Search results: bankruptcy

A North Carolina trucking company says they are owed nearly $105,000 after a brewery stopped paying for their deliveries and then shut down.  Topline Trucking owner Rickey McKinney says that he started working with Catawba Brewing in...

Yellow is set to auction off its real estate and equipment assets this fall following the collapse of the business, but experts say the company may have trouble getting rid of trucks and trailers in today’s...

Estes Express has made an offer of $1.3 billion as part of a bid for Yellow’s shipping centers in the wake of the company’s bankruptcy filing. Estes initially included a bankruptcy loan as part of its bid...

A class action lawsuit filed this week accuses trucking giant Yellow Corp. of failing to provide the legally required amount of notice prior to laying off tens of thousands of workers. According to the suit filed...

One of the nation's largest LTL carriers officially ceased operations on Sunday, leaving tens of thousands of workers without jobs.

The Teamsters say that layoffs and terminal closures appear to be happening at trucking giant Yellow Corp on Friday as the company reportedly prepares for bankruptcy.

Amidst reports that the trucking company is planning to file for bankruptcy, a Yellow Corp. worker provides an update on the latest information he has as of Wednesday afternoon.

Thousands of Yellow employees are threatening to strike in response to missed benefit payments.  Yellow Corporation withheld pension and healthcare payments on July 15th, and plans to withhold them again in August, reported The Wall Street Journal....

On Wednesday, the Federal Motor Carrier Safety Administration (FMCSA) provided an update on a forthcoming rule intended to regulate broker and freight forwarder financial responsibility

This week, a Cedar Falls man was sentenced to prison for a bank fraud scheme that caused a trucking company to go bankrupt and close shop.

On Thursday, the Federal Motor Carrier Safety Administration (FMCSA) introduced a rule proposal designed to protect motor carriers by increasing financial responsibility requirements on freight brokers and freight forwarders.

Dozens of California truck drivers gathered outside of their employer on Monday morning demanding payment for work that has gone uncompensated.  The drivers gathered outside of Freon Trucking in Bakersfield, California on November 14th on claims that...