iGEN
Visit IGEN World Explore IGEN Expo
EXPLORE UPGRADE PLANS
BREAKING
CPKC sets second-quarter revenue record as operating income rises 10% Your Freight Funnel Is Leaking Margin: What Your Reports Won't Show Transponders Off: Saudi Crude Tankers for India Exit Red Sea 'Dark' to Avoid Houthi Blockade Nvidia’s Open Source Alliance Snubs OpenAI and Anthropic, Deepening AI Rift For the First Time, Zoox Can Charge People for Rides in Its Steering-Wheel-Free Robotaxis Chrome's AI-Driven Bug Hunt Spurs Twice-a-Week Security Patches, Google Reports Domestic Sugar Prices to Remain Firm in Short-Term, Says Triveni Engineering Saia’s Softer Q3 Margin Guidance Triggers 12% Share Drop Despite Record Q2 Results Buffalo meat and non-basmati rice lead 14% surge in India's Q1 agri exports Mahindra & Mahindra Records 34% Profit Jump Despite Commodity Cost Headwinds CPKC sets second-quarter revenue record as operating income rises 10% Your Freight Funnel Is Leaking Margin: What Your Reports Won't Show Transponders Off: Saudi Crude Tankers for India Exit Red Sea 'Dark' to Avoid Houthi Blockade Nvidia’s Open Source Alliance Snubs OpenAI and Anthropic, Deepening AI Rift For the First Time, Zoox Can Charge People for Rides in Its Steering-Wheel-Free Robotaxis Chrome's AI-Driven Bug Hunt Spurs Twice-a-Week Security Patches, Google Reports Domestic Sugar Prices to Remain Firm in Short-Term, Says Triveni Engineering Saia’s Softer Q3 Margin Guidance Triggers 12% Share Drop Despite Record Q2 Results Buffalo meat and non-basmati rice lead 14% surge in India's Q1 agri exports Mahindra & Mahindra Records 34% Profit Jump Despite Commodity Cost Headwinds
Home ›› Topics ›› cash crunch

Topic

cash crunch

2 stories
US Postal Service Averts Immediate Shutdown but Faces Liquidity Crisis by 2031, Warns Postmaster General Logistics
Last Mile Delivery #usps#postal service

US Postal Service Averts Immediate Shutdown but Faces Liquidity Crisis by 2031, Warns Postmaster General

The U.S. Postal Service has avoided a 2027 shutdown through deferrals, but Postmaster General David Steiner told a Senate panel that the agency is nearly $31 billion in debt with only $8.9 billion cash on hand. Mail volume has halved since 2000, while addresses grow by 1 million annually. Steiner presented a stark choice: allow USPS to operate independently or subsidize universal service to support a $2 trillion mailing industry.

Jun 25, 2026 1 source
SpiceJet's cash crunch deepens: pilots unpaid since March, airline seeks emergency loan Finance
Corporate Finance #spicejet#cash crunch

SpiceJet's cash crunch deepens: pilots unpaid since March, airline seeks emergency loan

SpiceJet pilots and employees have not received salaries since March, according to internal messages reviewed by Reuters. The airline is seeking an emergency loan under India's Emergency Credit Line Guarantee Scheme to stabilise operations, while citing the Middle East crisis as a factor affecting cash flows and fuel costs.

Jun 14, 2026 1 source