Trucking company Yellow is shutting down after taking a $700 million federal pandemic loan three years ago. The closure would mean the loss of approximately 30,000 jobs — 22,000 of them Teamsters.
Next Century Logistics Inc. submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt less-than-truckload carrier was turned down by the administrators of ...
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business. “Yellow Logistics is one of the ...
U.S. trucking giant Yellow Corp. has announced that it has declared bankruptcy following a tense standoff with the Teamsters Union and after a massive pandemic-era federal loan failed to stave off the ...
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