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 firms filing petitions in the third quarter of 2025 and 20 companies in the second quarter.
Major trucking companies also shut down facilities or whole businesses without filing for bankruptcy.
J.B. Hunt Transport, 10 Roads Express close facilities
Giant trucking company J.B. Hunt Transport Inc. closed its facility at the Home Depot Distribution Center in Lithonia, Ga., on Oct. 27, 2025, and U.S. Postal Service trucking contractor 10 Roads Express revealed plans to end its mail hauling business and shut down all operations by the end of January 2026…