The transportation sector continues to feel the impact of ongoing economic challenges. Among the affected businesses is Colorado-based Indian Creek Express LLC, which recently filed for Chapter 11 bankruptcy. Court documents show a significant gap between the company’s assets and liabilities, prompting the decision to seek bankruptcy protection.
Highlights
- Indian Creek Express LLC filed for Chapter 11 bankruptcy protection on July 28.
- The company has assets of $500,000, which are insufficient to continue operations and repay debts.
- The liabilities of the trucking company add up to $1 million to $10 million.
Indian Creek Express LLC Filed for Chapter 11 Bankruptcy
Colorado-based Indian Creek Express LLC is a trucking and freight brokerage company founded in 1998. The company has provided long-haul and regional freight services across the continental U.S. since its founding.
According to a bankruptcy report by PacerMonitor, the company filed for bankruptcy on July 28, 2025. The case was filed in the U.S. Bankruptcy Court for the District of Colorado. The filing outlines the company’s financial position and the proposed path toward restructuring.
Now, through Chapter 11 bankruptcy protection, the company aims to reorganize itself.
Reasons for Filing Bankruptcy
The transportation and logistics industry has been hit by the current economic situation. As can be seen in this case, the once-booming business now has approximately $500,000 in assets. Meanwhile, the current liabilities fall between $1 million and $10 million.
The company cited insufficient cash flow to cover both operating expenses and outstanding debts. The Chapter 11 filing is intended to help the company restructure and regain financial stability. Through this, the company will restructure itself to get a new financial start.
Company Operations to Continue Amidst Court Proceedings
While the court proceedings continue, the operations of the company will continue. The company will continue serving customers during the reorganization process without disruption. Meanwhile, the company will also work to fix the issues with its finances and repay debts.
Chapter 11 protection allows the company to stay operational while it works through its financial challenges. If operations remain stable, the company could return to normal business activity in the near future.
