Commercial vehicle auction volume in February held steady, but prices fell, according to J.D. Power Valuation Services. Yellow’s liquidation is expected to affect March prices significantly.
Yellow filed an objection to numerous WARN Act claims in a Delaware bankruptcy court on Tuesday, saying its shutdown was sudden and it fought until the end to save the company.
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
XPO’s Anthony Hoereth discussed the company’s strategic plan and investments that are driving a historic surge in LTL service levels.
In this edition: Carriers are left with empty promises of payment; Yellow passes on a lifeline; and putting a book into action.
In this edition: Three intermodal companies form an alliance; DAT has zero tolerance; and Yellow’s legacy lives on.
ArcBest said Monday that shipments from its primary less-than-truckload customers have increased 20% since June.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Walter Mitchell; Ross Kennedy; and Tanner DeHart
Now on demand on WHAT THE TRUCK?!? Dooner is talking to Lori Ann LaRocco; Jamie Hagen; Joe Stevens and Kevin O’Brien
Now on demand on WHAT THE TRUCK?!? Dooner is talking to Yellow drivers Jay and Dwayne; Frayt’s Luke Denny; Reliance Partners’ John Seidl; and Dan Deigan
Now on demand on WHAT THE TRUCK?!? Dooner is breaking down the court case to save Yellow with Michael Bookout; Matthew Leffler; Todd Maiden; Zach Strickland
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Ken Evans; Caroline Fontein; Ben Tschirgi; Mike Razniewski
LTL contract rates and tender rejections in select markets will tell us if transportation networks can handle a sudden Yellow exit.
Treasury Secretary Steven Mnuchin had his day in court so to speak. He said he stands behind the YRC loan and others made, noting that many lawmakers wished Treasury had taken on more risk.