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Thousands of truck transport companies have closed over the past two years the operations of a variety of economic reasons.
Caviar shipping data revealed about 88,000 truck transport companies and 8,000 mediation companies for shipping in 2023, and the truck transport sector was reduced by about 10,000 pregnant women in 2024.
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Last year, an important truck transport company with 75 drivers and 70 energy units, and the transfer of Move Move of Illinois transported to liquidate in Chapter 7 in October 2024 and got out of the work, where it faced two violations of the contract issues.
Related: Huge brand files for spare parts to filter bankruptcy
All litigation is subject to automatic residence during bankruptcy.
American truck transport societies are confident that this industry will improve in 2025 as it was expected in the annual shipping forecast that was released in January that truck sizes will grow 1.6 % this year after two years of declines.
Although predicted that this industry will recover, many companies have already stopped in 2025.
Car transport stops from operations
On February 10, 2025, Hauleing Companying Cooper alerted employees in an email that the company closed its operations after the main car manufacturers of Ford and Gres Motors stopped doing business with truck transport company.
Ford Motor Co. More bad news came at a time when General Motors issued on February 6 to its workers to stop downloading new cars on Jack Cooper trucks.
The truck transport company can no longer continue to work after losing business from the huge car companies.
About a month later, Equity Transport Co. Inc. It is based in Michigan, which includes 100 drivers and 109 energy units, by handing over all of their drivers and stopped their operations, according to several sources with knowledge of the situation.
The company’s employees had questions about their final salaries in March, where some of the company’s drivers were waiting for their salaries, and others received checks that were returned for insufficient money, according to Facebook posts.
The company did not indicate whether it would ask for bankruptcy and did not reveal a reason to close its work.
Photo and colon source; Shutterstock
LTI truck transportation runs out of work
Now, Trucking Services has told trucks and logistics operating Lti 250 its drivers on April 2 that it closed its operations, according to Freightwaves.
Related: The main furniture company is closed, and there are no bankruptcy plans
A message to the drivers said: “After all possible options were exhausted and carefully looking at our circumstances, we made the difficult decision to close the LTI truck transport services.”
More closure:
- The popular retail chain to close unbelieving stores sites
- Diabetic retail series, rental, major assets, main assets
- Divide deduction files, closing all stores
According to the truck transport company, which is taken from Madison State, the drivers would work with them to return them to the house immediately and issuing them in their final salaries.
The company told drivers: “Any driver wants to go home immediately, we will work with you in this way.” “We promise you that you will get all the money you will deserve.”
The company did not indicate whether it would be a request to protect bankruptcy.
LTI truck transport services were created in 2005 in the Saint Louis suburb and had 300 grams and 575 trailers. The company is specialized in temperature -controlled charging, and shipping to more than 30 states in the Middle West, South Western and East.
Among the companies whose products are charged with LTI shipped AB Inbev, Kraftheinz, Vlasic, Horshey’s, Nestle, Tyson, HillsHire Farm, Kroger, Hostess and Sara Lee.
Related: The main national health care chain files to liquidate Chapter 7
