Multiple small and mid-sized trucking companies filed Chapter 11 bankruptcy in early 2026, including Bee and G Enterprises of Washington with 7 trucks, Mast Trucking of Kansas with 55 trucks, and VIB Trans of Illinois with 29 trucks, while 79-year-old USPS contractor 10 Roads Express shut down entirely in January, according to altLINE and FreightWaves. Mid-sized carriers that survived 2023 and 2024 are now folding as rising fuel, insurance, and tariff costs compound the ongoing freight rate depression.
Operator takeaway
When a carrier you serviced files Chapter 11, your recovery invoice becomes an unsecured claim — verify carrier financial health and collect payment before releasing vehicles.