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.
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Brazilian airliner Gol Linhas Aereas Inteligentes SA is now bankrupt, grounded by massive debt incurred in the wake of the COVID-19 pandemic.
In this audio interview, CreditRiskMonitor CEO Jerry Flum speaks to SupplyChainBrain's Bob Bowman about crowdsourcing and the unique nature of credit managers' behavioral data.
In this Distressed Supplier Report, the near-term fate of Enviva, Inc. is discussed: why this supplier is in trouble, which SupplyChainMonitor™ features are unearthing Enviva's hidden dangers, and the contingency plans procurement professionals must make to keep their supply chain intact in the face of the company's ballooning financial risk level.
When the soda machine eats your money, you get frustrated. When a machine vendor like Frigoglass S.A. racks up major debt, creditors must adjust fast before the machine gobbles up millions in extended credit, never repaid in full.
Ben Unglesbee of RetailDive leverages CreditRiskMonitor FRISK®️ score data to examine the current financial health of mega retailer Neiman Marcus Group LTD LLC.
Clovis Oncology, Inc. has filed for bankruptcy due to the combination of poor sales tied to its cancer drug, Rubraca, and a significant debt load.
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.