76 The fifth-largest trucking carrier in the country, Yellow, is teetering on the edge of bankruptcy as a dispute between management and the Teamsters threatens to massively disrupt operations next week. Between this and the UPS strike anticipated August 1, it could make things, well, challenging (www.freightwaves.com) posted 315 days ago by Excelsior 315 days ago by Excelsior +76 / -0 The data to watch if Yellow shuts down LTL contract rates and tender rejections in select markets will tell us if transportation networks can handle a sudden Yellow exit. 7 comments share 7 comments share save hide report block hide replies
I asked my UPS guy this past Tuesday abt the strike; he says the drivers have already got an agreement, it's the warehouse guys that are asking for the biggest money grab. Currently in the $14 range and asking for a $23 range.