The Teamsters union, which represents 22,000 Yellow Corp. workers, was served legal notice that the company, which is the third-largest LTL company in the U.S., will be ceasing operations and filing for bankruptcy.
"The writing has been on the wall for the past few days, if not weeks," writes Scott Achelpohl for Vehicle Service Pros partner brand FleetOwner.
Learn more about this developing story in the complete article on FleetOwner.