After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down
After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down
www.nytimes.com After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down
Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.
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I know several different people who work in companies that deal with shipping, Yellow has always been awful to deal with with a much higher rate of shipping damage.
I had been using Yellow and it was always a terrible company to work with.
Our experience is quite the opposite. Damage with YRC was few and far between compared to others like Estes or XPO
Probably depends on the region, this was all in south-west Michigan
135 comments