoo Finance: 2025-05-27 08:43:00

Illinois carrier AZA Transportation with 70 power units filed for Chapter 11 bankruptcy protection, listing assets between $100,001 and $500,000 in Cook County. Largest creditors include Keystone Equipment Finance Corp. with claims totaling $82,905 and Transportation Alliance Bank with a $43,415 unsecured claim. Bank of Montreal has a claim of just under $20,000.

The bankruptcy was filed on May 14, listing between one and 49 creditors. AZA has 71 drivers for 70 power units, no crashes in 24 months prior to bankruptcy, a 12% vehicle out-of-service rate (less than national average), and a 9.5% driver out-of-service percentage (above national average).

Overall, the bankruptcy paints a complex financial picture for AZA Transportation, with multiple creditors and a challenging operational history.



Read more at Yahoo Finance: 70-unit Illinois carrier files for bankruptcy protection