[ad_1] The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. [ad_2] Source link
Tag: YELL
How Yellow’s Downfall Is Rippling Through the Economy
[ad_1] The trucker’s competitors are reaping a windfall of business, while customers face rising shipping costs. [ad_2] Source link
Trucker Yellow Files for Bankruptcy, Will Liquidate
[ad_1] The chapter 11 filing is likely to lead to a liquidation for the company. [ad_2] Source link
Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
[ad_1] Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by selling assets. [ad_2] Source…
WSJ News Exclusive | Treasury Shouldn’t Have Given Pandemic Aid to Trucking Company, Report Finds
[ad_1] The Treasury Department erred in giving a loan to trucking company Yellow as part of a 2020 Covid-19 rescue package, according to a new congressional report. [ad_2] Source link