Yellow Trucking Sputters
Posted on 07/31/2023
Yellow has been facing off with 22,000 Teamsters-affiliated employees over pension payments, and both lost. One of the largest and least expensive carriers, Yellow was a transport staple for almost a century. Facing a debt of US$ 1.5 billion, the company leaders thought it couldn’t go on. Yellow had been offered US$ 700 million in government…
