YELL – The News Desk

Yellow Expects to Pay Back Private, Government Loans in Bankruptcy

10Aug

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World

Yellow Expects to Pay Back Private, Government Loans in Bankruptcy

Bankrupt trucking giant Yellow said it has enough real estate and equipment it can sell to cover $1.2 billion it borrowed from the U.S. government and private lenders led by Apollo Global Management.

Yellow, One of the Largest U.S. Truckers, Files for Bankruptcy After Shutting Down

7Aug

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World

Yellow, One of the Largest U.S. Truckers, Files for Bankruptcy After Shutting Down

The chapter 11 filing is likely to lead to a liquidation for the company.

6Aug

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Money

Meme Stocks Are a Thing—Again

Day traders are piling into meme stocks again, sending shares of Tupperware, Yellow and Rite Aid are soaring.

U.S. Downgrade Sparks Selloff in Stocks and Bonds

2Aug

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Money

U.S. Downgrade Sparks Selloff in Stocks and Bonds

U.S. stocks and bonds suffered a wave of selling, sending Treasury yields to the highest levels of the year and major indexes toward their worst session in months.

1Aug

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Business

The Yellow Road to Bankruptcy

High labor and debt costs bring down the venerable trucking firm.

Why Trucking Company Yellow Verges on Collapse

29Jul

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World

Why Trucking Company Yellow Verges on Collapse

One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has been stalled by a standoff with the Teamsters union.

Yellow Lays Off a Large Swath of its Workforce, Winds Down Operations

29Jul

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World

Yellow Lays Off a Large Swath of its Workforce, Winds Down Operations

The debt-laden freight carrier dismissed parts of its sales force, business staff and IT workers as it prepares a bankruptcy filing.