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Chicago Sun-Times
Chicago Sun-Times
National
Associated Press

Teamsters say trucking giant Yellow Corp. is ceasing operations, filing for bankruptcy

Yellow Teamsters Yellow Corp Sean M OBrien The Associated Press
Box trailers and trucks are seen at Yellow Corp. trucking facility Monday, July 31, 2023 in Nashville, Tenn. (George Walker IV/AP)

NEW YORK — Troubled trucking company Yellow Corp. is shutting down and headed for a bankruptcy, the Teamsters said Monday.

An official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift for the U.S. transportation industry and shippers nationwide.

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