The nearly 100-year-old less-than-truckload carrier and its subsidiaries file for bankruptcy as the fleet's CEO blames the Teamsters union, which represented thousands of Yellow truck drivers, for ...
The fate of U.S. trucking company Yellow Corp. isn’t looking good.After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers — ...
After decades of struggling financially and each time pulling through, Yellow ceased operation July 30, and over the weekend filed for Chapter 11 bankruptcy protection. The shutdown and now bankruptcy ...
Losses, debt, and a labor union standoff drove the nearly 100-year-old trucking company Yellow (YELL) to file for bankruptcy on Sunday. Shares of the third-largest less-than-truckload (LTL) carrier ...
(Reuters) -Some 30,000 workers at Yellow Corp were looking for jobs on Monday after the major trucking company filed for Chapter 11 bankruptcy protection, potentially saddling U.S. taxpayers with ...
Yellow on Sunday night announced the company had filed Chapter 11 bankruptcy, officially putting to rest weeks, if not years, of speculation of its financial demise. “It is with profound ...
Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing for the nearly 100-year-old company to wind down ...