US-based less-than-truckload carrier Yellow Corporation has filed for bankruptcy as the company prepares for its “planned operational wind-down”. Transporting shipments for major US brands including Walmart and Home Depot, Yellow has been operating for almost a century. The firm’s Chief Executiv...
Yellow, a nearly 100-year-old trucking company that received a $700 million bailout during the pandemic, has filed for bankruptcy amid fruitless union negotiations and over $1 billion in debt. The Chapter 11 protection, filed in U.S. Bankruptcy Court in Delaware on Sunday, comes a week ...
Less-than-truckload carrier Yellow Corp. on Sunday filed for bankruptcy, putting to end the 99-year-old trucking firm. The post Yellow files for bankruptcy appeared first on FreightWaves . YELL:1.1000(-29.03%) XPO:153.36(-0.76%) XPO to ramp up capacity to fill Yellow voidFreightWaves - Fri...
On August 6, 2023, Yellow Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.More... Sector Industrials Industry Cargo Ground Transportation Employees 30,000 Founded 1924 Address 11500 ...