Is Yellow it's own thing again?
Discussion in 'LTL and Local Delivery Trucking Forum' started by Dave1837, Apr 26, 2021.
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I can usually identify a yellow truck and trailer by all the rust and lack of paint on it.
bzinger Thanks this. -
Next question, did they also merge with New Penn? Been seeing a lot of Yellow trucks pulling NP trailers lately
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Dave1837 Thanks this.
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And about the only profitable part of the YRC portfolioDave1837 and Wasted Thyme Thank this. -
I say this is the next step in full consolidation of the regionals they own. The closed the New Penn headquarters in Lebanon, PA and moved the jobs, while what ones they didn't eliminate, ro the Yellow HQ. Slowly but surely they have been mixing the companies together.Dave1837 and Bob Dobalina Thank this. -
brian991219 Thanks this.
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The U.S. Treasury received 29.6% of Yellow's stock in exchange for a $700m loan. The government is taking the risk. Didn't they come out OK when they did the same thing for bankrupt General Motors?
banjer picker Thanks this. -
saw 2 Yellow branded( magnets or stickers on the doors and faring) hooked to USF and Holland painted trailers just this morning.
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But Obama told General Motors they didn’t have to repay the American Tax Payers loan.
Joe Biden will do the same, after he doubles it.
Doubling down on with other peoples money.
He wants to unionize everything.
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