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WebPort unions welcome Lyttelton lease rejection, demand governance overhaul
1+ mon, 1+ week ago (656+ words) Port unions have welcomed the rejection of a proposal to lease Lyttelton Port’s operations, but say Christchurch City Holdings Limited must now address concerns about the port’s leadership, expansion plans and consultation with workers and mana whenua. The Maritime Union…...
6 more freight carriers go bankrupt
8+ mon, 2+ week ago (285+ words) Truck leasing and rental company Milestone Equipment Co. is among the unsecured creditors, claiming more than $760,000, according to the P Judge & Sons filing. In the Orange Courier filing, a company “doing business as” Velocity Truck Rental and Leasing, which specializes…...
How recourse factoring impacts trucking cash flow and risk
9+ mon, 1+ week ago (288+ words) For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even months, for payment from brokers and shippers can…...