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7 signs that the trucking company you work for could be closing

Feb 13, 2020 at 01:30 PM CST

Hundreds of trucking companies — both large and small — have shut their doors forever in the past few years, leaving thousands of drivers looking for new jobs. Unfortunately, there is no sign that these carrier closures are slowing down anytime soon. In the past year, companies including Celadon, Falcon Transport, HVH Transportation, and NEMF have all gone under for reasons including the loss of a major contract, increased regulatory burden, high insurance costs, or sky-high lawsuit payouts.