Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here's what to know – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
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After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers...
Yellow has gotten "billions of dollars in worker concessions and hundreds of millions in bailout funding,” Teamsters general president Sean O’Brien said.
The company shut down operations on Sunday following the layoffs of hundreds of nonunion employees on Friday.
NEW YORK — Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports.