Yellow (YRC Freight)
Yellow’s Chapter 11 Bankruptcy Plan Clears Court, Top Shareholder Appeals Ruling
A two-year process may soon be wrapped up, but hedge fund MFN Partners has insisted certain creditors would…
Appeals Court Reinstates Yellow’s $137 Million Lawsuit Against Teamsters Over 2023 Bankruptcy
The Tenth Circuit's ruling allows the defunct LTL carrier to amend its complaint, alleging the Teamsters'…
Appeals Court Upholds $6.5B Pension Liability Against Bankrupt Yellow Corp.
Ruling affirms that the defunct trucking firm must honor agreements with Teamsters funds, leaving pension…
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Old Dominion Blames ‘Economic Softness’ for Revenue, Volume Slips
In May, tonnage decreased 8.4 percent per day, spurring a 5.8-percent daily revenue decline at the…
Yellow Nets $14M in Terminal Sales, Sets Up Saia to Further Expand US Footprint
Upon court approval, Saia will acquire three terminals in Florida, N.Y. and California, marking 31 sites it…
Yellow, Creditors Agree on Bankruptcy Plan, Key Shareholder Holds Out
The joint Chapter 11 plan would substantially reduce the billions in claim amounts asserted against Yellow's…
Yellow’s New Bankruptcy Proposal Hangs $550 Million in the Balance
The newest plan comes as the pension funds and creditors remain at odds with the trucking firm's estate over…
Teamsters Challenge Ruling that Yellow Did Not Violate WARN Act
The union says the court renders the WARN Act "meaningless" by allowing employers to wait until after closing…
Bankruptcy Court Shoots Down Teamsters’ Claims that Yellow Violated WARN Act
The trucking company was found to be not liable for failing to provide 60 days' notice to union employees…
Could Yellow’s Bankruptcy Make Room for Amazon to Take Trucking Market Share?
Job postings indicate the tech titan is pushing into the LTL space, but expected impacts on incumbents like…
Yellow’s Latest Terminal Sale Helps Knight-Swift Bulk Up LTL
The bankrupt trucking firm's estate has sold more than 170 terminals for more than $2.2 billion since the…
Yellow Settles Class Actions Over Late WARN Filings
Two separate groups of claimants across non-union and union employees settled for undisclosed amounts.
Yellow’s WARN Notices to Laid Off Employees Were Insufficient, Judge Says
A bankruptcy judge said Yellow has an "awfully strong case" for reduced damages, calling the late notice…
Yellow Offloads Another Dozen Terminals for $192.5 Million
Estes will pay $142.5 million for seven owned properties and four leased terminals, Ramar Land Corp. is…
Yellow Bankruptcy Judge’s Error Could Overturn Pension Ruling
The timing of Yellow's default last year is critical to finding out whether pension funds will be awarded…