[ad_1] Transport company XPO said Tuesday the U.S. Bankruptcy Court for the District of Delaware approved the company’s offer for 28 service center locations which were previously operated by trucking…
Tag: yellows
Yellow’s Bankruptcy Sparks a Battle to Reset Trucking Competition
[ad_1] Truckers are vying for 170 properties in a once-in-a-generation bid to expand in a tight market for industrial real estate. [ad_2] Source link
With Bills Ranging From $81 to Millions Due, Yellow’s Creditors Face Uncertain Recovery
[ad_1] A pension fund’s claim on the collapsed trucker could run into the billions, diluting claims from creditors that include cities, equipment suppliers and BNSF Railway. [ad_2] Source link
Yellow’s Revenue Dropped, Liabilities Surged Ahead of Bankruptcy
[ad_1] Yellow’s business in freight markets deteriorated in the second quarter while the trucking company’s cash dried up and its liabilities ballooned ahead of its bankruptcy. [ad_2] Source link
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
Apollo leads deal for trucking firm Yellow’s bankruptcy loan – Bloomberg News
[ad_1] Freight trucks are driven on the Fisher freeway in Detroit, Michigan March 27, 2009. REUTERS/Rebecca Cook/File Photo Aug 1 (Reuters) – Creditors led by Apollo Global Management Inc (APO.N)…
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…
Furious business owners who transformed ‘ghost town’ hit out at double yellows
[ad_1] There has been a chemists on Whittaker Lane for 100 years. There is also now a barbers, hairdressers, pet grooming parlour, sandwich shop, general store, two takeaways, beauty salon,…