Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022. The post Layoffs and bankruptcies pile up in logistics amid shocking downturn appeared first on FreightWaves.
Florida-based trucking company Makena Express filed for Chapter 11 bankruptcy protections as the impact of the Wuhan coronavirus (COVID-19) pandemic continues to wreck the state's economy. [.]