"Today's news is unfortunate but not surprising. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government. This is a sad day for workers and the American freight indus...
"This is a sad day for workers and the American freight industry." The company received a $700 million government loan during the pandemic, as part of the COVID-19 relief program in 2020. Even so, its financial challenges continued to snowball, leading it to accumulate more than $1 ...
For generations, Yellow grew into a freight giant that touched almost every corner of the American economy, becoming one of the top 10 freight carriers in the country, grossing over $6 billion in 2022. But a series of corporate events, from mismanagement to malfeasance, took the company ...
Most Recent Stories More News Yellow fallout apparent in Saia’s August numbers FreightWaves - Tue Aug 15, 2023 Less-than-truckload carrier Saia sees freight surge in the first two weeks of August. The post Yellow fallout apparent in Saia’s August numbers appeared first on FreightWaves . ...
Yellow employees took great pride in servicing customers from big box stores to small family businesses across America. Its 30,000 freight professionals, both union and non-union employees, were the unsung heroes throughout the pandemic, delivering goods to every state, ensuring that our supply cha...
manufacturers and uber freight, some of which have paused cargo shipments to the company for fear those goods could be lost or stranded if the carrier goes bankrupt. in 2020, the donald trump led government rescued the company with a $700 million pandemic relief loan in exchange for a 30% ...
YRC Freight was informed that the government filed a Complaint in Intervention related to the company’s charges for shipments tendered to it for transport during a period prior to 2013. Business with theU.S. Department of Defensecurrently represents less than one percent of YRC Freight’s...
Freight service company Yellow Roadway Corp. has expanded its supply relationship with the tire manufacturer Michelin North America Inc., tapping the Greenville, South Carolina-based company to supply "well over half" its tire, retread and tire service needs. The deal follows Yellow Roadway's ...
2019 also brought top honors fromInbound Logisticsmagazine and Women in Trucking, who recognized YRC Freight as a Top 100 Trucker and aTop Companyfor Women to Work for in Transportation, respectively. Additionally, YRC Freight was recognized asGlobalTranz2019 Carrier of the Year, Cro...
ForwardingTrucking NewsLTL William B. Cassidy, Senior Editor | Sep 14, 2023, 5:55 PM EDT printmail In a deal that will greatly expand its global reach, US trucking provider Estes is purchasing an international freight forwarder and brokerage business, joining logistics providers in various modes...