Arrow Trucking Employees to Get $2 Million in Back Pay

About 572 former employees of bankrupt flatbed carrier Arrow Trucking Co. will receive $2 million in back wages and benefits, the Tulsa World newspaper reported, citing court documents.

Bankruptcy trustee Patrick Malloy proposed to distribute $2 million, which is 58.7% of the $3.4 million in employee priority wage claims filed to date, the paper reported.

The report was filed this week in U.S. Bankruptcy Court for the Northern District of Oklahoma in Tulsa, the paper said.

Tulsa-based Arrow closed its doors last Dec. 22 without issuing any public statements, canceling its fuel cards and stranding drivers of its nearly 1,400 trucks around the country.

The 61-year-old carrier filed a Chapter 7 bankruptcy petition in U.S. Bankruptcy Court in Tulsa on Jan. 8. (Click here for previous story.)