Plus: states clash over CDL crackdowns, a Chicago carrier drops 40 drivers over English rules, Denver execs face forklift tariff fraud charges, and more in today’s newsletter.
Oregon halts all non-domiciled CDL issuances under FMCSA rule as Oklahoma ramps up ICE enforcement, removing 130 truck drivers in a three-day crackdown.
Denver firms Endless Sales and Octane Forklifts indicted in $1 million tariff evasion scheme, accused of selling Chinese forklifts as U.S.-made to government agencies.
Bankruptcies in trucking are accelerating as tariffs, heavy debt, and post-pandemic overinvestment plague the industry. Some are warning recovery may be delayed until mid-2026.
Bankruptcy filings and closures are mounting in trucking as tight lending and “zombie carriers” keep rates low, delaying the market correction and prolonging a multi-year freight recession.
California’s TGS Transportation has permanently closed after 40 years in business, citing challenging freight market conditions that have recently forced other family‑run carriers to shut down.
Chicago Suburban Express and MacMillan-Piper are shutting down
Del Monte’s bankruptcy exposes logistics firms like Uber Freight to major losses
Three freight companies filed for Chapter 11 bankruptcy this week, triggering millions in claims from creditors.
Trucking firm Elite Carriers and brokerage affiliate ECI Inc. have filed for Chapter 11 bankruptcy, joining three other entities owned by Kirk Ecklund in seeking protection.
Apollo warns of mass trucking, retail layoffs; 1,800+ freight job cuts already hit the Southeast.
U.S. trucking firms, including Balkan Express, file Chapter 11 amid market strain; FreightWaves tracks 2025 closures.
Canadian trucking giant Pride Group's closure could affect freight rates and driver market: $637M in debt, rejected rescue plan, and potential industry impact.
Fastline Cargo, cited for safety violations, files Chapter 11. Company seeks to reorganize, pay employees, and secure post-petition financing.
Texas-based U.S. Logistics Solutions, owned by Ten Oaks Group, abruptly ceased operations, leaving employees jobless and freight abandoned across the country.
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