Trucking giant Yellow shuts down: The 99-year-old company which has almost 30,000 staff and 12,000 big-rigs ceases operations immediately

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Trucking giant Yellow shuts down: The 99-year-old company which has almost 30,000 staff and 12,000 big-rigs ceases operations immediately (www.dailymail.co.uk)

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[–] • 2 pts

Strange nobody wanted to buy it up

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[–] • 3 pts

The pieces will probably get bought up for pennies at the bankruptcy sale.

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[–] • 1 pt

It's subsidiaries will be bought up. They were doing quite well because they arent burdened by a century of Teamster policies and unfunded pension obligations.

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