Yellow Corp's Failure to Make Pension Contributions Heightens Risk of Strike and Potential Shutdown

Company CultureHigh Tech / High Touch
Written By Jennifer Joslyn

Yellow Corp, a less-than-truckload carrier, has failed to make its required pension contributions for June and plans to withhold payments for July, leading the Teamsters union to threaten a strike. With the possibility of a strike, Yellow's future looks uncertain, and customers are advised to consider alternative shipping options. The potential shutdown of Yellow could impact the freight market, but with the industry currently experiencing weak capacity, competitors may be able to absorb the volume.

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Yellow Corp, a less-than-truckload carrier, has failed to make its required pension contributions for June and plans to withhold payments for July, leading the Teamsters union to threaten a strike.

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Jennifer Joslyn
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