Hedge fund MFN and its affiliate objected to confirmation of the plan because they believe the unsecured creditors will have too much influence on where the funds are dispersed.
November 18, 2025Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow whats happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
CBP Sting in New York Hands 30 CDL Holders to ICE
The Nov. 8-11 dragnet, called Operation Bear Cave, focused on intercepting immigrants holding state-issued CDLs but who lacked permanent legal status driving commercial vehicles.
November 18, 2025China Ramps Up Purchases of US Soybeans After Pause in Trade
The U.S. Department of Agriculture on Nov. 18 announced the sale of 792,000 tons of soybeans to China for the 2025-2026 marketing year, the biggest daily purchase in two years.
November 18, 2025NTSB Finds 2 Blackouts Disabled Ship That Hit Key Bridge
Investigator Todd Gianelloni said the NTSB believes that if the crew had used infrared thermal imaging to inspect the connections, theloose critical wiremight have been discovered ahead of time.
November 18, 2025FMCSA Wants More Details From California on CDL Compliance
Agency's letter to the state Department of Motor Vehicles outlined a series of actions California must take to rectify what FMCSA has determined are problematic processes and systems.
November 18, 2025Mexico Concedes Airport Slots to US for Travel, Freight
Sheinbaum said that talks with U.S. carriers will go on but the feeling is that cargo airlines are satisfied with the agreement over slots at two airports.
November 18, 2025NTSB Set to Vote on Cause of Baltimore Bridge Disaster
The vote is scheduled a day after Maryland officialsmore than doubled the estimated costto replace the bridge and added two years onto the projected completion date to 2030.
November 18, 2025US-China Trade Truce May Ease Logistics Costs, DP World Says
It will definitely be positive for the cost of logistics, said Mohammed Akoojee. Up until now, the trade war has increased the cost of logistics in terms of freight rates and duties.
November 18, 2025Lending Firm Raistone Seeks Rescue After First Brands Demise
Trade finance platform Raistone is looking to sell itself after the collapse of its biggest client, auto parts supplier First Brands Group.
November 18, 2025Duffy Vows to Fight Courts Pause on Non-Domiciled CDLs
"We wont stop fighting to keep dangerous, unqualified truck drivers off the road," Transportation Secretary Sean Duffy said in a post on X.
November 17, 2025Trending
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