91-year-old trucking company shuts down operations, no bankruptcy

The Great Freight Recession shows nary motion of ending anytime soon, arsenic much iconic trucking companies permanently unopen their doors.

In immoderate cases, shipping companies declared bankruptcy, with astir 21 firms filing petitions successful the 3rd 4th of 2025 and 20 companies successful the 2nd quarter.

Major trucking companies besides unopen down facilities oregon full businesses without filing for bankruptcy.

Giant trucking institution J.B. Hunt Transport Inc. closed its installation astatine the Home Depot Distribution Center successful Lithonia, Ga., connected Oct. 27, 2025, and U.S. Postal Service trucking contractor 10 Roads Express revealed plans to extremity its message hauling concern and unopen down each operations by the extremity of January 2026.

Neither of those companies filed for bankruptcy.

10 Roads Express submitted a 60-day Worker Adjustment and Retraining Notification announcement connected Dec. 1 with a last layoff day of Jan. 30, 2026. About 2,000 workers volition beryllium laid off.

The Carter Lake, Iowa, proscription and logistics company, which reported 2,462 powerfulness units and 2,606 drivers connected the Federal Motor Carrier Safety Administration SAFER website, was established successful 1946 and contracted with the U.S. Postal Service for 47 years.

10 Roads Express decided to upwind down its operations aft continued and important headwinds impacted the proscription manufacture and the company, whose superior lawsuit is the U.S. Postal Service, it said successful a statement. The institution besides hauls commercialized products.

“Our manufacture has been navigating unprecedented challenges, and contempt the dedication of our employees and leadership, the realities of the manufacture person go intolerable to overcome,” a 10 Roads spokesperson said successful a connection sent to TheStreet.

And now, less-than-truckload shipping institution Standard Forwarding Freight, which operated successful 16 states, closed its concern connected Dec. 29, terminating employees. It has not indicated its adjacent step.

The East Moline, Ill.-based trucking institution said successful a connection connected its website that it is suspending its day-to-day operations.

Certain institution drivers asserted they were notified connected Dec. 28 that they were terminated and that the institution was permanently closing, FreightWaves reported.

"Effective December 29, 2025, pursuing a broad strategical reappraisal of the business, Standard Forwarding Freight, LLC made the hard but indispensable determination to temporarily suspend its day-to-day operations and trim its workforce," the institution said successful the statement.