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Another national shipping company files Chapter 11 bankruptcy

TheStreet•Wednesday, October 29, 2025 at 9:37:00 PM
NegativeFinancial Markets
Another national shipping company files Chapter 11 bankruptcy
Another national shipping company has filed for Chapter 11 bankruptcy, highlighting the ongoing crisis in the trucking industry exacerbated by a severe shortage of truck drivers. This situation has worsened since the Covid pandemic, revealing vulnerabilities in the supply chain that many Americans previously overlooked. The imbalance between the number of available trucks and drivers is alarming, impacting grocery stores and retailers who rely on timely deliveries. This bankruptcy serves as a wake-up call about the challenges facing the logistics sector and the need for solutions to ensure a stable supply chain.
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