Posted on Aug 17, 2023
How Yellow wound up in the red : The Indicator from Planet Money
616
7
2
4
4
0
https://www.npr.org/2023/08/16/ [login to see] /how-yellow-up-wound-up-in-the-red
I Think Most around Overland Park, KS have been Watching this Slow Speed Wreck for a While.
I Think Most around Overland Park, KS have been Watching this Slow Speed Wreck for a While.
How Yellow wound up in the red : The Indicator from Planet Money
Posted from npr.org
Bankruptcy
Overland Park
Posted 9 mo ago
Responses: 2
2
2
0
Surprised that this wasn't elevated to national attention until now.
(2)
(0)
1
1
0
PO1 William "Chip" Nagel
"Yellow stunned the trucking industry when it filed for bankruptcy this month. The nearly hundred-year old company said it will lay off 30,000 employees and liquidate all of its assets. On today's show, a glimpse into Yellow's bankruptcy process: who's blaming who for what, and an explainer on a specific type of loan - the debtor in possession financing - which promises some rich returns to the lender in this case.
For more on challenges in the trucking industry check out our story on the spot market and the so-called freight recession."
"Yellow stunned the trucking industry when it filed for bankruptcy this month. The nearly hundred-year old company said it will lay off 30,000 employees and liquidate all of its assets. On today's show, a glimpse into Yellow's bankruptcy process: who's blaming who for what, and an explainer on a specific type of loan - the debtor in possession financing - which promises some rich returns to the lender in this case.
For more on challenges in the trucking industry check out our story on the spot market and the so-called freight recession."
(1)
(0)
Read This Next
Continue with Facebook 
Continue with Google