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 ...
New owner installs new management team at Seko Logistics
Trump backs ILA campaign against 'distress-causing' automation in ports
Indian port strikes threat ends as labour agreement gets the green light
Shippers struggle to find capacity amid growing shortage of reefers
Removing de minimis no 'silver bullet' as ecommerce traffic floods into EU
The Loadstar explains: port automation
Carriers unveil Panama Canal transit surcharges for new year
Hapag-Lloyd culls China-Germany service amid tonnage supply concerns
Comment on this article