The Yellow Corp. auction names first winners
![En la imagen se muestra un camión de la empresa Yellow Corp.](https://www.sgibinc.com/wp-content/uploads/2023/07/download-truck-threequarter-scaled-e1705686346145-1024x1024.jpg)
Yellow could raise over $2 billion after the auction of its terminals. Approximately a dozen transportation and real estate companies were named winners in the court-supervised auction, selling 75% of Yellow’s properties for an estimated total of $1.9 billion, as per a filing on Monday, December 4, in the Delaware Bankruptcy Court. Yellow Corp, the […]
Yellow: “All company operations have ceased”
![En la imagen se muestra un camión de la empresa Yellow Corp.](https://www.sgibinc.com/wp-content/uploads/2023/07/download-truck-threequarter-scaled-e1705686346145-1024x1024.jpg)
The company sought federal protection and filed for bankruptcy. “Dear customers and employees. All company operations have ceased as of Sunday, July 30, 2023 at 12:00 p.m. m. EDT”. With this notice, Yellow closed its operations after 100 years of history in the industry in the United States. The company urged, in the same notice, […]