The company filed for bankruptcy protection after financial difficulties forced it into receivership in December 2025.
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91-year-old trucking company Standard Forwarding Freight shuts down operations, no bankruptcy
The Great Freight Recession shows no sign of ending anytime soon, as more iconic trucking companies permanently shut their doors. In some cases, shipping companies declared bankruptcy, with about 21 ...
The Great Freight Recession has been challenging for trucking and logistics companies since it began in early 2022. Shipping companies have faced reduced shipping demand, lower freight rates, and ...
Trucking in the United States faces a crisis. Rates have been squeezed, and costs have continued to climb, according to data from the American Trucking Association. "The U.S. trucking industry ...
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