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In December 2003 Yellow Corporation, at the time the second largest LTL carrier in the US, acquired the largest, Roadway Corporation, for US$1.05 billion. [13] [14] Roadway had been spun off from its former parent, holding company Roadway Services Inc. (RSI), in 1995 and operated as an independent, publicly traded company since then.
The end may be close for Yellow Corp, a nearly century-old trucking company with 30,000 employees. ... a nearly century-old trucking company with 30,000 employees.
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Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
Roadway Express, Inc. was an American less than truckload (LTL) trucking company. Roadway Express and its holding company, Roadway Corporation, were acquired by logistics holding company Yellow Corporation in 2003, and the parent companies were merged to form Yellow Roadway Corporation, later renamed YRC Worldwide.
WTI Transport, Inc. is a for-hire carrier [1] based in Tuscaloosa, Alabama with terminals in Birmingham, Mobile and Whites Creek, TN. A flatbed company of approximately 370 tractors, WTI hauls freight throughout the Southeast, Midwest, Southwest, and East Coast. WTI’s fleet is a mixture of company drivers and owner-operators.
It reporte on Friday that the company has laid off a large number of non-union workers. On Monday, another 128 union members at YRC Freight Canada, a unit of Yellow, were told not to report for work.
Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers. 99-year-old trucking company Yellow ...