FW: Yellow targets January sale for 112 remaining terminals
FREIGHTWAVES reports: The sale of bankrupt Yellow Corp.’s remaining properties is moving forward, a Wednesday filing ...
Yellow Corp (YELL), once known as YRC Worldwide, is one of the most sizeable less-than-truckload players stateside.
Based on its annuals, it ranked third in the league tables right behind LTL leader FedEx Freight and industry benchmark Old Dominion, enjoying over $5bn in 2022 revenues. Out of which, it made $21.8m in net profit versus a net loss of $109.1m in 2021.
On the brink of collapse, if you recall, it secured a large funding round from the US Treasury in mid-2020 ...
More cargo chaos at Chittagong Port as transport operators strike
DSV and K+N see margins squeezed hard in third quarter
Trump tariff threat and China downturn will make CNY 2025 'different'
Digital air cargo community systems key to unlock sustainable cargo future
Air cargo shifts capacity to where the money is as holiday season begins
Maersk expects profit hike on strong demand and Red Sea crisis
Freight rates on major ocean trades out of India continue to slide
Using Amazon Air services 'a win-win' for 'absolutely satisfied' K+N
Comment on this article