A trucking company. Look at YRC. This is definitely a screwed portfolio company. Trucking is being wiped out from long haul to cross town haul to/from the trains.
Article on Yhoo today talks about how ACAS using aspects of layoff law to get rid of workers w/o notices.
Point is that ACAS has a lot of portfolio companies that perhaps mgmt thought would do OK in a recession but are being crushed and cannot pay ACAS which has destroyed ACAS noi and more importantly investor confidence.