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Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here's what to know

Por: ABC News Business July 31, 2023

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NEW YORK -- Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports.After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow shut down operations on Sunday, according to the Wall Street Journal, following the layoffs of... + full article



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