Another distressed trucking company files Chapter 11 bankruptcy
The Pennsylvania-based trucking company files for Chapter 11 bankruptcy facing financial difficulties.
Trucking enterprise consultants think the Great Freight Recession, which started in 2022 and endured through 2024, will launch to subside in 2025.
After two years of declines, truck volumes are expected to develop by 1.6% in 2025, the American Trucking Associations projected in a January 2025 joint file with S&P Global Market Intelligence.
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