Yellow Corp.'s pending bankruptcy is a move that has long seemed inevitable, one that shuts the doors on a company just short of its 100th anniversary and ends a tumultuous 15 years.
The operational shutdown of Yellow Corp, a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said.
Like the old joke about economists predicting eight of the last three recessions, in 2021 and 2022 a number of analysts focused the trucking sector forecast an imminent “freight recession.”
The operational shutdown of Yellow Corp (YELL.O), a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said.
Earnings plummet as retailers work through swollen inventory and consumers spend more on in-person experiences
Several thousand truck drivers have fled the freight business this year amid one of the harshest freight recessions in memory.
A tentative deal for one company, and talk of filing for bankruptcy for another. We’ll speak with DAT’s Chief of Analytics about the current status of UPS and Yellow, and how it’s all impacting the freight market.
ICMI’s Contact Center Expo, which brings contact center industry professionals together to tackle the challenges and opportunities that will enable positive growth and change in the contact center industry, today announces the finalists for the ICMI Global Contact Center Awards.
The Pennsylvania Turnpike Commission (PTC) this week approved a 5% toll increase for 2024 for all E-ZPass and "Toll By Plate" customers. The new rates will take effect across the toll-highway system on Jan. 7, 2024.
It was a busy week for trucking-related economic data, which painted a mixed picture. Canadian spot market volumes were steady, but spot market rates in the U.S. remained weak – especially for flat-deckers.