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Trucking bankruptcies to squeeze US shippers as freight ...

Nov 08, 2019 · Company by company, truck by truck, motor carrier bankruptcies threaten to sap freight capacity from an already tight truckload shipping market in the U.S. as freight demand rises. As operating costs such as driver pay rise and federal regulations cut into productivity, hundreds of trucking companies are shutting their doors each quarter.…

California trucking company files for bankruptcy

Ceres, California-based trucking company Mike Tamana Freight Lines filed Chapter 11 bankruptcy on February 8 in the Eastern District of California in Modesto, according to court documents. It isn’t clear what the company’s plans are for the weeks and months to come, but the company’s Facebook page has been taken down.…