See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Trucking expert calls Yellow bankruptcy a ‘travesty, one of the largest’ within the industry

Posted on AllSides August 1st, 2023
From The Right

With U.S.-based trucking company Yellow Corporation ready to file for bankruptcy at any moment now, one industry expert had a dismal reaction to the unsolved negotiations. "It's a travesty," FreightWaves founder and CEO Craig Fuller said on "Mornings with Maria" Tuesday. "I think the Teamsters have a lot of responsibility, particularly Sean O'Brien who was focused on UPS' negotiation, [and] didn't seem to be concerned about Yellen's precarious position." After struggling with financial woes for more than a decade, Yellow Corp. reportedly ceased operations worldwide and laid off around 30,000...

Read full story
https://foxbusiness.com/economy/trucking-expert-yellow-bankruptcy-travesty-largest-industry

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right