Yellow Corp.

Less-than-truckload carrier Yellow Corp. on Sunday filed for bankruptcy, putting to end the 99-year-old trucking firm.

Less-than-truckload carrier XPO said it would add capacity to meet the increased demand created by Yellow’s departure.

Less-than-truckload provider Forward Air missed second-quarter earnings expectations but management noted it’s seeing a lift from Yellow’s shutdown.

A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs.

Employees at Yellow Logistics were terminated Tuesday.

Less-than-truckload carrier Yellow Corp. is reported to be close to a deal with one of its current lenders to obtain debtor-in-possession financing to facilitate a bankruptcy.

In this edition: The fallout from Yellow’s anticipated bankruptcy, UPS loses big to FedEx, and Hub Group throws down against the competition.

Yellow’s demise is a “huge benefit for our industry,” TFI International CEO Bedard says.

Less-than-truckload carrier Yellow Corp. closed the gates Sunday and ceased all operations.

The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy.

Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday.

On an earnings call with analysts, Saia’s CEO and CFO tried to address the pending collapse of Yellow without mentioning the company’s name.

ArcBest reported an earnings miss Friday but that may not matter as its less-than-truckload unit is quickly taking on volume as a competitor winds down.

On Thursday, Yellow Corp. said it is seeking a buyer for its logistics business and the union said negotiations have been fruitless.

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.

Even truckload companies are being asked how a Yellow collapse might benefit them; Covenant had an answer on its second-quarter earnings call.

At least two Yellow teams were given a prepared statement that “the company continues to prepare for a range of contingencies.”

Industry watchers believe a Yellow bankruptcy is inevitable. Some of the company’s 30,000 employees are starting to feel nervous too.

Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.

A letter from the Teamsters negotiating committee on Tuesday showed it has been unable to come to terms with less-than-truckload carrier Yellow Corp.