UPDATE 1-Truck transporter JHT files Chapter 11 bankruptcy

Newswire

BANGALORE, June 25 (Reuters) - JHT Holdings Inc, a major transporter of medium- and heavy-duty trucks to retailers from their original manufacturers, filed for Chapter 11 bankruptcy protection, citing a big drop in demand for diesel trucks as economic growth slowed. The 75-year-old Kenosha, Wisconsin-based company and 16 affiliates sought protection from creditors on Tuesday with the U.S. bankruptcy court in Delaware, court papers show. Among closely held JHT's equity investors are MTGLQ ...

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