Minnesota trucking company hit in 2nd ransomware attack

A tractor-trailer of Minnesota trucking company Bay & Bay traveling on a highway.

After some of Minnesota trucking and logistics company Bay & Bay Transportation’s IT systems started acting up on Dec. 1, it soon became apparent that the cause was something familiar — and alarming: a ransomware attack. 

Hackers intent on extorting the Eagan-based carrier had deployed malware to encrypt data on the company’s systems. The company had been down this road before. A ransomware attack in 2018 crippled its systems and led the company to pay the criminals.

“The good part of it is we...

https://www.freightwaves.com/news/minnesota-trucking-company-hit-in-2nd-ransomware-attack

Comcar bankruptcy liquidation plan approved

A tractor-trailer a former Comcar Industries carrier MCT. It was sold in the Comcar bankcruptcy.

A federal judge approved plans to liquidate what little assets remain of bankrupt trucking company Comcar Industries: ostensibly real estate.

The Chapter 11 liquidation plan received approval on Wednesday in the U.S. Bankruptcy Court for the District of Delaware. The remaining assets will be sold through two trusts, with an expected recovery of $23.4 million, according to court filings

About $15 million will be available to creditors, according to liquidation analysis filed in the court in...

https://s29755.pcdn.co/news/comcar-bankruptcy-liquidation-plan-approved

FreightWaves Classics: Trucking companies’ names range from A to Z (Chapter 11)

A Brakebush Transportation tractor-trailer delivering poultry products. (Photo: Jim Allen/FreightWaves)

Deregulation of the U.S. trucking industry began in the late 1970s. Congress passed the Motor Carrier Act of 1980 and it was signed into law by President Carter on July 1, 1980. This ended 45 years of regulation by the federal Interstate Commerce Commission (ICC).

One of the most dramatic changes that occurred due to deregulation was the virtual explosion in the number of trucking firms. From 1980 to 1990, the number of licensed carriers doubled – from fewer than 20,000 to more than 40,000! 

Forty...

https://www.freightwaves.com/news/freightwaves-classics-trucking-companies-names-range-from-a-to-z-chapter-11

Explainer: why has the inventory of empty shipping containers built up in Australia?

Unfortunately, right now, empty container parks and empty container holding spaces in New South Wales have become chock-a-block with empty boxes. Even port precincts have become extra-busy and port operator NSW Ports has quite rightly imposed control measures to preserve safety. Empty container management is also becoming an issue elsewhere around Australia.

What is at the the heart of the problem?

COVID is at heart of the problem. Deprived of holidays, socialising with friends and nights out,...

https://shippingaustralia.com.au/explainer-why-has-the-inventory-of-empty-shipping-containers-built-up-in-australia/

FreightWaves Classics: Trucking companies range from A to Z (Part 6)

Deregulation of the U.S. trucking industry began in the late 1970s. Congress passed the Motor Carrier Act of 1980 and it was signed into law by President Carter on July 1, 1980. This ended 45 years of onerous regulation by the federal Interstate Commerce Commission (ICC).

One of the most dramatic changes that occurred due to deregulation was the virtual explosion in the number of trucking firms. From 1980 to 1990, the number of licensed carriers doubled – from fewer than 20,000 to more than...

https://www.freightwaves.com/news/freightwaves-classics-trucking-companies-range-from-a-to-z-part-6

FreightWaves Classics: Trucking companies’ names range from A to Z (Part 3)

Deregulation of the U.S. trucking industry began in the late 1970s. Congress passed the Motor Carrier Act of 1980 and it was signed into law by President Carter on July 1, 1980. 

One of the most dramatic changes due to deregulation was the virtual explosion in the number of trucking firms. From 1980 to 1990, the number of licensed carriers doubled – from fewer than 20,000 to more than 40,000! 

Forty years after the deregulation of the American trucking industry, truckinginfo.net estimates that...

https://www.freightwaves.com/news/freightwaves-classics-trucking-companies-names-range-from-a-to-z-part-2

FreightWaves Classics: Trucking companies’ names range from A to Z (Part 2)

Deregulation of the U.S. trucking industry began in the late 1970s. Congress passed the Motor Carrier Act of 1980 and it was signed into law by President Carter on July 1, 1980. 

One of the most dramatic changes due to deregulation was the virtual explosion in the number of trucking firms. From 1980 to 1990, the number of licensed carriers doubled – from fewer than 20,000 to more than 40,000! 

Forty years after the deregulation of the American trucking industry, truckinginfo.net estimates that...

https://www.freightwaves.com/news/freightwaves-classics-trucking-companies-names-range-from-a-to-z-part-2

FreightWaves Classics: Trucking companies’ names range from A to Z (Part 1)

An Affiliated Foods tractor-trailer rolls down the road.

Deregulation of the U.S. trucking industry began in the late 1970s. Congress passed the Motor Carrier Act of 1980 and it was signed into law by President Carter on July 1, 1980. 

One of the most dramatic changes due to deregulation was the virtual explosion in the number of trucking firms. From 1980 to 1990, the number of licensed carriers doubled – from fewer than 20,000 to more than 40,000! 

Forty years after the deregulation of the American trucking industry, truckinginfo.net estimates that...

https://www.freightwaves.com/news/freightwaves-classics-trucking-companies-have-names-from-a-to-z

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