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Major Trucking Companies That Went Bankrupt in 2025

​2025 proved to be a rough year for the trucking industry. From interstate freight carriers to longtime national trucking chains, around eight well-known companies filed for bankruptcy. Rate compression, mounting debts, and unorganized finances were among the different reasons that contributed to the bankruptcies. 8 Trucking Companies That Filed for Bankruptcy in 2025 ​As the…

India needs a National Insolvency Tribunal

The Insolvency and Bankruptcy Code’s effectiveness depends on speed. An adjudicatory body devoted entirely to insolvency is a necessity and not an embellishment | Photo Credit: sankai Nearly a decade after the Insolvency and Bankruptcy Code ushered in a new era of creditor rights and time-bound resolution, it is time to reassess the institutional machinery…

US firm Ample enters Chapter 11 insolvency

Ample, a San Francisco-based company, aimed to become a key player in the battery-swapping sector. However, the firm has now filed for Chapter 11 insolvency in the Southern District of Texas. Despite raising a total of $330 million over its lifetime, Ample has reportedly faced liquidity issues in recent times, primarily due to ‘the challenging…