Yellow Corp. Accepts $1.9B In Bids For Trucking Terminals

By Rick Archer · December 5, 2023, 10:42 AM EST

Bankrupt trucking firm Yellow Corp. has told a Delaware bankruptcy judge that it plans to sell 128 trucking terminals nationwide to 21 different buyers for over $1.88 billion....

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Bankruptcy Scorecard

Summary

Trucking company Yellow Corp. hit bankruptcy on Aug. 6 with roughly $1.2 billion in secured debt amid a dispute with the International Brotherhood of Teamsters over Yellow’s restructuring efforts.

Case Number

1:23-bk-11069

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Documents

Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023