16 Carriers File Bankruptcy, Alabama's $100M Rail Terminal, & CDL Rule Faces Court Skepticism | The Morning Minute
In this episode, we kick things off by examining a sobering wave of financial distress as at least sixteen trucking and transportation companies entered bankruptcy proceedings in less than a month. The geographically widespread filings include both Chapter 11 reorganizations and Chapter 7 liquidations, spanning carriers from small owner-operators to mid-sized fleets operating dozens of trucks across general freight, last-mile, agricultural and specialized operations. Rising diesel fuel prices and elevated operating costs continue to squeeze margins in an already challenging freight…
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