Explore the detailed narrative of the Convoy Trucking Collapse, its impact on the freight industry, and the unforeseen consequences for truckers and startups alike.
Discover the reasons behind the Knight-Swift insurance closure, including the strategic decision-making process after a $71.7 million operating loss, and what lies ahead for the company.
Uncover the full story behind the Convoy closure, a digital freight network once valued at $3.8 billion, now facing financial challenges and impacting carriers in the freight market recession.
Explore the full story behind the Hastings Creamery closure, its effect on the dairy economy, and the community’s efforts to overcome this significant setback.
Tiger Cool Express Shutdown: Dive deep into the unexpected events leading to the intermodal firm’s closure. Explore their expansion deal, partnerships, financial struggles, and the industry’s response.
Explore the intricate details of the Yellow Corp bankruptcy, a major event that has disrupted the American freight industry and impacted 30,000 workers. Understand the role of union conflicts, debt accumulation, and shifting economic trends in this historic downfall.
Discover how Yellow Corp terminal closures in Ohio help the company address the demand decline in the LTL market, transforming its network for efficiency and new opportunities.
North Carolina-based truckload carrier FreightWorks ceases operations due to sudden business loss, resulting in 200 job losses and efforts to help employees transition to new jobs.
GXO laying off 123 workers at a facility in Kenosha, WI Kenosha facility will cease operations starting Feb. 13 Client decided to manage its own operations in Kenosha Most of the employees will be...
Closures rising for small truckers. One of the hallmarks of the pandemic as it relates to trucking has been the unprecedented growth in the number of new, mostly small, for-hire trucking companies. Since July 2020…
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