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Texas hazmat trucking company files Chapter 11

Texas hazmat trucking company files Chapter 11 Gainco had vacuum trucks loaded with hazardous waste en route for disposal when it filed bankruptcy 2 minutes read Small-business truckers, logistics companies owed thousands after Texas hazmat hauler filed for Chapter 11 bankruptcy protection on Friday. Photo: Shutterstock Small-business truckers and logistics companies are owed thousands after a Texas trucking company specializing in oilfield waste disposal and chemical clean-up services filed for Chapter 11 bankruptcy protection last week. Gainco Inc., headquartered in Portland, Texas, filed its petition in the U.S. Bankruptcy Court for the Southern District of Texas on Friday. In its filing, Gainco lists its assets as between $500,000 and $1 million and its liabilities as between $1 million and $10 million. 

NY bill could raise gas prices 55 cents per gallon; plus, shortages possible this summer

NY bill could raise gas prices 55 cents per gallon; plus, shortages possible this summer Updated 8:36 AM; Today 8:36 AM A motorist prepares to pump gas Thursday, April 22, 2021, in Portland, Maine.AP Photo/Robert F. Bukaty Facebook Share Gas prices are the highest in two years, and drivers may soon face more headaches at the pump. A new bill in the New York State Senate could raise gas prices another 55 cents per gallon, according to the Albany Times Union. The Climate and Community Investment Act would also raise home heating costs 26% as part of an effort to meet state green energy goals and combat climate change.

Truck driver shortage could fuel spike in gas prices

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