Trucker's Blog — 10 roads

The Rising Tide of Bankruptcies in the Trucking Industry (Part 1)

Posted by Truckers Pathway Editors on

The trucking industry, often regarded as the lifeblood of the economy, has been experiencing a wave of bankruptcies and shutdowns in recent months. These distressing events not only impact the companies involved but also send ripples through the broader logistics and transportation sector. November 6: Twin Express - A 35-Year-Old Legacy Comes to an End Twin Express, a Minnesota-based trucking company with a rich 35-year history, faced a court-ordered liquidation due to defaulting on a staggering $19 million loan. With 76 employees impacted, the closure serves as a stark reminder of the financial challenges faced by even well-established companies in...

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