Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.0103039670273055 -0.0103039670273055 -0.0103039670273055 0.0025862957238537
Stock impact report

Texas-based U.S. Logistics Solutions files for bankruptcy liquidation [Yahoo! Finance]

Forward Air Corporation (FWRD) 
Last forward air corporation earnings: 4/30 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: forwardair.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
company to shutter operations Thursday and left a disputed number of truck drivers, dock and warehouse workers, and sales and office personnel without jobs. In a statement to FreightWaves Tuesday, a spokesperson for Ten Oaks Group , the private equity firm that owned the company, said its “third-party party lender refused to move forward with financial support for US Logistics Solutions, leaving no choice but a Chapter 7 bankruptcy plan.” As of publication Tuesday, the company spokesperson said that all USLS employees had received their final paychecks, but no date was given for when they were paid. It's unclear whether the owner-operators and independent contractors who worked for USLS were paid. USLS of Humble, Texas, filed its Chapter 7 petition Friday in the U.S. Bankruptcy Court for the Southern District of Texas. In its bare-bones petition, USLS lists its assets as up to $100 million and liabilities as between $100 million and $500 million. The shuttered company states t Show less Read more
Impact Snapshot
Event Time:
FWRD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FWRD alerts
Opt-in for
FWRD alerts

from News Quantified
Opt-in for
FWRD alerts

from News Quantified