The Nice Freight Recession exhibits no signal of letting up, as trucking firm chapter filings within the third quarter ending Sept. 30 surpassed filings within the second quarter.
Freight carriers filed 21 chapter petitions within the third quarter of 2025 in comparison with 20 filed within the second quarter, Tools Finance Information reported.
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Precision Specific, Sept. 23
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L.S. Trucking, Sept. 23
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GMB Transport, Sept. 23
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WBK Transport, Sept. 26,
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Sky Rock Trucking, Sept. 29.
A wave of trucking corporations filed for Chapter 11 chapter within the final week of September, together with Precision Specific, L.S. Trucking, and GMB Transport on Sept. 23, WBK Transport on Sept. 26, and Sky Rock Trucking on Sept. 29.
David Roush, president of accounting agency KSM Transport Advisors, warned on the corporate’s web site in March 2025 that the Nice Freight Recession was alive and properly.
And now it is evident that the trucking downturn is simply getting worse because the starting of the second quarter.
“Information Flash: The three-year-long Nice Freight Recession is NOT over. The main indicators that brought on FreightWaves to declare the tip of the GFR in November 2024, and the ensuing service optimism is now within the rearview mirror,” Roush mentioned on the time.
Lengthy-haul truckload demand reportedly plummeted by 25% within the first half of 2025, with trucking changing into extra of a short-haul supply technique for the ultimate leg of freight motion.
The freight recession hit one of many nation’s main trucking corporations, J.B. Hunt Transport Inc., which filed a federal Employee Adjustment and Retraining Notification Act discover and closed its facility on the Residence Depot Distribution Middle in Lithonia, Ga., on Oct. 27, 2025.
J.B. Hunt despatched a required 60-day discover to its 74 workers on the facility on Aug. 26, informing them that the power can be closing, in response to a letter despatched on the identical day to the Technical Faculty System of Georgia, which oversees the state’s WARN discover filings.
Along with trucking corporations, the Nice Freight Recession can also be impacting main delivery and logistics corporations working worldwide.
International freight forwarder Atlantic Abroad Specific Inc. filed for Chapter 11 chapter to reorganize its enterprise and restructure its debt.
The Doral, Fla., primarily based debtor filed its petition within the U.S. Chapter Courtroom for the Southern District of Florida on Oct. 24, itemizing $500,000 to $1 million in property and $100,000 to $500,000 in liabilities in its petition, RK Consultants reported.