Bankruptcies and layoffs slam wide range of transportation companies

From Yahoo Finance: 2025-04-30 10:00:00

Layoffs and bankruptcies plague the supply chain in April due to tariffs. Truck & Trailer Leasing Avenue and Starr Rail file for Chapter 11 bankruptcy. LML Logistics also files for Chapter 11, listing assets and liabilities. Accelerate360 Distribution announces closure, resulting in 324 layoffs. Kadam Logistics and Sweet Trucking Co. also file for Chapter 11 bankruptcy.

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