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NEW YORK (AP) — Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow […]
The company shut down operations following hundreds of layoffs.
The trucking company's reported closure puts 30,000 jobs at risk.
Yellow Corp. Trucks are seen at a YRC Freight terminal Friday, July 28, 2023, in Kansas City, Mo. After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers – heightening risk for future liquidation. While no official decision has be
The trucking company's reported closure puts 30,000 jobs at risk.