News Formal

What happens after the collapse of a 99-year-old trucking company?

  • 📰 wsyx6
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Yellow blamed the Teamsters union for its demise, though outside analysts pointed to years of longstanding problems as important factors.

A trailer sits at a Yellow Trucking Company facility in South Bend on Tuesday. The Teamsters Union says Yellow Trucking is filing for bankruptcy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 444. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

200 Birmingham workers laid off in trucking company shutdownNEW: 200 Yellow_Trucking workers in Birmingham, plus three other facilities in Alabama, have been caught up in the trucking company's massive shutdown. Here's what happened:
Source: aldotcom - 🏆 82. / 68 Read more »

Trucking company files for bankruptcy after receiving $700 million in taxpayer dollarsYellow Corp, a major U.S. trucking company, has declared bankruptcy after receiving $700 million in taxpayer funds during the pandemic. The company's bankruptcy filing has cost 30,000 jobs and is expected to lead to increased prices on various goods. The company cited recent union negotiations as a major factor in its financial struggles.
Source: dcexaminer - 🏆 6. / 94 Read more »