Kal Freight's bankruptcy reveals massive fraud accusations
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Kal Freight on its last legs: Will drivers be stranded if it closes quickly?
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We are now in the final leg of the 2024 season and bankruptcies remain, unsurprisingly, STILL on the rise, leaving all of us wondering just what might be next amidst the insurgence of company closures. In recent news, a $313 million debt has left Kal Freight forced to file chapter 11 bankruptcy. Today, we dive deeper into the story behind Kal Freight. _______________ 📚 Chapters 00:00 Introduction 00:21 What Happened To Kal Freight 00:52 The Failed Ventures of Kal Freight 01:27 The Covid Effect
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Kal Freight Adds Directors Following Alleged Malfeasance
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Kal Freight’s fraud allegations; Make-A-Wish convoys; Vooma’s $13M Series A | WHAT THE TRUCK?!? On Episode 785 of WHAT THE TRUCK?!?, Dooner is talking about the latest scandal to hit freight. Daimler Truck Financial Services USA LLC, the company’s largest vehicle finance lender, says it has uncovered evidence of massive fraud perpetrated by Kal Freight against its creditors. Now, Daimler alleges that Kal Freight fraudulently obtained approximately $16.9 million to purchase 164 trailers from Vang
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