u.s. trucking firm yellow is preparing to file for bankruptcy, the wall street journal reported on wednesday, as customers abandon the company amid a cash crunch and union negotiations. the company could seek bankruptcy court protection as soon as this week, though no decision has been made, ...
Yellow Corporation has ceased operations and filed voluntary Chapter 11 petitions of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware for the Companyâs planned operational wind-down. ...
Trucking company Yellow survived several brushes with bankruptcy in the past two decades but could not pull through its latest crisis. The 99-year-old less-than-truckload (LTL) carrier, which hauled nearly 50,000 shipments a day in 2022, shut its doors over the past several days and closed...
Latest on ARCB: This Freight Co Has Legs Ratings Summary Sorry, this data cannot be displayed at the moment. Factor Grades Sorry, this data cannot be displayed at the moment. YELLQ Company Profile Yellow Corporation does not have significant operations. Previously, the company provided various...
Yellow Corp. may get better terms on a bankruptcy loan than it had going into the Sunday filing. The post Yellow searching for better bankruptcy financing terms appeared first on FreightWaves . APO:173.00(+0.38%) YELL:1.1000(-29.03%)
The International Brotherhood of Teamsters balked at Yellow Corp.’s efforts to blame the union for financial woes that sent the short-haul trucker spiraling intobankruptcy. Teamsters president Sean O’Brien said August 7 that the union “sacrificed billions” to keep Yellow afloat even...
and certain of its affiliates, including YRC Inc. (d/b/a YRC Freight), USF Holland, USF Reddaway, New Penn Motor Express, YRC Enterprise Services, and Yellow Logistic (together “Yellow”), filed voluntary petitions for relief under Chapter 11 of Title 11 of the U.S. Bankruptcy Code. ...
(d/b/a YRC Freight), USF Holland, USF Reddaway, New Penn Motor Express, YRC Enterprise Services, and Yellow Logistic (together “Yellow”), filed voluntary petitions for relief under Chapter 11 of Title 11 of the U.S. Bankruptcy Code....