Troubled trucking company files for Chapter 11 bankruptcy
The struggling trucking company files for Chapter 11 bankruptcy facing financial difficulties.
Trucking industry experts believe the Great Freight Recession, which began in 2022 and continued through 2024, will begin to subside in 2025.
After two years of declines, truck volumes are expected to grow by 1.6% in 2025, the American Trucking Associations projected in a January 2025 joint report with S&P Global Market Intelligence.
