Amna Nawaz
Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos

Future of freight in question after trucking company Yellow files for bankruptcy

Posted

August 7, 2023

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Yellow, one of the nation’s largest freight and trucking companies, announced it is shutting down, leading to one of the largest mass layoffs in recent history and potential shipping cost increases. The company is in bankruptcy just three years after getting a $700 million loan from taxpayers. Lisa Desjardins discussed the economic impact with Rachel Premack of FreightWaves.

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Lisa DesjardinsRachel PremackFreightWaves Stream

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Future of freight in question after trucking company Yellow files for bankruptcy · Amna Nawaz · Sentinel