Yellow, one of the oldest and largest U.S. trucking companies, is ending operations. See potential biases and similarities in reports from wsj, foxbusiness and npr:
The Wall Street Journal
, the company notified customers and employees over the weekend that it will file for bankruptcy. Yellow employs roughly 30,000 people, including 22,000 Teamsters union workers. Yellow's downfall reportedly quickened as customers shifted cargo to rivals in anticipation of the collapse. Yellow's collapse will be the biggest trucking failure in U.S. history.
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