Do you also work for any transportation companies? To be honest, I was also shocked by this news and immediately told my colleagues about it. I learned about it from the article: https://blog.gettransport.com/news/bankruptcy-filing-nortia-logistics-chapter-11/ and as it turned out, the reason was the company's debt. They overdue the debt to the railroad and this led to a lawsuit. Their debts were almost 6 million dollars, so they really had no other choice but to declare bankruptcy. It's really a shame that it turned out this way, but it's strange that they launched it like this and didn't start optimizing their costs earlier.
Do you also work for any transportation companies? To be honest, I was also shocked by this news and immediately told my colleagues about it. I learned about it from the article: https://blog.gettransport.com/news/bankruptcy-filing-nortia-logistics-chapter-11/ and as it turned out, the reason was the company's debt. They overdue the debt to the railroad and this led to a lawsuit. Their debts were almost 6 million dollars, so they really had no other choice but to declare bankruptcy. It's really a shame that it turned out this way, but it's strange that they launched it like this and didn't start optimizing their costs earlier.