Trucking giant Yellow Corp. declares bankruptcy ...Middle East

The Hill - News

Trucking giant Yellow Corp. announced Sunday it declared bankruptcy and will shut down following years of financial challenges and growing debt. Yellow Corp. filed for Chapter 11 relief in the U.S. Bankruptcy Court for the district of Delaware on Sunday, according to court records. “It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” Yellow Corp CEO Darren Hawkins wrote in a statement Sunday night. “Today, it is not common for someone to work at one company for 20, 30, or even 30 years, yet many at Yellow did.” The trucking company racked up around $1.5 billion in debt as of late March after having received $700 milli

Hence then, the article about trucking giant yellow corp declares bankruptcy was published today ( Monday 07/08/2023 - 05:25 PM ) and is available on The Hill ( 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( Trucking giant Yellow Corp. declares bankruptcy )

Last updated : 07 August 2023 clock 05:25 PM

Also on site :

Trucking giant Yellow Corp. declares bankruptcy ...Middle East

Telford-based breakfast nutrition club changes lives

ISL 2025-26: French winger Kevin Yoke joins Kerala Blasters FC

Roomzzz automates 40% of payments and centralizes multi-property operations with RMS

'Successful India makes world more stable': EU chief's post R-Day parade message

Millionaire who felled 28 trees to create room for clifftop pool fined £20,000

National awards for personal advisors to Staffordshire’s care leavers

Shiba Inu Prediction for Jan 26: Can SHIB Reclaim the Supertrend?

Colorado regulators lift generating cap on Xcel’s Comanche 2 coal plant in Pueblo

John le Carré’s ‘The Spy Who Came In From the Cold’ U.K. Tour Sets ‘Death in Paradise’ Star Ralf Little as Lead

Egypt affirms its support for UNRWA and relief organizations in Palestinian territories

Tom Brady Flaunts $287K Watch Ahead of NFC Championship Showdown: ‘Big Game’

Celebrity Traitors season 2 tipped to have approached iconic British pop star to join line-up

Update in search for six people presumed dead in New Zealand landslide

‘The Traitors’ Stage Show Set for the West End

Storm Fern Warning As Heavy Snow To Hit 14 States