Financial Ports

US trucking bankruptcies surge: 16 carriers collapse in a month

CLAVE 1 / 416 trucking companies filed for bankruptcy protection between September 18 and October 21 across the US.

CLAVE 2 / 4Midwest Expedited Co. lists $2.31 million in liabilities but only $108,351 in assets.

CLAVE 3 / 4Site2Site Transport’s revenue plunged 24% from 2024 to 2025 before halting operations in 2026.

CLAVE 4 / 4Bankruptcies span freight segments from petroleum transport to logging, affecting fleets of all sizes.

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