Grim new prediction for all taxpayers as major trucking firm will see 30,000 job losses and bankruptcy filing in days ...Middle East

A NEARLY century-old trucking company has made plans to file for bankruptcy, and taxpayers may be left picking up the pieces. Yellow Corporation, founded in 1903, was once the backbone of the nation’s shipping industry. GettyTaxpayers have been left to handle a $700million federal loan after it was announced that the trucking company Yellow Corporation will file for bankruptcy[/caption] GettyThe company borrowed the money during the pandemic, but its stock value has plummeted dramatically since then[/caption] The Nashville, Tennessee, company offered some of the some of the most affordable rates for companies that needed to transport loads smaller than a full semi-truck. But a

Hence then, the article about grim new prediction for all taxpayers as major trucking firm will see 30 000 job losses and bankruptcy filing in days was published today ( Tuesday 01/08/2023 - 06:52 AM ) and is available on The U.S. Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 01 August 2023 clock 06:52 AM

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Grim new prediction for all taxpayers as major trucking firm will see 30,000 job losses and bankruptcy filing in days ...Middle East

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