Trucker's Blog — Bankruptcy

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...