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Yellow trucking company that got $700 million pandemic bailout files for bankruptcy

Por: CBS News Business August 07, 2023

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Yellow, a nearly 100-year-old trucking company that received a  during the pandemic, has filed for bankruptcy amid fruitless union negotiations and over $1 billion in debt.The Chapter 11 protection, filed in U.S. Bankruptcy Court in Delaware on Sunday, comes a week after the beleaguered trucking company — once one of the U.S.' largest transporters of goods — . The company's shutdown will eliminate 30,000 jobs, 22,000 of which... + full article



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