Morning Minute | May 7, 2025
This week's episode highlights the news that Detroit-based grocery carrier SFD Transportation filed for Chapter 11 bankruptcy, joining a larger case with its parent company and several subsidiaries. The 300-truck carrier estimated assets between $1 billion and $10 billion but liabilities ranging from $500 million to $1 billion. We also look at the April Logistics Managers Index (LMI), which reported mixed transportation metrics. Capacity ticked higher by 1.6%, but utilization reached its lowest level since November 2023, even as prices grew sequentially. In fuel news, the benchmark…
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