Search results
Results From The WOW.Com Content Network
NEW YORK (AP) — The fate of U.S. trucking company Yellow Corp. isn't looking good. After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in ...
Yellow Corp., one of the largest freight companies in the U.S., said it was closing operations and filing for bankruptcy on Monday.
The privately owned trucking firm Jack Cooper is making a long-shot bid to revive Yellow and potentially ... Yellow’s bankruptcy in July punched a $5 billion hole in the U.S. economy that won ...
YRC reported a net loss of $974 million for its 2008 fiscal year. [28] In 2009 it again reported a net loss of $622 million. [29] Towards the end of 2009, YRC narrowly averted having to file for bankruptcy protection by successfully persuading its bondholders to exchange their $470 million in bond notes for roughly 94% of the company's shares. [30]
An official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Teamsters say trucking giant Yellow Corp. is ceasing operations, filing for ...
YRC Inc. changed its name to YRC Freight in 2012. [2] In 2023, Yellow files for Chapter 11 bankruptcy and shut down all operations. [ 26 ] Despite Roadway ceasing operations back in 2009, 14 years prior to the bankruptcy filing, Roadway Express was still listed as one of the affiliates in the filing.
Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles ...
Once a major player in the High Desert, Yellow Corp. shut down its trucking operations on Sunday as it prepared to head for a bankruptcy filing.