#trucking

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/

Over 800 jobs were cut across the U.S. logistics and trucking sectors. These layoffs stem from contract losses, facility closures, and changing supply chain strategies. Saddle Creek Logistics, Ryder System, and Day & Ross USA are among the affected companies. Roles impacted include forklift operators, warehouse workers, drivers, and dockworkers. This trend reflects continued pressure on contract freight and shifting customer demands.

https://www.freightwaves.com/news/logistics-layoffs-top-800-as-contracts-unwind-across-trucking-warehousing

Robert Bearden Inc. filed for Chapter 11 bankruptcy protection. The trucking carrier submitted its voluntary petition on January 26. Court records show the company listed between 1 and 49 creditors. Assets and liabilities were estimated between $0 and $50,000. Drivers were reportedly instructed to return company trucks.

https://www.freightwaves.com/news/georgia-based-carrier-with-128-drivers-files-for-chapter-11-bankruptcy

ai fleet, an austin trucking startup, laid off nearly 60 workers after loosing a key supplier on oct 31. the company said the situation was unforseeable, so they couldnt give the usual 60-day warning required by federal law. the layoffs started nov 4 and effected drivers and office staff at their downtown location. ai fleet uses artifical intelligence to automate trucking operations and raised $21 million in 2021 after moving from new york to austin.Retry

After working at Ford, I thought since it would make sense to buy one after my career pivot. Never get high off your own supply, I guess. Just sold my ford truck for 14 grand, I bought it for 32 grand two years ago when the truck market was god awful, huge mistake.. salvaged title. And I put 20k into because the transmission and the transfer case went out. I got sc--wed over by my uncles friend, took it to the shop. Rented truck and the freaking trailer fell off and hit the truck, so 1400 for that, for the rental. Got sc--wed over, front drive shaft went out last winter too.

Ended up getting a ram. I love my v6. I love my ram. I subcontract all my work now, I don’t even have an f250… let’s go. I was very afraid to move on from my concrete contractor but now I’m absolutely turnkey and dump trailer for 7 grand. I lost a lot of money on that truck but I learned something. All trucks are the same. I would buy a brand new ram 2500 because they’re cheap trucks and cost the same to repair. I do not like ford. Get a warranty on your truck, get a little v6. They're all the same, really.