5 more trucking companies file Chapter 11 bankruptcy
NegativeFinancial Markets

The recent filing of Chapter 11 bankruptcy by five more trucking companies highlights the ongoing crisis in the freight industry, which is grappling with high operating costs and a significant shortage of truck drivers. Despite a strong demand for freight services, these companies are struggling to stay afloat, reflecting broader challenges within the sector. This situation is concerning as it not only affects the companies involved but also has implications for supply chains and the economy as a whole.
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