After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down (web.archive.org)

submitted 1 year ago by JCPhoenix@beehaw.org to c/usnews@beehaw.org

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Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.

Original NYT link.

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[-] wick@lemm.ee 4 points 1 year ago

Stock fell on Thursday, declared bankruptcy Friday.

this post was submitted on 31 Jul 2023

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