Yellow Saga Ongoing

Discussion in 'Other News' started by mjd4277, Nov 2, 2023.

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  1. Nov 3, 2023 #21
    mjd4277

    mjd4277 Road Train Member

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    You have to remember that Yellow mismanaged the loan they received from the government. I wouldn’t be surprised if the Justice Department decides when they want their pound of flesh. I sure they’re being quiet about it-for now (getting their ducks in a row).
     
    mjd4277, Nov 3, 2023
    mjd4277, Nov 3, 2023
    #21
    gentleroger, bzinger and Flat Earth Trucker Thank this.
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  3. Nov 5, 2023 #22
    Bud A.

    Bud A. Road Train Member

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    The article said that it "punched a $50 billion hole in the economy." Is all the freight they were hauling sitting in warehouses? No. Someone else is hauling it. Sucks for the drivers that lost their jobs, but just maybe there was a little overcapacity in the system. And the $50 billion just went to someone else.
     
    Bud A., Nov 5, 2023
    Bud A., Nov 5, 2023
    #22
    Suspect Zero and gentleroger Thank this.
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