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7 Trucking companies file bankruptcy on the same day as hundreds of truck drivers lose their pensions, 401k's, and life savings
Image Credit: Quickway Carriers ...
The trucking, logistics, and shipping sector has battled the Great Freight Recession for about three years with no end in sight. Most companies have blamed reduced shipping demand, lower freight rates ...
The warehouse distribution, shipping, and logistics company files for Chapter 11 bankruptcy.
The Great Freight Recession, which began in 2022 and continues into 2026, has impacted trucking and logistics companies with reduced shipping demand, lower freight rates, and rising costs of labor, ...
Revolutionary freight tracking system enables real-time visibility and reliable international deliveries. Our new ...
A new tool from AI company Algorhythm Holdings has made trucking companies the latest victim of the market's AI jitters.
Historic trucking company shuts down operations for unknown reasons. The trucking industry has been entrenched in a Great Freight Recession since about March 2022, which created economic hardship for ...
A new platform has emerged, created for freight brokers but keeping carriers top of mind. Param and Annalise Sandhu, owners of former California-based trucking company White Falcon, recently brought ...
Long-time Michigan-based trucking company has reportedly shut down its business. Financial distress in the trucking and logistics sector over the last three years has forced thousands of shipping ...
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