One of the country’s biggest trucking companies, Yellow, is shutting down, potentially leaving 30,000 employees out of a job and costing taxpayers hundreds of millions for the money the company received during Covid. NBC News’ Tom Costello has more details on the trucking industry’s biggest collapse ever in the U.S.
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#NBCNews #Yellow #Trucking
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Bidenomics huh
The U.S. government changed the fine print for guaranteed pensions back in the 1980s. And Americans went with 401Ks. Which are mostly for the rich to get richer. Good luck. 😂
I worked for Bethlehem Steel for over 11 years. Once they filed for bankruptcy, my pension was gone. I recieve zip, nada, nothing. Welcome to America
I'm going to build a railroad across the Indian Ocean! Jokin Joey Biden 😂😂😂😂😂
The workers can go to other carriers.
Same old story, union chokes the life out of a company. So the company has to go bankrupt. Everyone thank the union bosses they will still get their envelope full of cash you can bet on it
Oh but No worries, AI will take over the lost jobs 😂🤷♀️😰
Carefully investigate all the executives and trace their accounts. They might have pulled out the company's funds with the intention to open their own private firms. That's human mismanagement and greediness.
Hypocrisy of democracy.
Yellow with a Roadway Trailer
Yellow Belly Frucking company!
I shorted some Yellow stock in 2018 when the DOJ sued. Some more after they took the loan money. It was obvious they were on a path to oblivion.
I got Friends who are Working for R&L Carriers. XPO Logistics and New here to Twin Cities is Indianapolis Based Venture Logistics. they left 1 month before this happen
The Trump Administration giving out tens of billions of dollars without restrictions and accountability as long as they contributed heavily to his campaign!
It's called bad investments and there running low on funds them selves they cut job.. probably idk just talking ish
Thanks Trump 🤡
God doesn’t forget evil deeds ❤ Glory to the Lord ❤
God bless rhe truckers
THAT MEANS THEY OWNER NEVER USE THE $700 MILLIONS FOR HIS BUSINESS.
😬😬😱😱
Blaming the union tells you the business was already going down.
I’m devastated 😢
Just like "Consolidated Freight" (CF) did .
Andrew Yang already predicted this but Americans weren’t ready to hear the truth yet
😢