#credit-risk
(5 articles)Noble Supply Bankruptcy: When Government Is Your Largest Creditor
US-based privately held logistics company Noble Supply & Logistics has filed for Chapter 11 bankruptcy, caught in a critical race between collecting receivables and depleting cash reserves. The compan
Tzaneros ACFS Debts Surge to $500M, Threatening Supply Chain Stability
Tzaneros' Australian Consolidated Food Services (ACFS) division has accumulated debts approaching $500 million, signaling serious financial distress at a critical logistics provider. This debt escalat
BMO Sale Ends Trucking Credit Transparency as Diesel Prices Surge
The sale of BMO's transportation lending unit to private equity firm Stonepeak represents a significant loss for supply chain transparency. For six to seven years, FreightWaves has tracked BMO's quart
UK Freight Firm Shuts Down Leaving Overseas Partners Unpaid
A freight forwarding company based in Leeds has been forced to shut down operations, creating a significant disruption for international logistics partners who were left with unpaid invoices. This inc
Middle-Market Suppliers Face 30-Day Cash Crunch
Middle-market companies, a critical backbone representing 75% of major enterprises' supply chains, are experiencing severe working-capital deterioration as cash conversion cycles have stretched nearly