Trucking company Yellow Corp. reportedly prepares for bankruptcy amid financial woes, customer losses
- Yellow Corp., a major U.S. trucking company, is said to be preparing for bankruptcy.
- Experts believe the filing could come soon given Yellow's high debt load and declining shipments.
- The company is in ongoing negotiations with unionized workers regarding benefits and pensions.
- Yellow has already seen many customers leave for other carriers recently.
- A Yellow bankruptcy could lead to higher shipping prices as other firms absorb its freight.