The Russia/Ukraine conflict has pushed oil prices above $100 USD per barrel, further impacting the profitability, or lack thereof, of the airline industry. We identify airlines most at risk of bankruptcy.
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American freight transporter Yellow Corporation has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
Keep on truckin'? American freight transporter Yellow Corporation could be on the road to bankruptcy as it is rapidly running out of cash even after securing a $700 million bailout in 2020.
Shipping company Rand Logistics, Inc., drowned in a proverbial sea of debt in the months leading up to their January 2018 bankruptcy.
Deep cracks are surfacing in global corporate debt markets. The timing of corporate bankruptcies is always difficult to predict, yet FRISK® score trends show that the odds of a bankruptcy wave have measurably increased.
The automotive industry faces financial distress, with rising consumer auto loan defaults, supplier bankruptcies, and widespread high-risk conditions. Recent PAYCE® Score data from SupplyChainMonitor™ revealed four private company bankruptcies and identified over 600 U.S. automotive firms in High Risk status. Sourcing professionals can map suppliers, monitor financial health, and receive early alerts on critical disruptions - such as the Novelis plant fire and financial strain at HP Pelzer and Superior Industries.
SupplyChainMonitor forewarned of Yellow Corporation’s high bankruptcy risk via the FRISK® score, all while our peer analysis within SupplyChainMonitor provided clients with the tools to find the best trucking alternatives to prevent future disruptions.
Armed with CreditRiskMonitor’s SupplyChainMonitor product, procurement teams worldwide are restructuring by onshoring, nearshoring, and avoiding increasingly risky countries.
Keep your brains about you: if it looks like a zombie, acts like a zombie, and reports like a zombie, it is probably a zombie.