Yellow Rejects Bid to Revive the Collapsed Trucking Company

[ad_1] Updated Dec. 7, 2023 7:24 pm ET Yellow rejected an offer to revive the bankrupt trucker and rehire thousands of its former workers, effectively ending a long-shot effort to…

Big-Company Bankruptcies Hang Over Economy

[ad_1] Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. [ad_2] Source link

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