Carrier Bankruptcies & Layoffs, LRT Group Acquires F2F Transport, & Cass Signals Recovery | The Morning Minute

In this episode, we kick things off by examining a brutal new wave of financial distress hitting the transportation and logistics sector. Over the past ten days, trucking companies, truck dealers, and logistics providers have filed for bankruptcy protection while hundreds of workers faced layoffs nationwide. Notable filings include Laredo-based Triple RRR Carriers, a cross-border trucking company that operated a fleet of 177 power units, and Dallas-area logistics provider Alan Ritchey Inc., which will lay off 232 employees beginning in September. Next, we shift to the truckload sector where a strategic acquisition is poised to expand growth opportunities across the Southeast. Chattanooga-based F2F Transport announced that it has been acquired by LRT Group, a Fort Payne, Alabama-based transportation holding company focused on building transportation-based businesses. The move is expected to create new opportunities for growth and expanded service offerings, including increased access to dedicated freight opportunities for F2F's network of owner-operators. Finally, we explore a closely watched freight index that is signaling a positive inflection point may finally be on the horizon. According to a Monday report from Cass Information Systems, a positive inflection in freight shipments now appears likely after 40 months of year-over-year declines. The multimodal shipments component of the Cass Freight Index dipped just 1.2% year over year in May, the smallest decline in 18 months. Assuming historical seasonal trends, the index is projected to log a 1.8% year-over-year increase in the back half of 2026. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices