Search results
Results from the WOW.Com Content Network
Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers. 30,000 workers bid goodbye to 99-year-old Yellow ...
Yellow Corp., one of the largest freight companies in the U.S., said it was closing operations and filing for bankruptcy on Monday. Shipping company Yellow is closing down, putting thousands out ...
On Sunday, a pension fund agreed to extend health benefits for workers at two Yellow Corp. operating companies, averting a strike — and giving Yellow “30 days to pay its bills,” notably $50 ...
The company remained small until 1952, when an ownership group led by George E. Powell Sr. bought the freight company. During this time, Yellow helped pioneer the concept of consolidating small freight shipments into trailer loads. In 1968, the company name was changed from Yellow Transit Freight Lines to Yellow Freight System Inc.
The acquisition cost Yellow US$1.1 billion and made Reimer Express a subsidiary of the newly formed parent company, Yellow Roadway Corp. [20] In 2006, Yellow Roadway changed its name to YRC Worldwide [21] and in 2009, Yellow Canada's operations were merged into Reimer which was renamed YRC Reimer.
Bankruptcy court documents from Dec. 4 don't break down individual purchases, but they show Estes paid about $249 million for 24 former Yellow properties, including the Copley and Richfield sites.
Roadway Express, Inc. was an American less than truckload (LTL) trucking company. Roadway Express and its holding company, Roadway Corporation, were acquired by logistics holding company Yellow Corporation in 2003, and the parent companies were merged to form Yellow Roadway Corporation, later renamed YRC Worldwide.
Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers. 99-year-old trucking company Yellow ...