Freight Farms Files for Chapter 7 Bankruptcy

Dr. Jake Holley

In another shakeup in indoor farming, Freight Farms, a company that outfits shipping containers for farming operations, filed for Chapter 7 bankruptcy. Unlike other recent bankruptcies and closures, such as Plenty or Bowery, Freight Farms operates as a technology supplier rather than just a produce supplier. Their model functions more like a franchise, with independent farmers running their own farms under Freight Farms’ framework.

This bankruptcy created significant uncertainty for farmers who rely on Freight Farms for everything from software and supplies to expendables and technical support. It served as an unfortunate reminder to growers that understanding the ownership, right to repair and knowing the mechanics of your operation is critical for long-term success.