Morning Minute | November 11, 2025
The growing list of bankruptcies in trucking has caught up a significant new participant from the freight tech part of the business, as VC-backed Zuum files for chapter 11 protection with assets and liabilities listed in the range of $10 million to $50 million. The US Trade Representative officially announced the one-year suspension of port fees on Chinese ships docking at American ports. This suspension, effective until November 10, 2025, is part of a wide-ranging trade agreement where China simultaneously dropped retaliatory fees on U.S.-flagged vessels. A legislative package designed…
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