TFM Dedicated Logistics Corp.

TFM Dedicated Logistics Corp. entered bankruptcy under the BIA on January 29, 2026, in Ontario, under court file 32-3326321. The Statement of Affairs, sworn as at January 27, 2026, lists total assets of $195,002.00 against total liabilities of $4,913,204.24, a deficiency of $4,718,202.24, with secured creditors and preferred/priority claims both listed at $0.00. The largest unsecured claims are intercompany loans of $3,730,270.64 owed to D&J Manufacturing Company and $793,874.36 in promissory notes held by 1974122 Ontario Limited, an entity tied to director Tony Medeiros, who separately holds an accounts-payable claim of $198,349.35. A large number of trade creditors make up the remainder of the unsecured pool.