UPDATED: Falcon Xpress exits receivership

Falcon Xpress has secured new financing and emerged from receivership. The company was placed into receivership in May, owing RBC more than $15 million. The company…

Falcon Xpress placed into receivership

Falcon Xpress Transportation Group has been placed in receivership, owing RBC more than $15 million. The companies entered into a forbearance agreement in January, however RBC says the debtors breached…