🎣 What The Lawsuit?!?
Plus: Ceva hit by a jaw-dropping $18M cargo theft wave, FMCSA revives its fatal crash study after two decades, Trump fires an STB board member ahead of the $85B rail merger review, and more.
Yellow sought bankruptcy court to tackle its pension fund claims to avoid arbitration. Meanwhile, the Teamsters fended off Yellow's breach of contract accusation earlier this week.
The auction, drawing interest from carriers and real estate investors alike, saw 130 of Yellow’s properties sold, with 46 owned and additional leased properties still on the market.
Yellow shares soar following MFN Partners' 42.5% stake accumulation despite looming bankruptcy concerns.
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