Breaking: Yellow filed for bankruptcy. The company, one of the oldest and largest trucking firms in the U.S., shut down last week.
Freight carrier Yellow shut down operations after 99 years in business. Here’s how ballooning debt and a standoff with the Teamsters union led to Yellow’s downfall. Photo: George Walker IV/Associated Press
Yellow, the 99-year-old trucking company, filed for bankruptcy and is closing the business, falling victim to mounting debt including a government loan and a standoff with the Teamsters union.Continue reading your article with
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