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Debt-ridden trucking giant Yellow reportedly shuts down - Vimarsana News

Debt-ridden trucking giant Yellow reportedly shuts down

Yellow Corp., one of the largest trucking companies in the country, shut down Sunday as it prepares to file for bankruptcy, the Wall Street Journal reported.

The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse - Vimarsana News

The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse

The 99-year-old company with 22,000 Teamsters drivers and a government loan nears bankruptcy

Source: wsj.com
Yellow in Talks to Sell Its Logistics Business - Vimarsana News

Yellow in Talks to Sell Its Logistics Business

The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing

Source: wsj.com
Yellow — one of the U.S.'s largest cargo carriers — reportedly nears bankruptcy - Vimarsana News

Yellow — one of the U.S.'s largest cargo carriers — reportedly nears bankruptcy

If Yellow files for bankruptcy and customers continue to take their shipments to other carriers, like FedEx or ABF Freight, prices will go up.

Trucker Yellow Lays Off a Swath of Its Workforce - Vimarsana News

Trucker Yellow Lays Off a Swath of Its Workforce

The debt-laden freight carrier dismissed parts of its sales force, business staff and IT workers as it prepares a bankruptcy filing

Source: wsj.com