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A U.S. district court in Kansas may ultimately determine Yellow’s fate on Friday. The post Yellow’s fate likely in hands of Kansas district court appeared first on FreightWaves.
Yellow contends that it is IBT leadership who has failed the 22,000 Teamsters employed by Yellow and the 8,000 non-union employees.
On the verge of bankruptcy, Yellow is deep in debt and is unable to pay for workers’ benefits as Wall Street demands deeper cuts.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Yellow contends that it is IBT leadership who has failed the 22,000 Teamsters employed by Yellow and the 8,000 non-union employees.