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Trucking Bankruptcies and Logistics Layoffs Rise Sharply in July 2026

Several companies in the logistics and trucking industries are experiencing significant financial difficulties. Fusion Transport LLC is laying off 79 workers at its New Jersey facility. Multiple other transportation and logistics firms have recently filed for bankruptcy protection. These filings include Jackson and Son Hauling LLC, Victory Freight Corp., IPS Express Logistics Inc., and Talon Logistics Inc. The widespread financial strain affects various segments of the freight economy.

New Jersey, North Carolina, Illinois, California, Virginia

https://www.indexbox.io/blog/logistics-and-trucking-companies-cut-jobs-file-for-bankruptcy-in-july-2026/


Mount Holly Plant to Rehire and Expand

Daimler Truck North America will recall 400 workers and hire an additional 200 at its Mount Holly, North Carolina facility by the end of 2026. This expansion is part of a plan to introduce a second shift at the Freightliner truck manufacturing plant. The move reflects a rebound in the freight market, evidenced by significant increases in Class 8 truck orders. DTNA is closely monitoring demand trends as it implements these staffing changes.

Mount Holly, North Carolina

https://www.ttnews.com/articles/dtna-mount-holly-boost-2026


Wabash Announces Layoffs, Four Facility Closures

Wabash announced layoffs and facility closures. More than 300 workers will be affected. Four sites are closing, including one in Goshen, Indiana. The company's 2025 revenues dropped by 20%. This reflects challenging conditions in the freight market.

Goshen, Indiana

https://www.truckpartsandservice.com/workforce/article/15816579/trailer-manufacturer-wabash-shutters-plants-following-difficult-2025


Music City Delivery Shutting Down, 98 Jobs Lost

Music City Delivery will close its doors on April 2. This freighting company is located in Williamson County. Nearly 98 employees will be laid off. The company filed a WARN notification on January 26. This is the third mass layoff in Middle Tennessee for 2026.

https://www.tennessean.com/story/money/2026/01/29/music-city-delivery-williamson-county-tn-closes/88415808007/