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 ...
Yellow Trucking has filed for chapter 11 bankruptcy and will wind down its operations in the coming months, the company announced Monday. Yellow, a nearly 100-year-old company, was struggling to remain afloat amid mounting debt and a bitter struggle with unionized workers. Its bankruptcy filing ...
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’s management sought to save the company by combining its different trucking units, which mostly have operated separately since the acquisitions, a plan that would have increased efficiency. To implement the plan, Hawkins needed the union to sign off on the changes. The two si...
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Yellow declines offer that could have saved bankrupt trucking company - reportSA NewsThu, Dec. 07, 2023174 Comments Saia, XPO emerge as winning bidders as Yellow Corp's assets go for Chapter 11 bankruptcy saleSA NewsTue, Dec. 05, 202352 Comments Yellow Corp. could be saved by car transport...