Close Menu
Crypto Journal PostCrypto Journal Post
  • Home
  • Bitcoin
  • Blockchain
  • Ethereum
  • Forex
  • Mining
  • News
  • NFT
  • Tether
What's Hot

Determine Expertise: Mortgage Originations Are Doubling, Fueling 60%+ EBITDA Margin Expectations

August 18, 2026

World Bond Yields Spike to Multi-Decade Highs

August 18, 2026

Shares making the most important strikes noon: META, AMLX, BIDU, KLAR

August 18, 2026
Facebook X (Twitter) Instagram
Crypto Journal PostCrypto Journal Post
  • Home
  • Bitcoin

    Toyota Finance opens tokenized bonds to retail buyers by way of cellular fee app

    August 18, 2026

    Kraken Launches US Inventory Buying and selling Throughout European Financial Space

    August 18, 2026

    China provides 8 banks to digital yuan community as operator depend hits 30

    August 18, 2026

    Vantage Expands Pre-IPO CFD Providing with Unitree Robotics as Curiosity in Frontier AI Grows

    August 18, 2026

    Ethereum Basis warns some instruments could break with Glamsterdam improve

    August 18, 2026
  • Blockchain

    COIN Value Prediction: Bears Maintain the Keys Beneath $151 — Can Good Cash Defend $146?

    August 18, 2026

    HOOD Worth Prediction: $92 Help Is the Final Line Earlier than a $86 Flush

    August 18, 2026

    PLTR Value Prediction: 70% Brief Positioning Units Up a Violent Coil — Which Method Does It Snap?

    August 18, 2026

    Binance Pay Expands to three,700+ Retailers in Bhutan with DK Financial institution

    August 18, 2026

    Binance Presents VIP 6 Perks for As much as Six Months

    August 18, 2026
  • Ethereum

    Ethereum Quantum-Proof Account Proposal May Make Pockets Safety Low-cost

    June 15, 2026

    XRP Eyes $1.20 Breakout As Upbit Flows Hit Highest Share Since Might 2024

    June 15, 2026

    Ethereum Ecosystem Milestone: On-Chain Exercise Throughout The Community Explodes To Historic Ranges

    June 12, 2026

    Ethereum Whales Keep Lively As Retail Participation Collapses – Historical past Affords A Clue

    June 11, 2026

    Ethereum By no means Reached A Key Bull Market Mark This Cycle

    June 10, 2026
  • Forex

    World Bond Yields Spike to Multi-Decade Highs

    August 18, 2026

    Pentagon weighing a smaller US army presence within the Gulf as soon as the Iran struggle ends

    August 18, 2026

    Booming costs face provide dangers – Commerzbank

    August 18, 2026

    Occasion Information: U.Okay. CPI Report (July 2026)

    August 18, 2026

    ADP weekly NER pulse 9.50K vs 8.25K prior

    August 18, 2026
  • Mining

    Free Cloud Mining Instruments for New Crypto Customers in 2025

    November 26, 2025

    China’s Bitcoin Hashrate Jumps To 14%, Securing third Place Globally

    November 26, 2025

    High 10 Free Crypto Mining Web sites: Newbie-Pleasant Platforms With Actual BTC Earnings

    November 26, 2025

    Residents vow to proceed struggle in opposition to crypto mining noise

    November 26, 2025

    Bitcoin miner CleanSpark experiences report income for FY 2025 amid broader AI shift

    November 26, 2025
  • News

    S&P Downgrades Tether’s USDT Stability to ‘Weak’ Because of Bitcoin Backing Issues

    November 26, 2025

    Tether’s Capacity to Maintain Greenback Peg Rated ‘Weak’ by S&P

    November 26, 2025

    Tether’s USDT stability rating lower to 'weak' stage as S&P says reserves can’t take up bitcoin drop

    November 26, 2025

    JPMorgan reveals new Bitcoin goal amid market pullback

    November 26, 2025

    Bitcoin evaluation sees $89K brief squeeze with S&P 500 2% from all-time excessive — TradingView Information

    November 26, 2025
  • NFT

    Technique Builds $4.8B Money Reserve and Repurchases $132M in Most well-liked Inventory

    August 18, 2026

    Chainalysis Sues U.S. Authorities Over $94.7M Contract Award to TRM Labs

    August 18, 2026

    Trump-Backed World Liberty Wins Conditional U.S. Financial institution Constitution Trump-Backed World Liberty Wins Conditional U.S. Financial institution Constitution

    August 17, 2026

    Trump to Host Main White Home Crypto Assembly as U.S. Regulatory Push Enters Crucial Part

    August 17, 2026

    Tether Says KPMG Accomplished Full Audit Behind Over $180B USDT Stablecoin Tether Says KPMG Accomplished Full Audit Behind Over $180B USDT Stablecoin

    August 16, 2026
  • Tether

    Tether will get unqualified KPMG opinion in first full audit

    August 13, 2026

    TRON crosses 15B transactions as TRX eyes breakout

    August 4, 2026

    Tether’s $1.5 billion Q2 revenue and the reserve buffer downside

    August 1, 2026

    Tether Q2 revenue hits $1.5B as USDT provide grows

    July 31, 2026

    Visa CEO downplays Open USD menace to Tether and USDC

    July 30, 2026
Crypto Journal PostCrypto Journal Post
Home»Business»Vantage Provider claims $1.3M unpaid by R&R, RFX as lawsuits mount
Business

Vantage Provider claims $1.3M unpaid by R&R, RFX as lawsuits mount

EditorBy EditorFebruary 1, 2026No Comments4 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Vantage Provider claims .3M unpaid by R&R, RFX as lawsuits mount
Share
Facebook Twitter Pinterest Email Copy Link


A Florida-based motor service is accusing RFX, LLC and R&R Categorical, Inc., subsidiaries of R&R Household of Firms, of failing to pay for greater than 600 accomplished freight shipments, based on a federal lawsuit filed Jan. 22.

The criticism, Vantage Provider LLC v. RFX, LLC et al., was filed within the U.S. District Court docket for the Western District of Pennsylvania, the venue specified within the events’ broker-carrier settlement.

Vantage alleges it hauled freight for RFX and R&R Categorical all through 2025 beneath a contract requiring fee inside 30 days of bill and proof of supply, however was by no means paid for a whole bunch of shipments.

In line with the submitting, unpaid invoices gathered over the course of the yr and finally totaled greater than $1.34 million, excluding curiosity and prices. Vantage asserts claims for breach of contract, unjust enrichment and accounts said.

The lawsuit goes past nonpayment allegations, claiming that RFX and R&R Categorical operated as a single enterprise, sharing workplaces, staff, property and e mail infrastructure on the identical Commerce Drive handle in Pittsburgh.

The Vantage Provider LLC criticism additional alleges RFX was undercapitalized and that funds have been siphoned internally whereas service invoices remained unpaid.

The case marks at the very least the third carrier-related lawsuit filed in opposition to R&R-affiliated entities in latest weeks, following earlier actions by Jimenez Logistics and lender Huntington Nationwide Financial institution.

An proprietor of a Texas-based motor service, who requested anonymity, informed FreightWaves that his firm stopped receiving funds from RFX in September 2025 regardless of persevering with to haul hundreds.

“Up till then, funds had been common,” the service stated. “Then they simply stopped. I saved calling and emailing and obtained nothing again.”

The service stated 5 invoices totaling roughly $2,500 stay unpaid, and that the dealer he had handled for months abruptly left RFX, telling him he was being harassed over fee points.

Whereas the greenback quantity in that case is smaller in contrast with the Vantage lawsuit, the service stated the expertise highlights the vulnerability of small operators when brokers fail.

“I don’t perceive how an organization this massive solely has a $75,000 bond,” he stated. “For a small service, even just a few thousand {dollars} can damage.”

The Vantage lawsuit comes as court docket filings in a separate Florida case allege R&R and affiliated debtors gathered as a lot as $65 million in unpaid commerce payables whereas persevering with to function by way of late 2025. These payables primarily embody unpaid service and factoring firm claims, based on the submitting.

A freight business skilled with data of R&R’s operations, talking on background, stated the size of unsecured publicity presents main challenges for the trucking business.

“On the finish of the day, everyone knows the exhausting work, fastened prices and precarious margins on which small trucking corporations and owner-operators exist,” the particular person stated. “Sixty-five million {dollars} of unpaid claims is staggering. At roughly $1,800 per load, that’s greater than 36,000 hundreds that now need to be sorted out.”

Past unpaid invoices and litigation, former staff say the collapse of R&R Household of Firms might carry vital workforce penalties. At its peak, R&R immediately employed greater than 500 W-2 employees throughout its brokerage, trucking and logistics entities, based on former staff.

As well as, former R&R managers and gross sales employees stated the corporate additionally relied closely on impartial contractors and commissioned brokers, estimating that as many as 500 further employees operated as 1099 contractors throughout its community. Former staff stated lots of these employees misplaced earnings abruptly when operations shut down.

The fallout might prolong additional to small trucking corporations and owner-operators, lots of which are actually carrying unpaid invoices and will face extreme monetary pressure as they try to soak up the losses.

Considerations about fee publicity have additionally surfaced past R&R’s personal subsidiaries.

In an interview with the Jacksonville Enterprise Journal, Mike Williams, former president and CEO of AGX Freight Group, stated AGX’s abrupt shutdown final week was triggered after Huntington Nationwide Financial institution restricted entry to working capital, a transfer he stated stemmed from litigation involving R&R Categorical, Inc.

Williams stated AGX was pressured to stop operations inside days of shedding entry to its revolving credit score facility, presumably underscoring how credit score actions tied to R&R’s monetary troubles reverberated throughout counterparties.

Huntington has alleged in its Florida lawsuit that R&R and affiliated debtors continued working whereas bancrupt, a declare R&R has not publicly addressed.

No chapter submitting by R&R or its subsidiaries has been confirmed as of publication.

The put up Vantage Provider claims $1.3M unpaid by R&R, RFX as lawsuits mount appeared first on FreightWaves.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Editor
  • Website

Related Posts

Business

Quantexa considers itemizing in UK or US markets

August 18, 2026
Business

Ackman simply walked away from Google

August 18, 2026
Business

Rep Mike Lawler says Hochul’s knowledge middle pause harms NY enterprise

August 18, 2026
Business

Earnings name transcript: Prenetics posts Q2 2026 EPS beat as income misses

August 18, 2026
Business

Wall Avenue clearly loves Google inventory, 13F filings reveal

August 18, 2026
Business

ChatGPT for teenagers provides examine mode, parental controls and security instruments

August 18, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Determine Expertise: Mortgage Originations Are Doubling, Fueling 60%+ EBITDA Margin Expectations

August 18, 2026

World Bond Yields Spike to Multi-Decade Highs

August 18, 2026

Shares making the most important strikes noon: META, AMLX, BIDU, KLAR

August 18, 2026

Quantexa considers itemizing in UK or US markets

August 18, 2026
Latest Posts

Subscribe to News

Get the latest sports news from NewsSite about world, sports and politics.

CryptoJournalPost is your trusted daily source for insightful, accurate, and up-to-date news in the fast-moving world of cryptocurrency and blockchain.

Latest Posts

Determine Expertise: Mortgage Originations Are Doubling, Fueling 60%+ EBITDA Margin Expectations

August 18, 2026

World Bond Yields Spike to Multi-Decade Highs

August 18, 2026

Shares making the most important strikes noon: META, AMLX, BIDU, KLAR

August 18, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2026 Crypto Journal Post. All rights reserved
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service

Type above and press Enter to search. Press Esc to cancel.