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 ...
BROOKLYN, Ohio — A week after shuttering its terminals in Brooklyn, Richfield and Copley, trucking giant Yellow Corp. filed for Chapter 11 bankruptcy protection on Sunday. A week earlier, the company, ...
(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 ...
After ceasing operations nationwide at the end of last month, ailing trucking giant Yellow Corporation finally filed for bankruptcy protection on Sunday. Court filing lists total assets of $2.15 ...
Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers. The Nashville-based logistics provider announced ...
Yellow Corporation, which operates one of the largest trucking companies in the United States, has filed for chapter 11 bankruptcy protection. The bankruptcy follows a $700 million government loan and ...
NEW YORK — Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers ...
Yellow, one of the nation’s largest freight and trucking companies, announced it is shutting down, leading to one of the largest mass layoffs in recent history and potential shipping cost increases.
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 ...
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 ...