Zone Yellow News Today

A federal judge said the less-than-truckload (LTL) company failed to exhaust grievance procedures under the terms of the union contract.

The less-than-truckload shipper paid back a controversial Covid-era government loan six months after filing for bankruptcy.

Lawmakers hope to find a “going concern” bid to save the 30,000 jobs at stake in Yellow's bankruptcy and help the company repay creditors.

The less-than-truckload company extended both the bidding and auction deadlines for its trucks and trailers.

Estes Express Lines’ $1.525 billion bid sets the floor price for Yellow’s roughly 170 terminals for a potential bankruptcy auction.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Major Wall Street firms have jockeyed for pole positions to strip Yellow of its assets in a bankruptcy liquidation worth upwards of $2 billion.

Yellow’s $2 billion in assets will be a financial bonanza for Wall Street as 30,000 people are put out of work.

Yellow Corp. officially called it quits, announcing the filing of Chapter 11 bankruptcy, and blamed its demise on the union representing most of their employees

Yellow’s bankruptcy puts 30,000 workers out of their jobs and sets the stage for a looting of the company by Wall Street.