Family-owned Sparhawk Trucking, a Wisconsin-based company that the federal government says has 178 power units, has filed for protection under chapter 11 of the federal bankruptcy code.

The company, based in Wisconsin Rapids, has been in business since 1979, according to its website.

There were four separate filings in the federal bankruptcy court for the western district of Wisconsin covering that many companies operating under the Sparhawk name: Sparhawk Trucking, Sparhawk Truck and Trailer, Sparhawk LLC and Sparhawk Properties.

Sparhawk Trucking is the operating company that puts vehicles on the road. That is the company identified at its website. It is also the company that the Federal Motor Carrier Safety Administration reported as having 178 power units.

Sparhawk’s website says it has more than 200 tractors, more than its SAFER file, and more than 1,000 trailers. Its listed services include both dry van and refrigerated transport.

Sparkhawk Trucking says the company’s assets are less than $50,000, but it has estimated liabilities of between $10 million and $50 million.

In the filing listing the largest creditors, Paccar Parts Fleet Service was by far the largest creditor at Sparhawk Trucking, with debts of $147,805.10. Cintas, a company that provides various business equipment such as uniforms, was listed as the second largest creditor at $50,618.58.

Its estimated number of creditors is between 50 and 99.

The list of largest creditors for Sparhawk Trucking is the identical list of creditors for Sparhawk Truck and Trailer.

The other three Sparhawk-related companies that filed for chapter 11 protection and their key numbers in the filings are as follows:

Sparhawk Truck and Trailer and Sparhawk Properties: both between 1-49 creditors, assets of $1 million to $10 million, estimated liabilities of $10 million to $50 million. (The actual categories in chapter 11 filings for liabilities and assets are $1 more than the cutoff point. So the category is actually $1,000,0001 in assets or liabilities). Sparhawk’s Properties creditors with listed secured or partially secured liabilities were two: Nekoosa Port Edwards State Bank of Nekoosa, Wisconsin for about $325,600, and WoodTrust Bank of Wisconsin Rapids for about $438,758.

Sparhawk LLC: 1-49 creditors, $1 million to $10 million in both assets and liabilities. Sparhawk LLC listed just one creditor with the size of the claim disclosed: a secured or partially secured claim to the North Central Utility of Wisconsin for $923,098.

An email sent to Sparhawk via its online portal and a separate email sent to its bankruptcy attorney listed in the filing had not been responded to by publication time.

More articles by John Kingston

Derek Barrs defends FMCSA’s bold moves at TCA

6th Circuit rejects NLRB’s Cemex rule, dealing blow to unionization efforts

New Jersey delivery firm will reclassify independent drivers as employees

The post Wisconsin-based carrier files for chapter 11 protection appeared first on FreightWaves.