Yellow Corp. on Aug. 7 announced it has filed for Chapter 11 bankruptcy protection, about a week after the less-than-truckload carrier ceased operations nationwide.
Category: News
XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
One in Four New Cars Sold in California in Q2 Were EVs
For the first time in California, one out of every four new cars sold in the last quarter were zero-emission vehicles, Gov. Gavin Newsom announced this week.
Canada’s Titanium Transportation Buys Georgia’s Crane
Titanium Transportation Group acquired Oakwood, Ga.-based Crane Transport to drive growth of the Canadian company’s U.S. logistics business, it said.
Cruise Sponsorship Patch Now Part of Giants’ Jerseys
Cruise, which offers a driverless ridehail service in San Francisco, now has a patch with the company logo on the shoulder of San Francisco Giants players’ jerseys.
Cruise Sponsorship Patch Now Part of Giants’ Jerseys
Cruise, which offers a driverless ridehail service in San Francisco, now has a patch with the company logo on the shoulder of San Francisco Giants players’ jerseys.
Nikola Hires GM Veteran Steve Girsky as CEO
Nikola Corp. is tapping a former General Motors Co. vice chairman to serve as its CEO, replacing the current CEO after less than a year of running the electric truck maker.
Employers Add a Solid 187,000 Jobs in July
WASHINGTON — U.S. employers added 187,000 jobs in July, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5%.
Amazon Profits, Revenue Surge in Q2
NEW YORK — Amazon on Aug. 3 posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.
Yellow’s Competitors Likely to Seek Carrier’s LTL Business
Less-than-truckload carrier Yellow Corp.’s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.