Transport Topics (Aug. 14, 2023) - Transport Topics

What this episode covers

Yellow Corp. continues to work with potential financiers, including rival Estes Express Lines, that are offering alternative bankruptcy financing for the less-than-truckload company that’s more affordable than a loan from lenders led by Apollo Global Management. Yellow lawyer Patrick Nash said Aug. 11 during a court hearing that funders are offering to provide a Chapter 11 loan to the company with payment priority behind Apollo and other lenders. Nash said Yellow expects to finalize a Chapter 11 loan this week. Its next appearance in bankruptcy court is scheduled for Aug. 15. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Frequently Asked Questions

How long is this episode of Transport Topics?

This episode is 3 minutes long.

When was this Transport Topics episode published?

This episode was published on August 14, 2023.

What is this episode about?

Yellow Corp. continues to work with potential financiers, including rival Estes Express Lines, that are offering alternative bankruptcy financing for the less-than-truckload company that’s more affordable than a loan from lenders led by Apollo...

Can I download this Transport Topics episode?

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