Trucking giant Yellow's bankruptcy punches a $5 billion hole in the trucking industry, with 30,000 jobs at stake

Trucking giant Yellow's bankruptcy punches a $5 billion hole in the trucking industry, with 30,000 jobs at stake

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One of the most prominent names in US short-haul trucking is poised to fade away, leaving billions of dollars in business up for grabs in a weakened freight market. Yellow Corp., which hauls about 15% of major companies’ so-called less-than-truckload shipments, ceased operations and told union…

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