Iconic trucking company closes down operations; no bankruptcy yet

Long-time Michigan-based trucking company has reportedly shut down its business.

Mar 18, 2025 - 18:30
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Iconic trucking company closes down operations; no bankruptcy yet

Financial injure within the trucking and logistics sector over the last three years has compelled hundreds of shipping companies to cease operations within the Great Freight Recession.

About 88,000 trucking companies and eight,000 freight brokerage companies went out of industry in 2023, recordsdata from Freight Caviar revealed.

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