YELLOW FREIGHT FAIL!!!

With corporate offices in the Golden Ghetto . . . This bit of bad news will have an impact locally.

Check the message . . .

All locations will be closed and/or lay off some number of employees. As the memo stated: “We regret to inform you that your employment with Yellow Corporation, or one of its subsidiaries, (collectively referred to as the ‘Company’) will permanently terminate on July 28, 2023, or within 14 days after (the ‘Separation Date’). The Company is shutting down its regular operations on July 28, 2023, closing and/or laying off employees at all of its locations, including yours (the ‘Shut Down’).”

Read more via www.TonysKansasCity.com link . . .

Yellow is ceasing ‘regular operations’ on Friday

Yellow, the third-largest less-than-truckload company that’s in the midst of financial chaos, said in a memo to laid-off, nonunion employees viewed by FreightWaves that the company is “shutting down regular operations” on Friday..

From the commie perspective . . .

"The bottom line is everyone is tired of corporate America getting all of the money": Michigan Yellow freight workers speak out on pension cuts

WSWS reporters spoke to Yellow freight workers in the Detroit area following a last-minute agreement by the Teamsters to avert a strike at the company over non-payment of pensions.