Name: What to know about Yellow Corp. potential bankruptcy? | Morning in America
Uploaded: 2023-07-31T22:20:22.044Z
Duration: 2 min 58 s
Description: The fate of U.S. trucking company Yellow Corp. isn’t looking good. After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing

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The fate of U.S. trucking company Yellow Corp. isn’t looking good. After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers — heightening the risk for future liquidation. While no official decision has been announced by the company, the prospect of bankruptcy has renewed attention around Yellow’s ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time.

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