As you head to the polls this Election Day you might be hoping to snap a …
Read More »Delaware bankruptcy court says Yellow owes pensions, stock drops 90%
Shares of Yellow fell 90% Friday afternoon following a Delaware court’s decision on its pension liabilities. (Photo: Jim Allen/FreightWaves) A Delaware bankruptcy court provided some clarity late Friday regarding $6.5 billion in withdrawal liability claims against Yellow Corp. The total amount the bankrupt less-than-truckload company will actually pay, however, remains …
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