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Global shipping and logistics company files Chapter 11 bankruptcy
Yahoo Finance· 2025-10-30 01:07
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. ...
The ATA has damaged the economics of trucking, while compromising public safety
Yahoo Finance· 2025-10-24 11:05
The American trucking industry is facing unprecedented challenges, marked by a deepening economic crisis and deteriorating highway safety standards. While supply chain disruptions during the COVID-19 pandemic brought attention to the transportation sector, the narrative surrounding these issues has been largely mischaracterized, particularly regarding the nature and extent of the purported truck driver shortage in America. Background on the alleged truck driver shortage The American Truck Association (ATA ...
Another troubled trucking company closes down, no bankruptcy
Yahoo Finance· 2025-10-13 07:45
行业整体动态 - 过去三年行业面临经济挑战和财务困境 数千家运输公司永久停止运营并倒闭 [1] - 2024年拥有运营资质的汽车承运商数量为339,220家 较2023年减少13,000家 同比下降3.7% [1][9] - 尽管面临挑战 2024年新注册承运商数量增至148,485家 较2023年增长13% 增加超过25,000家 [2] 行业衰退现状 - 业内专家指出 持续三年的大货运衰退尚未结束 此前关于衰退结束的领先指标和承运商乐观情绪已成过去 [3] - 仅2025年第二季度就有至少20家卡车运输和物流公司申请破产 第三季度至9月中旬已有16家公司申请破产 预计将匹配第二季度的结果 [4] 公司运营调整 - 大型卡车运输公司能够抵御风暴 通过关闭不再具有经济价值的设施 同时继续运营盈利网点 [5] - 行业领先公司J B Hunt Transport Inc 将于2025年10月27日关闭其位于佐治亚州Lithonia的Home Depot配送中心设施 并于2025年8月26日向该设施的74名员工发出了60天通知 [6][7] - 小型卡车运输公司Epic Lightning Fast Service LLC计划于2025年10月31日永久关闭所有业务 并解雇全部116名员工 [8][10]