Global shipping and logistics company files Chapter 11 bankruptcy
The Great Freight Recession shows no sign of letting up, as trucking company bankruptcy filings in the third quarter ending Sept. 30 surpassed filings in the second quarter. Freight carriers filed 21 bankruptcy petitions in the third quarter of 2025 compared to 20 filed in the second quarter, Equipment Finance News reported. 5 trucking companies file bankruptcy in a week Precision Express, Sept. 23 L.S. Trucking, Sept. 23 GMB Transport, Sept. 23 WBK Transport, Sept. 26, Sky Rock Trucking, Sept. 29. ...
