Huge trucking company files for Chapter 11 bankruptcy
The trucking, logistics, and leasing company transports goods in the Midwest, East Coast, and Canada.
The persevering with saga of U.S. trucking and logistics industry financial damage has now not ended, as more transport firms procure filed for economic extinguish protection this yr, looking out out for to restructure their debts.
Self assurance that the trucking industry would improve in 2025 changed into as soon as led by an American Trucking Association annual freight forecast in January that projected truck volumes would grow this yr by 1.6%.
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