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.
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.