Yellow (YRC Freight)
Yellow Found Liable for $6.5 Billion in Pension Claims
Judge Craig Goldblatt did not set a payment amount, or calculate how much could be allocated to 11 individual…
Yellow Corp. Could Launch REIT for Unsold Terminals
A judge ruled the bankrupt trucking company will have another 90 days to file a proposal for the liquidation…
Ex-Yellow Employees Get Court Go-Ahead to Continue Class-Action Suit
In the lawsuit, former employees are accusing Yellow of failing to deliver a timely WARN notice ahead of the…
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Judge Dismisses Yellow’s Breach of Contract Lawsuit Against the Teamsters
A federal judge said the less-than-truckload (LTL) company failed to exhaust grievance procedures under the…
Yellow Corp. Pays Back $850M CARES Act Loan
The less-than-truckload shipper paid back a controversial Covid-era government loan six months after filing…
Yellow Disputes Pension Fund’s $6 Billion Claims, Citing Federal Bailout
"This is 'free money' that the Central States Pension Fund does not need," Yellow attorneys wrote in a…
Trucking Titan TFI Makes $1.1 Billion Deal as Yellow Offloads More Terminals
TForce Freight parent TFI International will pony up $386 million in cash as part of the deal for heavy-haul…
A Look Back at a Turbulent Year in Logistics
The logistics sector endured layoffs, falling freight rates, Yellow's bankruptcy, canal congestion and…
‘Tremendous Outcome’: Yellow Gets Court Nod to Sell 130 Assets
The bankrupt behemoth still hopes to secure buyers for the 46 owned and 147 leased terminals remaining in its…
Yellow Rivals Purchase Properties at Bankruptcy Auction
XPO acquired 28 of the defunct trucking company's service centers for $870 million.
Yellow’s Fate Remains Unclear After Rescue Bid
Sarah Riggs Amico, executive chair of auto hauler Jack Cooper, reportedly submitted an offer for Yellow…
Teamsters Boss Rips Into Yellow, Amazon in Senate Hearing
Republican Senator Markwayne Mullin of Oklahoma challenged brash union chief Sean O'Brien to a fistfight on…
Senators Urge Yellow Bailout With Thousands of Jobs at Stake
Supply chain experts question whether extending the $700 million loan's due date makes sense given "reckless"…
Yellow ‘Would Have No Freight to Haul’ if ‘Long-Shot’ Bid Succeeds
Jack Cooper Transport is preparing a deal to save Yellow, according to a Reuters report on the Missouri fleet…
Senators Intervene in Bankrupt Yellow’s $700 Million Federal Loan
Lawmakers hope to find a "going concern" bid to save the 30,000 jobs at stake in Yellow's bankruptcy and help…