Rad Transportation of Blytheville Files for Bankruptcy

A Blytheville trucking company recently filed for bankruptcy and listed $881,000 in debt.

Rad Transportation LLC’s assets?

$37,000, according to its Chapter 7 filing, which was in U.S. Bankruptcy Court for the Eastern District of Arkansas.

The largest creditors include Engs Finance of Lisle, Illinois, which has a claim of $267,000, and BMO Harris Bank of Cedar Rapids, Iowa. It is owed $250,000, according to the Oct. 5 filing.

Owned by Charles Bright of Blytheville, Rad had a rough previous two years. It reported a loss of $11,600 in 2016 and a loss of $278,200 in 2015.

Rad’s attorney is G. Mike DeLoache of Jonesboro.