About 88,000 trucking companies and 8,000 freight brokerage companies went out of business in 2023, according to Freight ...
The Miami-based firm agreed to buy a minority stake in the business and provide it with $335 million in credit.
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 ...
Truck terminals, and the wider industrial outdoor storage (IOS) sector, remain perhaps the rare asset class that is both ...
It’s also apparently on Girsky to save the company: ...
The first of the suits was filed in August 2023, when an employee accused the defunct less-than-truckload (LTL) carrier of ...
The sites in Camp Hill and Erie, Pennsylvania, are among 4 service centers the carrier acquired from the bankrupt competitor.
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.
Trucking company Yellow Corp. argued ahead of an upcoming bankruptcy court trial that it’s entitled to “substantially” ...
The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some Big Lots stores might be the new buyer. Here's what we know.