FW: Shuttered California LTL carrier files for bankruptcy
FREIGHTWAVES reports: Less-than-truckload carrier Tony’s Express of Fontana, California, has filed for bankruptcy protection, nearly three ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
The latest development on the US west coast saw Oakland’s Outer Harbour Terminal, which recently had to say goodbye to terminal operator Ports America after it decided to consolidate its operations in the Los Angeles-Long Beach and Tacoma-Seattle port complexes, yesterday file for Chapter 11 bankruptcy. The port authority has responded with disappointment, with port director Chris Lyttle claiming an agreement existed for the two to explore other options. “They made a decision to close their business in Oakland. Since then, we’ve been negotiating with them in good faith for a smooth, orderly transition. It’s a shame they’ve taken this step” he said.
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