We take a deep dive into Yellow's bankruptcy and what that looks like for the LTL world.
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Chapter 11 Bankruptcy Notice

Hi Ryan,

 

A few weeks ago, the logistics industry was still sweating the possibility of a UPS Teamsters strike that would have temporarily sidelined more than 300,000 drivers, sorters, clerks and mechanics.

 

Today, approximately 30,000 industry professionals are sitting at home for a very different reason.

 

We’re talking, of course, about Yellow’s decision to close its operations and decision to declare bankruptcy.

 

First shared by the Teamsters Union, the news made headlines across the country. After all, it’s not every day that a 99-year-old industry constant goes out of business.

The question is, what happens now? 

 

Feel free to reach out to us if you’d like to discuss how this and other recent developments could impact your performance and spend. And don’t hesitate to contact us if you have questions.

 

Sincerely,

Tom Nightingale
CEO
AFS Logistics
​​​​​​Phone: +1 318.798.2111
afs.net

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