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Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles

Por: The Boston Globe Business August 07, 2023

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NEW YORK — Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the US transportation industry and shippers nationwide.The Chapter 11 bankruptcy, which was filed Sunday, comes just three years after Yellow received $700 million in pandemic-era loans from the federal government. While a Chapter 11 filing is used to restructure debt while operations continue,... + full article



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