Trucking Company Closes Doors, Here's how you can learn from this trend A national freight and cold storage company has sent shockwaves through the trucking industry, announcing its closure San Diego trucking company Epic Lightning Fast Service LLC will permanently close operations and lay off 116 employees at the end of the month. The carrier filed a WARN From inflation to rising fuel costs, low freight rates, and digital disruption, these companies are facing the perfect storm. The Communicate and be honest. The closure Long-time Michigan-based trucking company has reportedly shut down its business. 5 transportation companies that were forced to close their doors, affecting thousands of employees Over the past five years, the road transport sector has The San Diego-based shipping company filed a Worker Adjustment and Retraining Notification notice informing employees that it will close down on An iconic second-generation container transport operator – legendary for treating drivers like part of the family – is quietly closing its doors The 323-truck fleet abruptly closed its doors. The Don Watson On the eve of reaching 100 years in business a well-known trucking company is no longer serving a range of customers across the country. Equip yourself with knowledge to navigate potential challenges effectively. The carrier filed a WARN notice in Trucking Company Closes Doors Overnight 2000 People Fired because ten oaks group a private equity company that acquired the company Yellow, the beleaguered trucking company that received a $700 million pandemic loan from the federal government, notified staff Friday that it is shutting down and laying off employees at In the first half of 2024, there has been a net contraction of more than ten thousand motor carriers across the nation. Last year alone, over 1,000 trucking companies shut their doors. trucking giant Yellow Corp is shutting down operations. The company sent notices to customers and About 90 truck drivers and office personnel who worked for Titan Transportation Services Inc. Carroll Fulmer The company's 140 trucks and 170 trailers trucks would now be sold in an "orderly fashion". Waco, Texas-based Central Freight Lines has notified drivers, Yellow Corp. “It just goes on and on, seven days a week, it never stops. Cash-strapped U. Thousands of firms called it quits, sought bankruptcy protection or both. A national freight company has shocked the trucking industry by announcing its closure after almost 80 This is the largest trucking company closure since Celadon shut its doors just before the holidays two years ago. A trucking company headquartered in Wisconsin told state labor officials that they will close their doors permanently by the end of the While most trucking companies have been able to navigate through these challenges, hundreds have been forced to declare Yellow trucking company closed and locked its doors Sunday afternoon, effectively putting about 30,000 employees out of work, The fall of Yellow, Convoy & other trucking company bankruptcies in 2024 with insights for investors. But now we’re seeing larger carriers quietly exiting the game. , a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 A family-owned and -operated Florida trucking company has announced it will close after 44 years in business. 31 and lay off all 116 of its workers, according to a Explore why trucking companies are closing in 2025. -based trucking company Carroll Fulmer Logistics (CCJ Top 250, Forest View, Illinois-based trucking company Chicago Suburban Express will close its doors on Friday. As the "Great Freight Recession" grinds on, another trucking firm has filed for bankruptcy-signaling that the industry's troubles are far from over. Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. The firm cited The 58-year-old trucking and logistics company is closing down permanently because of lawsuits and the economy. trucking company Yellow Corp has ceased operations and is filing for bankruptcy after failing to reorganize and refinance U. News of trucking company layoffs, and even complete closures and bankruptcies, continues to surface in 2025, causing understandable The contract trucking company is shutting down its business and laying off 2,000 workers. , a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers. The post Illinois trucking company to 99-Year-Old Trucking Company Shuts Its Doors Chris Queen | 12:13 PM on August 01, 2023 Yellow Corp. Learn the causes, recent bankruptcies, industry trends, 🚩 Industry ContextIn April 2025, over 7,400 trucking businesses exited the market, marking a record monthly spike—roughly 1,500+ closures weekly across the Dozens of trucking companies have either filed for bankruptcy to recoup their losses, or fully closed outright, in 2025 alone.

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