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Trucking Firms Chase Millions After R&R Collapse
12 Sep
Summary
- Huntington National Bank is suing 24 R&R-related companies.
- The bank seeks over $12 million in unpaid debt.
- R&R's operations began shutting down in January.
A federal lawsuit filed by Huntington National Bank reveals the extensive financial fallout from the collapse of R&R Family of Companies. The bank is suing 24 R&R-related entities, alleging they collectively owe more than $12 million under a shared lending arrangement.
These companies, involved in freight forwarding, trucking, and logistics, pledged their assets as collateral for operating loans. As of June 8, 2026, the outstanding balance on these loans exceeded $12 million, excluding additional fees and interest.
The R&R operations started shutting down in January 2026, leaving employees jobless and carriers and other creditors attempting to recover owed funds. Huntington National Bank is seeking a money judgment for the full outstanding balance, plus legal fees and costs.
