Trucker's Blog — economic downturn
The Rising Tide of Bankruptcies in the Trucking Industry (Part 2)
Posted by Truckers Pathway Editors on
Common Themes in Trucking Company Closures In the first part of our blog series, we explored a series of trucking company bankruptcies and shutdowns that rocked the industry in recent months. In this continuation, we'll unravel the common threads that connect these closures, providing insights into the challenges faced by companies across different sizes and specialties. September 29: Titan Transportation Services Inc. - A Swift and Unexpected Closure Grand Rapids-based Titan Transportation Services Inc., with $65 million in revenue at one point, abruptly ceased operations, leaving 125 employees without jobs. The closure underscores the sudden and unexpected nature of many...