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29 truck carrier files Chapter 11
Yahoo Finance·2025-10-30 10:37

VIB Trans, Inc., an Illinois-based trucking carrier operating a fleet of 29 trucks, has filed for Chapter 11 bankruptcy protection amid the Great Freight Recession, the longest downturn in trucking history. Headquartered in Wood Dale, a suburb of Chicago, VIB Trans employed 34 drivers to support its operations. According to federal safety records, the company started in 2018. Chapter 11 bankruptcy lets businesses like VIB Trans keep running while they work out a plan to pay back debts, hopefully avoiding ...