Venture-backed freight-tech player Zuum has entered Chapter 11 in the U.S. Bankruptcy Court for the Central District of California, a high-profile addition to the industry’s late-year restructuring docket. The Irvine-based software and brokerage hybrid reported assets and liabilities both in the $10 million to $50 million range, underscoring a capital-light…
The United States has suspended for one year the new Section 301 port fees on China-linked ships, a move that took effect at 12:01 a.m. Eastern on November 10. The pause lifts near-term cost and routing uncertainty hanging over U.S. import flows since mid-October and removes a potential layer of…
UPS pilots are mourning the loss of three crewmates killed when an MD-11 freighter crashed shortly after takeoff from Louisville on November 4, a tragedy that has since prompted an emergency pause of MD-11 flying and raised urgent questions about safety and network continuity heading into peak season. The Independent…
Irvine, California-based Zuum Transportation has sought Chapter 11 protection, the latest freight-tech firm to be pulled into the industry’s ongoing shakeout. The company filed on November 6 in the U.S. Bankruptcy Court for the Central District of California (Santa Ana), listing estimated assets and liabilities of $10 million to $50…
Why the W-9 matters in trucking If you’re hauling on contract, onboarding with a broker, or paying outside help like lumpers or independent mechanics, the W-9 is the first tax form that keeps money flowing. A W-9 is a “Request for Taxpayer Identification Number and Certification.” U.S. persons—individuals, sole proprietors,…
National Overview — Tuesday, November 11, 2025 An unseasonably cold Arctic air mass grips the eastern two-thirds of the country today. Downwind of the Great Lakes and across the central Appalachians, lake-effect and upslope snow continue with bursts of heavy snow, whiteouts, and blowing snow. Record or near-record early-season cold…
With winter arriving early for large swaths of the country on Monday, November 10, 2025, a new Senate bill is zeroing in on a headache familiar to many fleets: engines that derate or shut down in extreme cold. A report in the trade press highlighted the move as temperatures plunged…
Radiant Logistics is digging in for an extended stretch at the bottom of the cycle. Management’s message: stay selective on freight, protect yields, and keep costs tight while waiting for demand to firm. That stance reflects what many asset-light providers are seeing on the ground — a mix of steady…
FAA GROUNDS MD-11 JETS AFTER DEADLY UPS CRASH; UPS AND FEDEX FLEETS IDLED The FAA ordered all MD-11 cargo aircraft grounded after a UPS jet crashed at Louisville, killing 14, prompting UPS and FedEx to suspend MD-11 operations that account for 9% and 4% of their fleets, respectively. Investigators are…
Universal Logistics Holdings booked a large noncash write-down on its intermodal business that turned the September quarter into a loss, underscoring how weak import-driven freight and high fixed costs are pressuring drayage networks. The impairment totaled about $81 million, primarily tied to goodwill and customer-relationship intangibles in the intermodal unit,…
