LTL carrier Yellow shuts down, heads for bankruptcy
July 31, 2023
'Today’s news is unfortunate but not surprising,' said Teamsters General President Sean M. O’Brien of the nearly 100-year-old company.
Yellow Corp.
The Teamsters union, which represents 22,000 Yellow Corp. workers, was served legal notice that the company, which is the third-largest LTL company in the U.S., will be ceasing operations and filing for bankruptcy.
"The writing has been on the wall for the past few days, if not weeks," writes Scott Achelpohl for Vehicle Service Pros partner brand FleetOwner.
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