CDLWire
From the September 26, 2026 edition
Carrier watch

16 trucking companies hit bankruptcy court in less than a month

Filings from Texas to Illinois pile up as diesel prices and operating costs squeeze carriers.

Summarized from FreightWaves.

Parked semi-trucks at a carrier terminal

At least 16 trucking, delivery and transportation companies entered bankruptcy proceedings between late August and September 21, according to federal court filings reviewed by FreightWaves — a wave the outlet ties to rising diesel prices and elevated operating costs.

Chapter 11 cases include Xoco Transport of Hidalgo, Texas (filed Sept. 16; 40+ tractors; revenue fell from $15.4 million in 2024 to $11.3 million in 2025), Globemaster Inc. of Bolingbrook, Illinois (filed Sept. 15; 51 power units; $1 million–$10 million in liabilities against $500K–$1 million in assets), and CLJ Transporting, an Amazon Delivery Service Partner in Auburndale, Florida (filed Sept. 15). Several smaller fleets in California, Texas and Illinois filed Chapter 7 liquidations.

Why it matters

Each filing strands drivers, disrupts shipper freight and ripples through brokers holding the carrier’s loads. CDLWire’s closure desk tracks filings against insurance, authority and equipment-movement signals — rumor is never reported as fact.

Sources

FreightWaves

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