Trucking company RBX Inc. files for bankruptcy after 41 years with up to $50 million in debt

RBX Inc., a trucking company based in Strafford, Missouri, has filed for Chapter 11 bankruptcy after 41 years in business. The company, which operates 265 trucks, cited liabilities between $10 million and $50 million and has affected 255 drivers. The bankruptcy filing occurred on December 13, 2024, in the U.S. Bankruptcy Court for the Western District of Missouri. Up to 199 creditors are involved, but no details on the amounts owed have been disclosed. This bankruptcy follows a trend in the trucking industry, with other companies like Yellow and Elmer Buchta Trucking also filing for Chapter 11 in recent months. These filings highlight ongoing challenges in the freight sector.