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What pushed Yellow trucking company to point of bankruptcy?

Aug 03, 2023 at 03:51 PM CST

Yellow, formerly known as YRC Worldwide Inc., has struggled with financial woes for several years. The company's acquisitions of other carriers over the past few decades grew it to become the fifth-largest trucking firm in the nation and the third-largest less-than-truckload (LTL) carrier. But the low-cost carrier also struggled with its debt load.