Saia holds on to Yellow’s freight
Saia’s fourth-quarter update shows it is retaining the freight it onboarded as a result of Yellow’s collapse.
Saia’s fourth-quarter update shows it is retaining the freight it onboarded as a result of Yellow’s collapse.
A filing in a Delaware bankruptcy court said the auction for Yellow’s terminals is ongoing and that winning bids may not be revealed until Tuesday.
Third-quarter earnings reports show how Yellow Corp.’s market share was redistributed across the less-than-truckload industry.
Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy.
A bankruptcy judge said Friday that Yellow Corp. can move forward with a plan to use liquidators to dispose of rolling stock.
Tuesday filings before a Delaware bankruptcy court are asking for the use of professional auction houses in the disposition of Yellow’s trucks and trailers.
American Trucking Associations CEO Chris Spear uses his annual address to urge motor carriers to fight for industry well-being.
Estes Express Lines was named the winning stalking horse bidder in Delaware bankruptcy court on Thursday.
Following the bankruptcy of trucking giant Yellow, some 22,000 union workers are unemployed. It may be a spooky sign for the labor movement.
A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Bart De Muynck; Jon Adams; Hamish Woodrow; Lewie Pugh
Yellow Corp. told a judge Thursday that it has selected bankruptcy financing lenders and that Estes Express Lines has entered a $1.3 billion stalking horse bid for its terminals.
Apollo Global Management sold a $485 million loan to Yellow Corp. and has withdrawn its proposal for bankruptcy financing.
Less-than-truckload carrier Saia sees freight surge in the first two weeks of August.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Aaron Peck; Mitch Violett; Kent Williams; Markel McCloud
An attorney for Yellow Corp. said Friday he’s hopeful to have in place by early next week a bankruptcy financing deal superior to what the company was previously offered.
Yellow Corp. may get better terms on a bankruptcy loan than it had going into the Sunday filing.
Yellow Corp. released second-quarter financials Wednesday following a bankruptcy petition earlier in the week.
In this edition: breaking down the 2023 FIFA Women’s World Cup, the unforeseen side effect of rising demand in Mexico, and Yellow officially declares Chapter 11 bankruptcy.
Yellow’s bankruptcy filing suggests that secured creditors are likely to be paid in full.