A major trucking company ceasing operations is leaving thousands without jobs, including those in Central PAYellow Corp, a nearly 100-year-oldtrucking company has halted operations and filed for bankruptcy.
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Trucking firm Yellow Corp. files for bankruptcy, ceases all operationsThe Nashville, Tennessee-based company is one of the nation's largest less-than-truckload carriers.
Source: wrtv - 🏆 598. / 51 Read more »
Yellow Corp demise seen boosting rates for rival US truckersThe operational shutdown of Yellow Corp , a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said.
Source: Reuters - 🏆 2. / 97 Read more »
Indy 'Yellow Corp' drivers say they're upset, but not surprised by layoffsThe halt of one of the nation's largest trucking companies has left around 200 people in the Indianapolis area without a job.
Source: wrtv - 🏆 598. / 51 Read more »
Teamsters say Yellow Corp. is ceasing operations, filing for bankruptcyAn official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift for the U.S. transportation industry and shippers nationwide.
Source: chicagotribune - 🏆 8. / 91 Read more »