Working at Yellow Trucking Company has been an enriching journey filled with professionalism, reliability, and growth opportunities. As a driver, I've found Yellow to be more than just a workplace; it's a community committed to excellence.First and foremost, safety is paramount at Yellow. From...
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 ...
While the union agreed not to go on strike against Yellow, it could not reach an agreement on a new contract with the trucking company, according to a memo sent to local unions Thursday by the Teamsters' negotiating committee. The union said early Monday that it had been notified of the ...
“And Yellow was the only trucking company I know of where the truckers never had to sleep in their trucks; they would always put them up in a hotel room, which is a pretty big thing,” Maroon said. Overnight trips, though, were a relative rarity for Yellow drivers, which made ...
Check out what's clicking on FoxBusiness.com Yellow Trucking has filed forchapter 11 bankruptcyand will wind down its operations in the coming months, the company announced Monday. Yellow, a nearly 100-year-old company, wasstruggling to remain afloatamid mounting debt and a bitter struggle with...
“We faced nine months of union intransigence, bullying, and deliberately destructive tactics. A company has the right to manage its own operations, but as we have experienced, IBT leadership was able to halt our business plan, literally driving our company out of business, despite every effort...
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Yellow at one point was U.S.’s largest trucking company by sales after an acquisition spree in the early 2000s that saddled the company with debt. Then the financial crisis forced bondholders to swap debt for equity to keep the trucker afloat. Losses piled up and the company...
“We faced nine months of union intransigence, bullying and deliberately destructive tactics. A company has the right to manage its own operations, but as we have experienced, IBT leadership was able to halt our business plan, literally driving our company out of business, despite every effort ...
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 that are diversifying and building end-to-end fulfillment services. The deal, announced Thursday, co...