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600 Texas Drivers Face Layoffs as Trucking Giant’s Collapse Torches 280‑Fleet

2026-01-20 7 Dailymotion

Texas International Enterprises filed for Chapter 11 bankruptcy on Dec. 6, 2025, in a case involving U.S.–Mexico cross-border freight. The Laredo trucking company reported $42.6 million in debt tied to 280 trucks and said 600 drivers face uncertainty. The Texas International Enterprises Chapter 11 bankruptcy follows years of cross-border freight operations, with more than 39 million truck miles in 2024.<br />The company is paying employees during restructuring, with no layoffs announced, while warning unsecured creditors may receive nothing and noting the risk of a Chapter 7 conversion. Industry context includes declining truck tonnage, weak spot rates near $1.89–$2.06 per mile in late 2025, and thousands of carrier exits, with DAT projecting a gradual recovery in 2026.

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