trucking bankruptcies
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Redwood Logistics
U.S.-Mexico freight dynamics in times of contracting capacity
The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight…
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News
Bankrupt Celadon seeks $900,000 in bonuses for executives, court filings show
Company argues payouts will maximize value during the wind-down of its North American trucking businesses, but the proposal faces resistance from a U.S. federal trustee.
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Trucking
Commentary: Responding to readers’ reactions
A number of readers responded to Brian Aoaeh's 12/26/19 "Commentary: Trucking industry observations heading into 2020." His current commentary features some of those responses and…
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News
Trucking companies blame rocky economic conditions for 2019 shutdowns
Trucking companies cite a weak freight market and soaring insurance and equipment costs as reasons some fleets did not survive the economic downturn in 2019.
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Trucking
2019 was a winless season for trucking…2020 will feel like winning the Sugar Bowl
FreightWaves founder and CEO Craig Fuller writes about the issues the trucking industry dealt with in 2019 and what is ahead in 2020.
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Trucking
Commentary: 2019 was a tough year for trucking
Ben Thrower writes about what most in the trucking industry know - 2019 was a tough year for almost everyone.
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Trucking
Commentary: Trucking industry observations heading into 2020
Brian Aoaeh writes about key trucking events in 2019 and looks ahead to 2020.
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Canada
Celadon leaves former drivers hanging without bankruptcy filing in Canada
Employees’ and contractors’ struggles with Celadon-owned Hyndman over outstanding pay and questions about the fate of leased trucks are compounded by the lack of legal…
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Trucking
Why Celadon is filing Chapter 11 instead of Chapter 7
Last Friday, December 6, FreightWaves reported that Celadon intended to file Chapter 11 bankruptcy and now the company has made it official. On the surface,…
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News
Celadon’s Canadian carrier Hyndman Transport shuts down
Drivers “in shock” and blame the troubles of their U.S. parent company for causing Canada’s largest trucking failure of 2019.
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