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Teamsters Says US Trucking Firm Yellow Notifies It of Shutdown, Bankruptcy

Teamsters Says US Trucking Firm Yellow Notifies It of Shutdown, Bankruptcy
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Seanm obrienYellow logistics incYellow corpGeneral president seanWall street journalYellow logisticsHome depotUber freightDonald trump led

Teamsters: US trucking firm Yellow notifies it of shutdown, bankruptcy

WASHINGTON The Teamsters said on Sunday, July 30, that the union was served a notice that Yellow Corp is ceasing operations and filing for bankruptcy.

District of columbiaUnited statesSeanm obrienYellow corpYellow logistics incGeneral president seanmo brienWall street journalHome depotUber freightDonald trump led

Yellow puts its 3PL business up for sale

Yellow Corp. is currently struggling to remain financially afloat.

Jason bergmanYellow logistics incInternational brotherhood of teamstersYellow corporationYellow corporation onYellow corpYellow logisticsLogistics presidentChief commercial officer jason bergman

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

United statesSean obrienTim boyle gettySatish jindelYellow corpTreasury departmentYellow logistics incWorldwide incGetty imagesDefense departmentsSeano brien

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

United statesSatish jindelTim boyle gettySean obrienYellow corpWorldwide incYellow logistics incTreasury departmentGetty imagesDefense departmentsSeano brien

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