Yellow Freight Kaput!

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Looking at that and a few other articles, there were warning signs well before this year

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And they just went through an acqusition(s) too…

The US Treasury is a 30% stakeholder apparently

Wonder how all this pans out - cash grab for owners?

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And the vultures are bidding on the corpse.

The rest of the story is behind a paywall and I’m NOT paying for it but the Kansas City Business Journal had this yesterday –
‘Old Dominion’s stalking horse bid of $1.5 billion for Yellow’s real estate assets bests that of Estes Express, which came in at $1.3 billion. That bid would more than cover the approximately $1.3 billion in Yellow debt that matures next year.’

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