Yellow Corp

Yellow Corp., a once-dominant US trucking company with a 99-year history, has filed for bankruptcy as it ceases operations, leaving many employees devastated and facing uncertainty about their future. The Nashville-based logistics provider announced the Chapter 11 filing on Sunday, seeking relief in the US Bankruptcy Court for the District of Delaware. CEO Darren Hawkins…

Yellow Corp., a longstanding trucking company with a 99-year history, has made a sudden decision to halt all operations, resulting in the layoff of its entire workforce, totalling 30,000 employees. The company has been embroiled in a tense dispute with the Teamsters union, which represents around 22,000 drivers and dock workers employed by Yellow Corp….