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#ltl-carrier-shutdown
(2 articles)Labor & Workforce
High ImpactAug 20, 2026Regional LTL Carrier TP Freight Abruptly Shuts Down
TP Freight Lines, a 103-year-old Portland-based less-than-truckload (LTL) carrier, abruptly ceased operations in early August following a sudden ownership transition and severe financial deterioration
FreightWaves#ltl-carrier-shutdown#regional-trucking-crisis#teamsters-labor-dispute
Risk & Disruption
ModerateJul 7, 2026LTL Carrier Mountain Valley Express Shuts Down Operations
Mountain Valley Express, a regional less-than-truckload carrier based in Manteca, California, has ceased all operations effective July 7, 2026, marking another casualty in the volatile freight market.
FreightWaves#ltl-carrier-shutdown#mountain-valley-express#regional-freight-capacity