19th Ward Chicago: Yellow Freight is No More

Monday, July 31, 2023

Yellow Freight is No More

The Teamsters Union was served legal notice today that Yellow Corp. is ceasing operations and filing for bankruptcy.

“Today’s news is unfortunate but not surprising. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government. This is a sad day for workers and the American freight industry,” said Teamsters General President Sean M. O’Brien.

3 comments:

Anonymous7/31/2023
How did that strike threat workout for those teamsters.
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Anonymous8/03/2023
Seems odd that the Teamsters always has funding for every communist candidate and cause but they don't have money to shore up their pensions?
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Anonymous8/03/2023
Decay
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