FW: Ford drops auto hauler Jack Cooper after 40 years in business together
FREIGHTWAVES reports: Auto hauler Jack Cooper has lost its contract to transport vehicles for Ford Motor ...
FREIGHTWAVES reports:
A Delaware bankruptcy court ruled Monday to give Yellow Corp. more time to exclusively oversee its liquidation. A 90-day extension keeps other financial firms from putting forward competing plans for unwinding the estate. Counsel for Yellow argued that other interested parties may have sought an expedited disposal of its remaining assets, resulting in lower proceeds and severely diminishing the chances of any monetary recovery for equity holders.
Testimony from Matt Doheny, former Yellow chairman and the company’s current ...
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