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At least 16 American trucking companies have filed for bankruptcy in the last 30 days
Posted on 10/2/26 at 5:34 pm
Posted on 10/2/26 at 5:34 pm
Posted on 10/2/26 at 5:35 pm to Green Chili Tiger
Good. Serves them right for hiring illegals
Posted on 10/2/26 at 5:36 pm to FLTech
quote:
Good. Serves them right for hiring illegals
It's the diesel costs you retard
Posted on 10/2/26 at 5:36 pm to Green Chili Tiger
Sean Duffy doing work.
Posted on 10/2/26 at 5:37 pm to Green Chili Tiger
I was going to do this thread, but most posters will say you don’t know the circumstances, it probably had nothing to do with diesel and/or these are companies that don’t know how properly run business.
Posted on 10/2/26 at 5:38 pm to Green Chili Tiger
With your history on here, are you implying your inconvenience is more important than illegal truckers who kill innocent Americans?
Posted on 10/2/26 at 5:41 pm to Green Chili Tiger
i do work for two very large trucking companies. this is BS. trucking companies make MORE money when diesel is high. They don't care if it's high or low. They make more margin when it's high. It's your farmers and loggers and regular Joe's with diesel trucks that suffer from high diesel prices. The prices for their products is fixed, and they can't charge more to make up the high diesel costs. But, trucking companies. nah, they couldn't give less of a rip what the price of diesel is. they get theirs, regardless
Posted on 10/2/26 at 5:41 pm to Powerman
That's what FSC is for.
There is a shite ton of work out there. You need good legal drivers who know what they are doing.
Hell there are still plenty of illegal drivers hauling pipe all over Texas.
There is a shite ton of work out there. You need good legal drivers who know what they are doing.
Hell there are still plenty of illegal drivers hauling pipe all over Texas.
Posted on 10/2/26 at 5:41 pm to Powerman
quote:
It's the diesel costs you retard
No, it is not.
Posted on 10/2/26 at 5:43 pm to Powerman
quote:
It's the diesel costs you retard
And it’s only affected 16 companies? There’s over 2 million transportation companies in the United States.
Posted on 10/2/26 at 5:47 pm to Green Chili Tiger
Those companies were going under no matter the circumstances, with the "fuel surcharge's" I'm paying for freight it damn sure wasn't fuel prices
Posted on 10/2/26 at 5:48 pm to Bunk Moreland
quote:
these are companies that don’t know how properly run business.
ok, i'll be "that guy". in the case of trucking companies, a trucking company is considered anyone who owns at least 1 truck. All owner operators are considered their own company even though they lease on to larger companies.
diesel prices are a struggle though. you do collect a fuel surcharge, but it doesn't cover empty miles.
so 16 in a month may not be a very big number.
Posted on 10/2/26 at 5:50 pm to Green Chili Tiger
quote:
16 trucking companies hit bankruptcy court in less than a month
quote:
A new round of trucking bankruptcies has swept across the U.S. in recent weeks, with carriers ranging from small owner-operators to fleets operating dozens of trucks seeking Chapter 7 or Chapter 11 protection.
At least 16 trucking, delivery and transportation companies entered bankruptcy proceedings between late August and Sept. 21, according to federal court filings and carrier records reviewed by FreightWaves.
The filings include Chapter 11 cases involving Globemaster Incorporated, Xoco Transport, Jett Transport & Materials, CLJ Transporting, Mill Creek Logistics-Illinois, RP Hay Hauling, Truckload LLC and Pacer Transport. Several smaller carriers filed Chapter 7 cases, which typically involve liquidation rather than reorganization.
The filings come as trucking companies continue navigating a freight environment marked by rising diesel fuel prices and other elevated operating costs.
Posted on 10/2/26 at 6:06 pm to Powerman
quote:
It's the diesel costs you retard
Posted on 10/2/26 at 6:08 pm to Bunk Moreland
quote:maybe these hardworking truckers decided to close up shop and go be a Venezuelan fisherman
I was going to do this thread, but most posters will say you don’t know the circumstances, it probably had nothing to do with diesel and/or these are companies that don’t know how properly run business.
Posted on 10/2/26 at 6:09 pm to Powerman
quote:
It's the diesel costs you retard
No fricktard. Diesel gets pushed into the rates. Its the business model they used with cheap labor. Now they have to/cant find enough qualified drivers, which crushes their ins rates, liability, and cogs.
We'll be fine. Diesel has be as high or higher before
Posted on 10/2/26 at 6:13 pm to Powerman
quote:
It's the diesel costs you retard
As of early 2026, there are approximately 2.08 million active motor carrier companies registered in the United States.
How are the other 2.07+ million getting by?
That should be the FIRST question. Well, how many are there? Is 26 a significant percentage of them?
Posted on 10/2/26 at 6:14 pm to Walt OReilly
I'm in brokerage and just had my personal best month in probably 2 years or so~
My book of business over the last 30 days - 1.5 mil revenue, 206k profit on 478 orders, mostly in the Dry van, Flatbed and the Sprinter Vans/Box Truck Market
Truckers are making bank right now
My book of business over the last 30 days - 1.5 mil revenue, 206k profit on 478 orders, mostly in the Dry van, Flatbed and the Sprinter Vans/Box Truck Market
Truckers are making bank right now
This post was edited on 10/2/26 at 6:15 pm
Posted on 10/2/26 at 6:17 pm to Codythetiger
Not to mention mileage rate, wear and tear, and depreciation.

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