Former Celadon trucking officials have settled a fraud case with the Securities and Exchange Commission.
An online auction on Tuesday will sell the assets of family-owned Art Mulder & Sons Trucking of Holland, Michigan, two months after the refrigerated LTL carrier ceased operations after 50 years.
Uber Freight is cutting about 3% of its workforce, all of the jobs coming out of its digital brokerage activities.
Ryder System Inc. is set to lay off 801 employees after losing work at an Applied Materials semiconductor plant in Austin, Texas.
Nikola will move battery pack manufacturing to Arizona and files layoffs notice for a former Romeo Power plant.
E-commerce giant Amazon will lay off over 18,000 workers during its current round of job cuts, first reported in November.
New details have emerged about United Furniture’s financial health and why its lender, Wells Fargo Bank, filed a petition on Friday to force the furniture company into Chapter 7 proceedings after its abrupt shutdown.
2022 brought a recession in the trucking industry, but few large trucking companies declared bankruptcy.
Several trucking companies, logistics firms and cold storage facilities are collectively owed millions of dollars after an Iowa-based meat importer filed for Chapter 11 bankruptcy protection recently.
Fleet solutions provider Motive has laid off 6% of its workforce, citing slow demand and higher operating costs.
