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Some Yellow freight customers face post-bankruptcy sticker shock -analysts

Former customers of bankrupt trucking firm Yellow can expect to see rates rise at least 10%-20% from the rock-bottom levels that helped usher in the demise of that nearly 100-year-old firm, industry analysts and executives said on Friday. Yellow, formerly known as YRC, was one of the largest U.S. trucking firms and a leader in the "less-than-truckload" (LTL) market that combines shipments from multiple customers on a single truck. Rivals who are picking up Yellow's business say ...
United States Thomas Schmitt Ken Adamo Los Angeles Chris Pickett Lisa Baertlein
Source: yahoo.com

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