Rising Bankruptcy Trends in Transportation
The U.S. transportation sector is facing escalating bankruptcies, impacting supply chains and logistics. BKWire’s daily filings and creditor data help you stay proactive.
How BKwire Protects the Transportation Supply Chain
Shippers
Spot vulnerable carrier partners early via daily bankruptcy alerts and creditor exposure data, preventing losses from disrupted freight flows.
Carriers
Track filings across the network to secure loads and capacity, enabling swift pivots to alternative routes and minimizing downtime.
Brokers
Ensure network continuity with real-time insights into upstream bankruptcies, protecting just-in-time logistics and client commitments.
Transportation bankruptcies disrupt commerce at scale
Grounded flights, stalled vessels, and repossessed fleets block trade lanes, which can lead to severe consequences. To make matters worse, manufacturers, retailers, and consumers all bear the costs as shortages appear.
BKwire zeros in on insolvency risks before routes break
BKwire daily updates highlight at-risk carriers, hubs, and logistics firms. This helps foresight to redirect shipments and protect budgets. More importantly, it makes it easier to preserve customer trust.
BKwire zeros in on insolvency risks before routes break
BKwire daily updates highlight at-risk carriers, hubs, and logistics firms. This helps foresight to redirect shipments and protect budgets. More importantly, it makes it easier to preserve customer trust.
BKwire Transportation Bankruptcy Filings 2023-2025
2023
Number of Filings
Post-pandemic oversupply; small carriers and brokers hardest hit. 0 1 4
2024
Number of Filings
Net loss of carriers; revenue slumps and high costs prominent. 5 9
2025 (YTD)
Number of Filings
Freight recession deepens; restructurings and closures dominate. 9
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Recent Transportation Bankruptcies
Balkan Express (April 2025)
Bankrupt
Fort Worth dry van carrier filed Chapter 11 in Texas with $25M debt after a $4.3M lender suit, idling 150 trucks, cutting 250 jobs, disrupting Midwest/Canada routes, and leaving vendors unpaid.
H5 Transport (September 2025)
Bankrupt
North Dakota truckload/LTL operator filed Chapter 11 amid cash flow issues; 10 trucks and 3 drivers affected, factoring deals strained, rural hauls delayed, and SBA loans at risk.
Big Level Trucking (August 2025)
Bankrupt
Mississippi general freight hauler filed Chapter 11 with $10M–$50M debt, grounding its fleet and winding down operations, leaving Southeast brokers rerouting loads and fuel claims unresolved.
Recent Medical Bankruptcies
NES Health
Bankrupt
Filed for Chapter 7, leading to liquidation after failing to pay emergency physicians, leaving hospitals understaffed and doctors without malpractice coverage.
Why the Transportation Industry Needs BKwire Bankruptcy Monitoring
Exposure watch
Track vulnerable elements in logistics supply links before disruption.
Strategic engine
Reveal distressed players fit for acquisition or partnership
Ongoing stream
Real-World Impact: The Indian Creek Express Bankruptcy Ripple of 2024
Apply Bankruptcy Alerts to Keep Your Business Safe
Access insights signaling strain across routes and carriers.