Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022. The post Layoffs and bankruptcies pile up in logistics amid shocking downturn appeared first on FreightWaves.
A trucking company based in Michigan auctioned off its equipment after 51 years of business operations. The assets of family-owned Art Mulder & Sons Trucking (AMST) were auctioned online on [.]
An online auction on Tuesday will sell the assets of family-owned Art Mulder & Sons Trucking of Holland, Michigan, two months after the refrigerated LTL carrier ceased operations after 50 years.
Amid rising costs and a national decline in freight volume, a family-owned business in West Michigan is closing its trucking division and selling its fleet.Holland-based Mulder Holding Co. said Tuesday will hold a one-day online auction Jan. 24 to sell 145 inventory items, including semi-trucks,…