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Slync files for bankruptcy, ceases operations amid former CEO's legal woes - Vimarsana News

Slync files for bankruptcy, ceases operations amid former CEO's legal woes

While logistics visibility platform provider Slync had hoped that new management and a $24 million cash infusion in February would be enough to save the FreightTech company after its former CEO was indicted on fraud charges, the company filed for bankruptcy Wednesday and plans to wind down operations and sell off its technology. The post Amid legal woes, Slync seeks alternative to bankruptcy, winds down operations appeared first on FreightWaves.

Source: yahoo.com