Matt Wimberly, a Freight Markets Reporter from Freight Waves, states that the trucking industry is massive in California employing over 870,170. He found however in the past few months California’s political regime is…
According to FreightWaves News, the court case brought against CMA CGM by Lincoln Transportation, an LA port drayage company, took a positive turn as CMA CGM lost their court case. Lincoln Transportation has…
A new California law would hold retailers liable for working with port trucking companies that have unpaid judgements related to driver misclassificaiton lawsuits. To continue reading in Trucking Info, please click here
A new California law attempts to resolve a long-running dispute over wages and working conditions for port truck drivers by putting big retailers — who foot the freight bill — on the hook for labor violations by the cargo carriers.
On January 23, 2019, the Bankruptcy Court entered an order closing the bankruptcy case of Pac Anchor. This means that Pac Anchor is no longer under the supervision of the Bankruptcy Court and the bankrupt case is closed. Pac Anchor will continue to make the payments required under the Plan, but otherwise is free to operate normally.
On December 12, 2018, the court confirmed the Chapter 11 plan of reorganization (the “plan”) proposed by Pac Anchor and the official Committee of Unsecured Creditors. This means the Chapter 11 bankruptcy of Pac Anchor was a complete success.
