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Photo of Montgomery Transport tractor-trailer
Newsby Deborah LockridgeOctober 10, 2025

Montgomery Transport Suddenly Shuts Down

Montgomery Transport LLC in Birmingham, Alabama, suddenly announced it was closing effective immediately on October 9, putting hundreds of truck drivers and other employees out of work.

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Nikola trucks.
Newsby Jack RobertsFebruary 19, 2025

Nikola Files for Bankruptcy

Years of scandal and mismanagement at Nikola Motors finally come to a head as the battery-electric and hydrogen-fuel-cell truck maker files for Chapter 11 bankruptcy.

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Newsby Deborah LockridgeFebruary 11, 2025

Jack Cooper Transport Shutting Doors After Nearly a Century

Other auto haulers stand to benefit from the demise of Jack Cooper Transport, which lost its two biggest customers this year.

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Hyzon Class 8 hydrogen fuel cell truck.
Newsby News/Media ReleaseJanuary 2, 2025

Hyzon Board to Dissolve Company

Citing an unsustainable cash burn and an inability to establish reliable revenue streams, hydrogen fuel cell truck OEM Hyzon's board of directors has voted to dissolve the company.

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Newsby Staff and News ReportsDecember 22, 2023

Matheson Trucking, Subsidiaries Going Out of Business

California-based Matheson Trucking, a major USPS contractor known for its adoption of CNG-powered tractors, will be closing their doors, after filing for bankruptcy protection in 2022.

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Newsby Staff and News ReportsDecember 5, 2023

Yellow Terminals Sold for $1.9 Billion in Bankruptcy Auction

XPO, Estes Express Lines, and Saia were among less-than-truckload companies that purchased Yellow terminals during a recent court-supervised auction following the company’s bankruptcy. About 75% of Yellow’s properties will be sold, for nearly $1.9 billion.

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Newsby StaffNovember 10, 2023

Volvo Buying Proterra EV Battery Business

Volvo Group is paying $210 million to buy the Proterra Powered business unit, which has provided battery technology, drivetrains, vehicle electrification and e-mobility technology to vehicle makers. as part Proterra's Chapter 11 bankruptcy proceedings.

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Newsby Staff and News ReportsAugust 7, 2023

Yellow Files for Chapter 11 Bankruptcy

After decades of struggling financially, Yellow filed for Chapter 11 bankruptcy protection over the weekend. The less-than-truckload carrier had ceased operation July 30.

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Newsby Wayne ParhamAugust 2, 2023

Stifel Analyst Offers Insight into Market Impact of Yellow’s Exit

With longtime trucking giant Yellow shutting down and reported to be planning to file for bankruptcy, what is the impact on the trucking industry, in particular LTL?

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Newsby Staff and News ReportsJuly 31, 2023

Yellow Ceases Operations, Likely to Liquidate

Yellow Corp., one of the longest-serving American trucking companies, ceased operations over the weekend and has announced it will be filing for bankruptcy.

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