Auto hauler hires turnaround expert

Auto hauler hires turnaround expert: "PTS, which filed for Chapter 11 bankruptcy protection last year, is the
second largest transporter of new automobiles, sport-utility vehicles and light trucks in North America. It operates three trucking lines: E
and L Transport, Hadley Auto Transport and Leaseway Motorcar Transport, which together deliver approximately 3.8-million new cars and light trucks annually."

What's going on at the top of the food chain? Correction of over-supply? Look for some of these divisions to get spun for cash.