What the multi-billion dollar battle over bankrupt freight company Yellow means for truckers and the economy
Executives at bankrupt trucking company Yellow on Thursday rejected a billion-dollar offer from investors that could have revived much of the iconic trucking company’s network. When Yellow, founded in the 1920s, went out of business, it left 12,000 trucks, 35,000 trailers and 30,000 workers idle, which could form the basis for a new company. A … [Read more…]