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 ...
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...
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...
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...
Yellow declines offer that could have saved bankrupt trucking company - reportSA NewsThu, Dec. 07, 2023182 Comments Saia, XPO emerge as winning bidders as Yellow Corp's assets go for Chapter 11 bankruptcy saleSA NewsTue, Dec. 05, 202353 Comments Yellow Corp. could be saved by car transport...
Corporation in February 2021. Yellow Corporation was founded in 1924 and is based in Overland Park, Kansas . 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 ...