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...
Roper, who turns 59 in October, said he's not ready to retire and has already started applying for jobs elsewhere. But the kind of trucking job he had at one of Yellow's regional carriers — the kind that lets him see his family every night — is difficult to find in the trucking ...
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 ...
FOX Business Flash top headlines for August 7 Check out what's clicking on FoxBusiness.com 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...
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...
trucking company xpo inc won a bid to buy 28 service centers of bankrupt yellow corp for $870 million in a closely watched auction of the nearly 100-year-old firm's assets. xpo shares were down 3.8% in morning trade amid weakness in broader markets. yellow, formerly kno...
Here's what could happen next to Amazon shares. AMZN Business and Finance Breaking News 6 hours ago Another huge retail chain prepares to file for bankruptcy The popular retail chain plans to sell its assets or file for Chapter 11 bankruptcy. ...
Hawkins explained that Yellow intends to “wind down [its] business, maximise recoveries for creditors, and pay back the CARES Act loan in full”. Yellow claims that it is committed to helping its employees find new work and has partnered with the American Trucking Associations (ATA) to launch...
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...
The eighties brought many challenges to the company due to the downturn of the Ag Industry, although the company was fortunate to have diversification with the trucking industry and started production of the Ford CL-9000 Aluminum Truck Cab in 1987. McLaughlin was first in the cab industry to ut...