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 1 year ago by Excelsior 1 year 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.