American Trucklines placed into receivership

0994391 B.C. Ltd. (“099”), ATL Transport Ltd. (“ATL”), and 1342499 B.C. Ltd. (“134”) (collectively the “Companies”) were placed into receivership on October 6 on application by RBC owed approximately $3.3 million. 099 and ATL operated under the banner “American Trucklines” providing transportation, logistics, supply chain and storage solutions within the long-haul trucking industry. The Companies failed to make payments to RBC or provide any information pursuant to their credit agreements with RBC, resulting in the immediate need for a receivership order to preserve and protect the Companies’ assets. Grant Thornton is the receiver. Counsel is Dentons for RBC and Lawson Lundell for the receiver.