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Teamsters say Yellow Corp. is ceasing operations, filing for bankruptcy

August 1, 2023

Troubled trucking company Yellow Corp. is shutting down and headed for a bankruptcy, the Teamsters said Monday. An official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift for the U.S. transportation industry and shippers nationwide. “Today’s news is unfortunate but not surprising.

Article Source: Baltimore Sun

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