U.S. trucking firm Yellow files for bankruptcy after loading up on debt

Yellow

07/08/2023 04:08

Aug 6 (Reuters) - U.S. trucking firm Yellow Corp
 YELL.O  filed for Chapter 11 bankruptcy protection on Sunday,
burdened with a heavy debt load after a series of mergers and
following tense contract negotiations with the Teamsters Union.

   


 (Reporting by Dietrich Knauth in New York, Priyamvada C in
Bengaluru, Siddharth Cavale in New York and Lisa Baertlein in
Los Angeles; Editing by Sriraj Kalluvila and Dhanya Ann Thoppil)
 ((Priyamvada.C@thomsonreuters.com https://twitter.com/priyamouli1812?lang=en;))