Comments on: Yellow Corp. informs Teamsters it is shutting down operations https://www.trucknews.com/business-management/yellow-corp-informs-teamsters-it-is-shutting-down-operations/1003177058/ Trucking news from the editors of Today's Trucking Tue, 01 Aug 2023 00:02:42 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: John wihksen https://www.trucknews.com/business-management/yellow-corp-informs-teamsters-it-is-shutting-down-operations/1003177058/#comment-470643 Tue, 01 Aug 2023 00:02:42 +0000 https://www.trucknews.com/?p=1003177058#comment-470643 Union companies like C.F. and Yellow can not compete with O/O’s low return on investment and time, this has been progressive over the last 40 years in the trucking industry

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By: Steve Hibbert https://www.trucknews.com/business-management/yellow-corp-informs-teamsters-it-is-shutting-down-operations/1003177058/#comment-470637 Mon, 31 Jul 2023 14:55:38 +0000 https://www.trucknews.com/?p=1003177058#comment-470637 The fortunate part of this long time coming bankruptcy is the surplus of jobs within the industry.
It’s hard to believe the government and union have continually helped finance this poorly managed company.
It’s finally came to a head and the money bubble has burst.
Let this freight go to associate carriers and drivers move on to new companies, maybe not union but a steady pay cheque.

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