Yellow Corp

An enormous drop in truck transportation jobs in August is likely related to the shutdown of Yellow Corp.

A hedge fund with a stake in Yellow Corp.’s debt and equity is looking for more influence as the bankrupt company begins to unwind assets.

The saga of less-than-truckload carrier Yellow may be coming to a close based on reporting that Yellow’s senior vice president of sales told staff their last day would be this Friday, and that the carrier would file for bankruptcy on Monday.

A Yellow Corp. plan would consolidate two of its regional LTL networks with its YRC Freight national operation.