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Business & Economics

Detroit carrier joins distributor in large-scale bankruptcy

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Summary
Nutrition label

74% Informative

SFD Transportation filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas on Monday .

SFD estimated it has between 5,001 and 10,000 creditors, with liabilities totaling between $500 million and $1 billion .

The Detroit -based grocery-hauling company carries general freight, fresh produce, meat, refrigerated food and paper products.

VR Score

59

Informative language

48

Neutral language

89

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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