The Great Freight Recession has led to dozens of trucking, logistics, and shipping companies filing for bankruptcy protection. Declining revenues and rising costs were major factors in these ...

The Great Freight Recession has forced trucking firms to shut down operations. Major companies J.B. Hunt and 10 Roads Express closed facilities. A Midwest-based shipping company also suspended ...

Trucking companies can’t seem to escape the duress of the freight recession. Carroll Fulmer Logistics Corporation, a family-run trucking firm from Groveland, Fla. with more than 400 trucks and 1,700 ...

The trucking industry has faced economic distress with declining revenues and profits since 2022, which companies have blamed on reduced shipping demand, lower freight rates, and rising costs of labor ...

The trucking industry has been hit with multiple shutdowns. Shutterstock Trucking in the United States faces a crisis. Rates have been squeezed, and costs have continued to climb, according to data ...