FW: Yellow’s Chapter 11 plan includes rights offering, REIT
FREIGHTWAVES reports: A final Chapter 11 plan to liquidate Yellow’s remaining assets could include a reorganization ...
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FreightWaves writes: “A very weak end to the year for new truck sales in the Australian market appears likely. Mark Hammond, chief technical officer of the Truck Industry Council (an association of truck manufacturers), has written that the fourth quarter of the year is “shaping up to be the worst year end in four years for truck sales… Should the current slump in truck sales continue through December, quarter four sales will be the lowest since 2015.”
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