Transport Topics (Aug. 8, 2023)

An episode of the Transport Topics podcast, hosted by Transport Topics, titled "Transport Topics (Aug. 8, 2023)" was published on August 8, 2023 and runs 3 minutes.

August 8, 2023 ·3m · Transport Topics

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Summary

Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing for the nearly 100-year-old company to wind down operations. Yellow will seek to restructure its estimated $1.5 billion in debt, which includes more than $700 million owed to the U.S. government. The company’s operation includes 300 facilities, a fleet of more than 12,500 trucks and 42,000 trailers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode Description

Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing for the nearly 100-year-old company to wind down operations. Yellow will seek to restructure its estimated $1.5 billion in debt, which includes more than $700 million owed to the U.S. government. The company’s operation includes 300 facilities, a fleet of more than 12,500 trucks and 42,000 trailers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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