Two small carriers filed for varying levels of bankruptcy relief in May and April, according to court filings.
Notably, two bankruptcies involved Dukay Trucking of Illinois, which filed a Chapter 7 petition on May 26, and S&P Trucking of Idaho, which filed a Chapter 11 petition on April 27. Chapter 7 is generally to liquidate a business, and Chapter 11 is generally for reorganization.
Dukay reported $6,100 in assets and $784,122.36 in liabilities, according to its filing. Gross revenue shrank from over $1 million in 2024 to $220,068 in 2025 amid unpaid invoices, a default on a fuel contract and issues with loans, the filing said.
The business faces multiple lawsuits, including a personal injury complaint in Cook County Circuit Court in Illinois that was filed in December, according to court records.
For S&P, multiple claims stem from lawsuits, including one for $39,911.66 from a Peterbilt dealership in Utah and another for $200,000 from PNC Bank, in addition to a $162,198.10 judgment involving American Express Business, according to its filing.
Liabilities all together exceed $2 million while the business has nearly $1.5 million in assets. S&P had 11 power units and drivers as of early April, according to a federal database.
Bankruptcy filings for businesses have been increasing. For the 12-month period ending in March, nearly 26,000 businesses filed for bankruptcy, an 11% year-over-year increase, according to federal court data.
