Navarro Trucking Group, which pulled intermodal containers out of the ports of Los Angeles and Long Beach, has folded and filed for Chapter 7 bankruptcy.
The federal government made SPAC-sponsored Nikola founder Trevor Milton an example of corporate greed. Will others follow?
FreightWaves founder and CEO Craig Fuller analyzes truckload contract rates and where they may be headed.
An Illinois-based trucking company has filed Chapter 11, citing a jury award of $10 million in December following a 2019 fatal truck crash involving one of its drivers.
A look at the end of Central Freight Lines, the port congestion blame game between drivers and officials, and investments no one asked for.
A Mississippi-based trucking company filed Chapter 7 bankruptcy on Tuesday, more than a year after its operating authority was revoked by the Federal Motor Carrier Safety Administration.
Trucking companies, logistics firms and suppliers may be left in a lurch after an auto parts supplier filed bankruptcy after losing GM as a client.
Instapay, a factoring company, and its parent company Flexible Funding are seeking Chapter 11 bankruptcy protection, according to court filings with the U.S. bankruptcy court in Fort Worth, Texas.
About 180 truck drivers being laid off in Texas, New York and California.
GDC Technics has laid off 223 workers and filed for Chapter 11 bankruptcy after losing a Boeing contract.
A California freight forwarder filed Chapter 7 bankruptcy last week, collectively owing transportation and logistics companies more than $884,000.
Concurrent to insolvency discussions, Greensill is considering the sale of its operating business to Apollo Global Management Inc. for $100 million, according to a report.
The owner of two defunct California trucking companies, Royal Flush 89 Transport and Cuevas Transport, filed for Chapter 7 bankruptcy on Wednesday.
Despite a last-minute pardon by former President Donald Trump in his criminal case, tech pioneer Anthony Levandowski’s legal woes continue after he was forced to file for bankruptcy protection on the same day he was ordered to pay Google $179 million in a contract dispute last year. Uber is now taking issue with the proposed […]
Court-approved access to $2.45 billion is expected to help the South American carrier weather the pandemic.
In today’s edition of The Daily Dash, FMCSA will study the use of interstate commercial truck drivers under the age of 21. Plus, a bankrupt oil company has left carriers facing an uncertain future, and trucking sector employment is starting to rise.
Bainbridge Uinta, an oil and gas exploration and production company headquartered in Dallas, filed for Chapter 11 bankruptcy in Fort Worth, Texas, on Tuesday.
In today’s edition of The Daily Dash, experts discuss how trucking will get to an electric future, Mack Trucks lays off 450, and a trucker allegedly kidnaps his wife, leading police on a wild chase.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
Airlines are leaning heavily on governments for support until they can get back on their feet once the COVID crisis subsides. Next up: KLM.
