In the latest episode of "The Freight Caviar Podcast", we sit down with Cameron Ramsdell, the CEO of Armstrong Transport Group. He discusses strategies for protecting your business against fraud and how he grew Armstrong by 60% in one year.
Plus: Trump eyes Panama Canal takeback, US imports surge 12.3% YoY, Hyzon plans liquidation, and more.
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
Ray's Transport files Chapter 11 after $1.2M Stellantis judgment. Continues operations as route broker.
Surge Transportation emerges from bankruptcy with a successful reorganization, setting new industry precedents.
Illinois trucking company Blue Thunder files for Chapter 7 bankruptcy, idling 75 drivers, and leaving up to 199 creditors in the lurch.
Indiana trucking company APL Cargo pursues post-bankruptcy financing deal with factoring company WEX Bank, while battling multiple lawsuits and owing $2.3M in secured debt.
APL Cargo bankruptcy adds to the list of trucking company hits in recent years. Read about the industry struggles and major closures from the past five years.
Three trucking-related businesses file for bankruptcy amid rising costs and regulatory pressures.
Arnold Transportation, a Texas trucking company, shuts down after nearly a century in business, filing for Chapter 7 bankruptcy liquidation.
The major Canadian carrier and leasing firm has been rocked by a massive $100 million lawsuit from Mitsubishi HC Capital America. This move offers a temporary shield against the storm of claims totaling $637 million from over 20 lenders.
Yellow sought bankruptcy court to tackle its pension fund claims to avoid arbitration. Meanwhile, the Teamsters fended off Yellow's breach of contract accusation earlier this week.
Central California Cartage, a freight logistics company, faces bankruptcy with significant debts and a drop in revenue.
Nationwide Cargo, an Illinois trucking firm with 171 drivers, has filed for Chapter 11 bankruptcy.
TBL Logistics, a family-run trucking firm, files for Chapter 7 bankruptcy.
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