TruckingIndustry

Eurowag CEO Aims to Revitalize the Trucking Industry During Economic Recovery

9 days ago

In a strategic move that promises to reshape the trucking sector, the CEO of Eurowag, a leading transport and logistics services provider, has outlined ambitious plans to make trucking an appealing career option once again. As economies begin to recover from the impacts of recent global crises, this initiative seeks to address the ongoing shortage of drivers and enhance the industry’s overall appeal.

Creditors Unveil Alternative Plan for Yellow's $550 Million Rescue Effort

17 days ago

In a surprising turn of events, creditors of Yellow Corporation have introduced their own strategy to navigate the financial turmoil surrounding the beleaguered trucking firm. This alternative plan has emerged as a significant point of contention, directly challenging the initial framework put forth by the company's management. Yellow, a long-standing name in freight transportation, is currently grappling with a staggering $550 million in debt, which has prompted both shareholders and creditors to seek a feasible path to recovery.

Judge Acknowledges Mistake in Yellow Trucking Company's Pension Case

5 months ago

In a significant development regarding the ongoing bankruptcy proceedings of Yellow Corporation, a federal judge has recognized an error in a previous ruling related to the company's pension obligations. This revelation came to light during a hearing concerning the trucker's contentious negotiations with its pension fund, which has been a focal point in the larger narrative of Yellow's financial struggles.