Yellow’s Battle for Survival: Debts, Strikes, and Client Concerns
A Crisis Averted: Yellow’s Near-Strike Experience Yellow, the third-largest trucking firm in the U.S., narrowly avoided a strike by 22,000 Teamster-represented workers over the weekend. Yellow, a specialist in less-than-truckload shipping, agreed to pay over $50 million in owed worker benefits and pension accruals. The Teamsters union confirmed that the company has a 30-day period…
Recent Comments