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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.
The purchase included Roadway's national operation, Roadway Express, northeast regional LTL subsidiary, New Penn, and Canadian LTL operation, Reimer Express. A new holding company, Yellow Roadway Corporation, was formed based at Yellow's headquarters in Overland Park to serve as the parent company for both Roadway Corp. and Yellow Corp. [15]
Trucking company Yellow Corp. is reportedly preparing for bankruptcy. Here's what you need to know. WYATTE GRANTHAM-PHILIPS. July 28, 2023 at 1:01 PM.
Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, ... including Yellow and rivals such as Roadway Express, New Penn and Holland, merged to survive. ...
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. [22]
Yellow Corp., one of the largest freight companies in the U.S., said it was closing operations and filing for bankruptcy on Monday.
Trucking firm Yellow Corp. files for bankruptcy, ceases all operations. July 31, 2023 at 5:58 AM. The Nashville, Tennessee-based company is one of the nation's largest less-than-truckload carriers.
On Monday, another 128 union members at YRC Freight Canada, a unit of Yellow, were told not to report for work. (Reporting by Yana Gaur, Urvi Dugar and Bharat Govind Gautam in Bengaluru; Editing ...
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