Plus: SNAP cuts could hit holiday freight, C.H. Robinson rockets on AI-driven profit gains, the U.S. and China pause tariff tensions, and more in today’s newsletter.
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Yellow, the 99-year-old trucking company, files for bankruptcy and will close, affecting 30,000 jobs and leading to the liquidation of its assets.
Class-action suit targets Yellow Corp. for violating WARN Act through abrupt layoffs. Seeks damages for employees across all subsidiaries.
Large-scale layoffs hit Yellow Logistics employees amidst rumors of impending bankruptcy. A potential lifeline from Apollo is being discussed.
Q2 results for TFI and Heartland Express show weaker financial performance, but both firms eye potential future operational improvements.
Yellow Corp. shuts down after years of financial struggles. This move could lead to higher rates and benefits for rival carriers.
Yellow Corp. ends its century-long service, resulting in job losses for 30,000 employees and reflecting a potential industry crisis.
Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
Yellow Corp. plans to sell Yellow Logistics Inc. amidst unresolved labor disputes and financial troubles. Potential bankruptcy looms as negotiations stall.
Amid mixed signals, Yellow Corp, the third-largest LTL company, may be on the brink of bankruptcy, posing a significant impact on the logistics sector.
Yellow halts nationwide pickups amid strike threats and declining shipments.
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Amid a potential Teamsters strike at UPS, FedEx urges concerned shippers to switch to their services.
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