Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
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The countdown officially started last week. Is the end nigh for Yellow Corp?
It’s a very close call.
One headline from FreightWaves – “Yellow asks to defer health care, pension contributions” – was a gloomy reminder last Wednesday, 21 June, of the state affairs at a major US LTL player seeking material concessions that the unions, simply and rightly (and quite expectedly too, so far), wouldn’t agree to.
While a last-minute Teamsters deal could happen, here’s the culprit: without that, there’s no financial ...
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