Plus: Chattanooga floods close I-24 and stall freight, LA port hits its highest monthly volume in 117 years, July sees another spike in trucking bankruptcies, and more.
Funny Freight Friday: You heard him- sing!
Bankruptcy filings and closures are mounting in trucking as tight lending and “zombie carriers” keep rates low, delaying the market correction and prolonging a multi-year freight recession.
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.
Teamsters Union vs Yellow Trucking Company The Teamsters Union is locked in a tense standoff with Yellow, one of the
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