trucking
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PublishedAugust 7, 2023
Trucking giant Yellow files for bankruptcy after shedding 30,000 jobs
The freight hauler had experienced heavy losses as it battled with the Teamsters over a plan to restructure the company and refinance $1.3 billion in debt.
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PublishedAugust 3, 2023
Yellow’s downfall throws $700 million U.S. covid loan in jeopardy
The fallout is likely to draw significant anger from Capitol Hill, where lawmakers have long scrutinized the decision to prop up a company with a history of financial problems.
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PublishedJuly 31, 2023
Trucking giant Yellow shuts down on verge of bankruptcy, Teamsters say
As the freight company moves toward bankruptcy, more than 30,000 jobs are at risk.
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PublishedJuly 31, 2023
Truck drivers are leaving boom-and-bust supply chain jobs
Several thousand truck drivers have fled the freight business this year amid one of the harshest freight recessions in memory.