Yellow shuts down, heads to bankruptcy

July 31, 2023
“Today’s news is unfortunate but not surprising,” said Teamsters General President Sean M. O'Brien.

The end of the line has apparently arrived for nearly 100-year-old Yellow Corp., which calls itself "the original less-than-truckload carrier."

The Teamsters union, which represents 22,000 Yellow Corp. workers, was served legal notice that the company will be ceasing operations and filing for bankruptcy. Yellow is one of the largest less-than-truckload companies in the U.S.

"The writing has been on the wall for the past few days if not weeks," writes Scott Achelpohl for PMM partner brand FleetOwner.

Learn more about this developing story in the complete article on FleetOwner.