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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 by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
51157 posts
Posted on 10/2/26 at 5:34 pm
Posted by FLTech
he/won
Member since Sep 2017
29633 posts
Posted on 10/2/26 at 5:35 pm to
Good. Serves them right for hiring illegals
Posted by Powerman
Member since Jan 2004
176081 posts
Posted on 10/2/26 at 5:36 pm to
quote:

Good. Serves them right for hiring illegals

It's the diesel costs you retard
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
84337 posts
Posted on 10/2/26 at 5:36 pm to
Sean Duffy doing work.
Posted by Bunk Moreland
Member since Dec 2010
70973 posts
Posted on 10/2/26 at 5:37 pm to
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 by idlewatcher
Planet Arium
Member since Jan 2012
99779 posts
Posted on 10/2/26 at 5:38 pm to
With your history on here, are you implying your inconvenience is more important than illegal truckers who kill innocent Americans?
Posted by MSUClangaDawg
Member since Sep 2026
47 posts
Posted on 10/2/26 at 5:41 pm to
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 by CR4090
Member since Apr 2023
10874 posts
Posted on 10/2/26 at 5:41 pm to
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.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
6336 posts
Posted on 10/2/26 at 5:41 pm to
quote:

It's the diesel costs you retard


No, it is not.
Posted by DeBoar
Member since Jan 2024
5948 posts
Posted on 10/2/26 at 5:43 pm to
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 by Barneyrb
NELA
Member since May 2016
7510 posts
Posted on 10/2/26 at 5:47 pm to
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 by Rebel
Graceland
Member since Jan 2005
144913 posts
Posted on 10/2/26 at 5:48 pm to
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 by LegendInMyMind
Member since Apr 2019
76871 posts
Posted on 10/2/26 at 5:50 pm to
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 by Walt OReilly
Poplarville, MS
Member since Oct 2005
124860 posts
Posted on 10/2/26 at 6:06 pm to
quote:

It's the diesel costs you retard


bless your heart
Posted by DeBoar
Member since Jan 2024
5948 posts
Posted on 10/2/26 at 6:08 pm to
He’s so stupid.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151948 posts
Posted on 10/2/26 at 6:08 pm to
quote:

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.
maybe these hardworking truckers decided to close up shop and go be a Venezuelan fisherman
Posted by ChatGPT of LA
Member since Mar 2023
8276 posts
Posted on 10/2/26 at 6:09 pm to
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 by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
13388 posts
Posted on 10/2/26 at 6:13 pm to
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 by Codythetiger
Arkansas
Member since Nov 2006
30615 posts
Posted on 10/2/26 at 6:14 pm to
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


This post was edited on 10/2/26 at 6:15 pm
Posted by DeBoar
Member since Jan 2024
5948 posts
Posted on 10/2/26 at 6:17 pm to
Not to mention mileage rate, wear and tear, and depreciation.
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