Wisconsin Trucking Operation Sparhawk Files Chapter 11 Bankruptcy
Key Details Sparhawk Trucking, a family-owned Wisconsin Rapids carrier operating since 1979, has filed for chapter 11 bankruptcy protection. The company operates approximately 178 power units and filed four separate cases covering Sparhawk Trucking, Sparhawk Truck and Trailer, Sparhawk LLC, and Sparhawk Properties in federal bankruptcy court for western Wisconsin. Financial Snapshot Sparhawk Trucking reports assets under $50,000 but faces liabilities between $10 million and $50 million. The company claims over 200 tractors and 1,000 trailers offering dry van and refrigerated transport services, according to its website. Creditor Breakdown Paccar Parts Fleet Service is the largest creditor at $147,805.10, followed by Cintas at $50,618.58. The carrier estimates between 50 and 99 total creditors. Related entities like Sparhawk Properties and Sparhawk Truck and Trailer each report between 1-49 creditors with $10 million to $50 million in estimated liabilities. Why It Matters This filing joins a growing list of carrier bankruptcies affecting the trucking industry. Drivers should monitor industry consolidation trends and potential impacts on existing freight contracts and employment opportunities in the regional market.