Yellow: Inside American Trucking’s Largest Bankruptcy | WSJ What Went Wrong

Описание к видео Yellow: Inside American Trucking’s Largest Bankruptcy | WSJ What Went Wrong

Yellow is one of the oldest and biggest trucking companies in the U.S., but it collapsed in late July after years of ballooning debt and a standoff with the Teamsters union. The freight carrier company filed for bankruptcy after 99 years in business. But what events led to the freight company’s downfall?

WSJ explains the factors that helped drive the 99-year-old trucking giant’s growth and details the factors that have led Yellow to face bankruptcy.

0:00 Yellow’s struggles
0:48 Yellow’s background
1:58 Merger mistakes and stalled profits
4:11 Covid government bailout
5:03 Compounding factors
7:03 What’s next?

What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.

#Trucking #Transportation #WSJ

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