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The first of the suits was filed in August 2023, when an employee accused the defunct less-than-truckload (LTL) carrier of ...
Two purchase agreements for four of Yellow’s terminals were submitted to a federal bankruptcy court as a broader bid deadline ...
Bankrupt Yellow Corp. has settled claims with two groups of employees who claim they were not properly notified ahead of mass layoffs in 2023.
Truck terminals, and the wider industrial outdoor storage (IOS) sector, remain perhaps the rare asset class that is both ...
Knight's legacy dry van truckload unit has historically emphasized short- to medium-haul shipments (near 500 miles) and high-density lanes near its existing service centers. Regional freight is an ...
The International Brotherhood of Teamsters updated members on its legal maneuvers related to the Yellow Corp. bankruptcy proceedings, which have hundreds of millions of dollars on the line.
with the Yellow Freight bankruptcy serving as the capacity crunch necessary to give rates a boost. Carriers have managed to keep rates high ever since, but recent data shows signs of that ...
LTL: Rates steady, but some indication carrier pricing discipline may start to crack Unlike the malaise of sustained low rates in truckload, LTL pricing has remained elevated since Q3 2023, with the ...
Billionaire Bill Gates is one of the most respected business leaders in the world. Gates co-founded Microsoft and was its CEO through its most rapid growth years in the '80s and '90s as Microsoft came ...
Trucking and transportation is a highly ... capitalizing on the earlier bankruptcy of rival Yellow, which will grow its customer base and make it more appealing to existing customers.