50 truck fleet shuts down
Yahoo Finance·2025-12-05 20:02
The closure of James R. Smith Trucking, Inc., a family-owned operation based in Cullman, Alabama, that marked its 70th year in 2025, underscores the dire state of the freight market. Detailed in a Cullman Daily article, the shutdown of this 1955-founded carrier signals another casualty in a wave of trucking bankruptcies sweeping the industry. A Legacy Lost to Market Pressures James R. Smith Trucking grew from a modest fleet into a reliable freight service under the stewardship of the Smith family, navigat ...