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Xoco Transport, based in the border city of Hidalgo, reported $2.2 million in assets and $3.3 million in liabilities.
Expedite Express projected it has over four dozen creditors with total liabilities estimated at $50,000 or less.
Development is ramping up for locations in Oakland, Ontario and Rancho Dominguez.
The monetary tightening provoked criticism from President Donald Trump, who has repeatedly called on the Fed to cut the main interest rate regardless of price pressures.
Costs tied to the transportation and logistics firm’s work to restate its financials going back three years is contributing to the hit, the company said.