Pilot Flying J told Business Insider that there's been some 'weakness' in the credit market of their fuel card business.
Truck drivers have been clobbered with falling rates in 2019. There has also been a spate of trucking companies that have gone bankrupt. And a classic sign that more trucking bankruptcies are on the horizon is emerging — increased delinquencies in paying off fuel cards. Pilot Flying J, one of the largest trucking fuel card providers and America's largest truck stop provider, confirmed Business Insider that there's been"weakness" in the credit market.
Truck drivers have been clobbered with falling rates in 2019. There has also been a spate of trucking companies that have gone bankrupt. And a classic sign that more trucking bankruptcies are on the horizon is emerging — increased delinquencies in paying off fuel cards. Pilot Flying J, one of the largest trucking fuel card providers and America's largest truck stop provider, confirmed Business Insider that there's been"weakness" in the credit market.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Cathay Pacific suspends pilot for involvement in Hong Kong protestsCathay Pacific shares fell more than 4% on Monday. It came days after the carrier announced it had suspended a pilot for his involvement in Hong Kong's anti-government protests.
Consulte Mais informação »
Breakingviews - Cathay Pacific yields to its Beijing co-pilot(Reuters Breakingviews) - Beijing officials have crowded the cockpit at Cathay P...
Consulte Mais informação »
Cathay Pacific yields to its Beijing co-pilotCathay Pacific is allowing China to vet staff flying to and over the mainland, as anti-government protests heat up at home. The airline and its parent company, Swire Pacific, are especially vulnerable to such interference. ClaraMarquesRTR
Consulte Mais informação »
FAA investigating former air ambulance pilot who allegedly fell asleep at controlsThe Federal Aviation Administration is investigating an incident in which an air ambulance pilot allegedly fell asleep at the controls.
Consulte Mais informação »
Denise Richards Says She Told Her Daughters She Was In PlayboyIt's just one sign of her super-open relationship with her children.
Consulte Mais informação »
More than a dozen cable cars plummet to the ground near Vancouver, police suspect lines intentionally cut'At this time the location is a crime scene, and we need to make sure it's safe,' officers said of the Sea to Sky Gondola, a tourist attraction in Squamish, British Columbia.
Consulte Mais informação »