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California Trucking Crisis: 17 Firms Bankrupt Amid Driver Shortage

11/5/2025

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Story summary
  • The truck driver shortage has driven bankruptcies in California, including Supra National Express filing for Chapter 11 on October 28, 2025.
  • In Q2 2025, 17 trucking companies declared bankruptcy, signaling an ongoing trend.
  • California's AB5 law reclassifies independent contractors as employees, raising operational costs.
  • A broader downturn—with low freight rates and weak shipping demand—has pressured the industry, though some distributors remain stable.