Bankruptcy

A Wisconsin-based carrier files for chapter 11 protection.

Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection.

Paladin Capital’s Chapter 11 filing ties together recent truck carrier shutdowns at Robert Bearden Inc. and Quickway Transportation.

Lenders urged R&R Family of Companies to wind down operations in December as carriers went unpaid, according to a new lawsuit.

In the fast-paced world of e-commerce logistics, mergers are often hailed as game-changers, promising synergies, expanded networks, and economies of scale. But for FAST Group—the entity born from the August 2025 merger of Australian parcel delivery firm Sendle, U.S.-based FirstMile, and ACI Logistix—the honeymoon was short-lived. Just months after the deal closed, Sydney-based Federation Asset […]

Over the weekend, two Minnesota-based carriers under the True North Equity Partners umbrella ceased operations overnight, putting approximately 200 drivers out of work. MinStar Transport and Transport Design Inc., each operating fleets of around 100 trucks, announced their immediate closures in communications to employees and partners, according to multiple reports circulating in trucking communities on […]

The closure of James R. Smith Trucking, Inc., a family-owned operation based in Cullman, Alabama, that marked its 70th year in 2025, underscores the dire state of the freight market. Detailed in a Cullman Daily article, the shutdown of this 1955-founded carrier signals another casualty in a wave of trucking bankruptcies sweeping the industry. A […]

If the current freight climate continues, a number of freight brokerages—many of them large—will likely fail over the next year. The current market presents a toxic combination of sluggish freight volumes and firming spot rates, which is the worst possible environment for freight brokers. Understanding the Market Dynamics Freight brokerages act as intermediaries between shippers […]

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 […]

CLB Trucking filed for bankruptcy in the U.S. Bankruptcy Court for the Western District of Pennsylvania.

Carroll Fulmer Logistics, a Florida-based trucking company that has operated for more than 70 years, is shutting down. The carrier had 400 trucks and 1,700 trailers. Some 600 employees will be laid off as operations cease. The company plans to offer them 60 days’ severance pay as it winds down. According to the Clermont Sun, […]

A Merrill, Wisconsin trucking company and its affiliate brokerage business have filed for Chapter 11 bankruptcy.

Kal Freight is likely to be going out of business, but just how that will happen is a subject of dispute in bankruptcy court.

Franco Hauling LLC, a service-disabled veteran-owned construction hauling company based in Bensenville, Illinois, has filed for Chapter 11 bankruptcy protection in the Northern District of Illinois.

A Georgia-based carrier has filed for bankruptcy protection, citing a weak freight market.

RBX Inc. and its affiliate, Humper Equipment, of Strafford, Missouri, filed suit against Paccar Financial Inc. of Bellevue, Washington. They are asking a Missouri bankruptcy judge to force Paccar to turn over 28 Kenworth and Peterbilt tractors it repossessed in late November amid an ongoing engine performance dispute with the global commercial truck financing company and its subsidiary, Paccar Engine Co.

In a stunning turn of events, California-based trucking company Kal Freight Inc. has filed for Chapter 11 bankruptcy protection, unveiling a web of fraudulent activities that have sent shockwaves through the industry. The company faces serious allegations of financial misconduct and asset mismanagement.

Kal Freight, a Texas-based trucking company that filed for Chapter 11 bankruptcy last week, does not plan to lay off any drivers.

In today’s volatile economy, it is vital to choose a factoring partner that can offer the financial support and expertise needed to navigate the complexities of Chapter 11 bankruptcy.

With so many players in the trucking industry having to close, one company was able to recover from the brink of bankruptcy.