Yellow handles pallet-sized shipments of freight, moving shipments from numerous customers in the same truck, a segment of the trucking industry known as less-than-truckload, or LTL. The company had been claiming as recently as June that it was the nation's third largest LTL carrier. But t...
"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 ...
The bankruptcy also came amida freight recessionwhich has pressured the business models for many players in the trucking space and led to multiple rounds of layoffs and failures. “No one is missing Yellow,” Vieth said. “They went out of business at the bottom of a freight cycle when...
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A half dozen more HOODS are gathered in front of the freight elevator when CHEV appears behind them, taking everyone by surprise. He's standing over KAYLO'S body, gun drawn, EVE'S beaded purse still slung over his shoulder, PISSING FIRE. CHEV Alright, where is that motherfucker? The ...