Particle.news

Download on the App Store

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.
Hero image