One of the largest US trucking companies, Yellow’s customers include Walmart and Home Depot and Uber Freight
US trucking firm Yellow Corp filed for chapter 11 bankruptcy protection on Sunday and said it would wind down, after struggling with a mounting debt load and following tense contract negotiations with the Teamsters Union.
The nearly 100-year-old company’s bankruptcy filing in a Delaware court estimated assets and liabilities of $1bn to $10bn, with more than 100,000 creditors.
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