FreightWaves reports: “Celadon Group (OTC: CGIP) will file for bankruptcy protection under Chapter 11 no later than Wednesday, December 11, according to internal sources. The Indianapolis-based, publicly-traded trucking carrier employed more than 3,200 drivers and took in more than $1 …

FreightWaves writes: “A very weak end to the year for new truck sales in the Australian market appears likely. Mark Hammond, chief technical officer of the Truck Industry Council (an association of truck manufacturers), has written that the fourth quarter …

Forwarders are calling for greater transparency in CASS as concern rises over IATA’s running of the cargo payments system.
The news comes after a GSSA has reported IATA to German financial supervisory authority Bafin.
The latest concerns stem from IATA’s …

DBAY Advisors has won the battle to acquire Eddie Stobart Logistics, after shareholders this morning voted to accept the investment firm’s takeover proposal.
“We would like to thank shareholders for supporting our transaction, which will bring immediate stability to the …

The air cargo market two weeks ago was still on its way down. But has it hit bottom?
In this, part 3 of our series and revealing the data from 18 November to 1 December, we find that arguably, the …

Ocean carriers appear to have succeeded in recovering around 75% of their IMO transition surcharges for spot and short-term contract business from Asia to North Europe.
And on the transpacific, the container lines appear to have achieved the full quantum …

Regional parcel carriers in the US sense an opening after FedEx and UPS hit the market with hefty price increases for a lot of shippers next year.
The integrators announced relatively modest rate hikes of 4.9% for parcel traffic, but …