Relief for depressed US trucking sector with green shoots of a recovery
Over the past seven or eight months, reflection in the US trucking industry has been ...
If you thought bankruptcy was complex – try no bankruptcy, but collapse: a situation that has led IKEA to the US courts.
IKEA has filed a lawsuit against Convoy, Hercules Capital and some 40 road transport providers in a bid to stop them invoicing the giant home furnishings retailer, because it doesn’t know whom to pay.
It’s certainly confusing. IKEA knows it owes some half-million dollars for US trucking services, but because the supplier of those services, Convoy, has shut its doors, ...
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