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Comment / Deeply distressed Yellow Corp – a monumental industry booster

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ID 27412818 © Zemler | Dreamstime.com
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Amusing, if you are not a YELL employee.

Coming after you

After our ’Stall warning – tick-tock, tick-tock’ coverage on Monday, 26 June*, it didn’t take long for Yellow Corp (YELL) to be in the news again.

(*And this one before that.)

The exit strategy now to secure liquidity (via its lenders’ backing) without which, in all fairness, bankruptcy stands out as a base case?

Read it yourself, YELL:

“The nation’s third largest less than truckload (LTL) carrier and fifth largest transportation company, has filed a ...

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