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.
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.
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