Southern California Drayage Operator Files Chapter 11 Over Lease and Vendor Debts

Key Details National Road Logistics LLC, a Signal Hill-based carrier focused on port and intermodal operations, filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the Central District of California. The company reported assets and liabilities each ranging between $1 million and $10 million, with secured claims totaling roughly $7.5 million tied to equipment financing and legal disputes. Why It Matters The 27-truck operation, which employs about 35 drivers, serves major Southern California ports including Los Angeles and Long Beach. Port-dependent carriers face significant pressure from equipment leases, chassis rentals, and vendor obligations that can quickly become unsustainable during market downturns or operational disruptions. What's Next Court filings indicate National Road Logistics expects to distribute funds to unsecured creditors during the restructuring process. The carrier held approximately $1.6 million in total assets at filing. Company officials declined to comment on the bankruptcy proceedings or restructuring timeline.