I suspect fuel costs and lack of goods to be shipped may be a factor.
Industry shake out to follow.
The company had enormous debt from its major acquisitions over the last 20 years. It’s an interesting story because the company was in a difficult position where it was forced to consolidate with other similar carriers just to stay competitive, but ultimately couldn’t generate the revenues needed to pay off the debt from the acquisitions.
Jimmy Hoffa and his pals, both in gummint and the rackets are the real issue with trucking companies.
Since the inception of satellite tracking systems, the over the road driver is the most controlled human worker since Lincoln freed the slaves.
I really feel for those folks that drive the 18 wheeler rigs.