Three weeks after a 40-year-old Montana-based trucking company and freight brokerage abruptly ceased operations, Meadow Lark Agency and its affiliate, Meadow Lark Transport, filed for bankruptcy liquidation on Monday, Freight Waves reported. The companies, headquartered in Billings, Mont., filed for chapter 7 protection in the U.S. Bankruptcy Court for the District of Montana. In its petition, the Meadow Lark entities list assets of between $10 million and $50 million and liabilities of between $1 million and $10 million. The petition states they have up to 5,000 creditors and that no funds will be available to unsecured creditors once it pays administrative fees. The petition lists assets of nearly $15.4 million in receivables from Meadow Lark Transport.
