First Brands Creditors Demand Separation of Advisers
Creditors demanded First Brands appoint separate advisers for units that issued $2.5 billion in off-balance-sheet debt, arguing conflicts of interest threaten the insolvency case.
California to Revoke 17,000 CDLs for Immigrants
California will revoke 17,000 commercial driver licenses issued to immigrants after finding expiration dates exceeded legal status limits, following federal scrutiny.
Airlines Confident in Quick Recovery Once FAA Lifts Order
Though airlines say they expect normal operations to resume within three or four days after the order is lifted, some have suggested that problems might linger longer than that.
Hill Transportation Leaders Eye Highway Bill
Rep. Sam Graves’ T&I committee is expected to resume hearings specific to comprehensive highway legislation that is meant to improve safety and supply chain connectivity.
US, Argentina Advance New Trade Accord
The moves to ease trade in cattle come as the Trump administration is looking to provide relief to American consumers with wholesale beef prices surging in recent years.
Two aftermarket truck parts suppliers combining into one
Two suppliers of truck parts to the aftermarket are combining into one firm. The post Two aftermarket truck parts suppliers combining into one appeared first on FreightWaves.
Trade volatility hits Hapag-Lloyd profits
Hapag-Lloyd saw profits tumble as global trade uncertainty hurt container rates despite higher revenue. The post Trade volatility hits Hapag-Lloyd profits appeared first on FreightWaves.
Trucking’s Two-Front War: Capacity Contracts And Costs Explode
In this episode of Loaded and Rolling, host Thomas Wasson sits down with Michael Precia to break down how fleets can manage rising operational costs by avoiding some of the…
3PL Systems and Shiplify bring new transparency to LTL accessorials
In less-than-truckload (LTL) shipping, even seasoned brokers struggle to quote shipments accurately. The issue rarely lies with the base rate; it’s the hidden accessorial charges that disrupt margins and relationships.…
European Union moves to revoke duty-free status for parcel imports
The European Union is cracking down on the wave of low-value e-commerce shipments from China. Importers could soon have to pay duties on parcels that currently can enter the zone…