Walmart and Home Depot face inventory problems after major trucking firm shuts down leading to 8,000 job losses ...Middle East

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Walmart and Home Depot face inventory problems after major trucking firm shuts down leading to 8,000 job losses
A MAJOR trucking company has stopped all operations as it plans to file for bankruptcy resulting in 8,000 employees losing their jobs. The move comes as the 100-year-old trucking company, Yellow, was not able to reorganize and refinance its more than one billion dollars of debt, per the Teamsters Union. Yellow is reportedly filing for bankruptcy after failing to reorganize and refinanceGetty Yellow was the third-largest trucking company in the nation, combining shipments from different customers within the same truck. Formerly called YRC Worldwide, the company had massive customers that included retailers like Walmart and Home Depot. In addition to job massive layoffs, these l

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